75985 results returned for search: "" category "Business"
Government continues to promise significant subsidies to airlines serving Bermuda, the Consolidated Fund financial statements show.
The Consolidated Fund report for the fiscal year ended March 2011 showed Government entered into two further minimum r...
DATE: Feb 24, 2012
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CATEGORY:
Other
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Long-time St George’s store, the Book Cellar, is set to close.
But it’s expected to likely reopen under new ownership, with at least one party seriously interested in taking it over.
Gillian White, who opened the Book Cellar on Water Street 32 years ...
DATE: Feb 24, 2012
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CATEGORY:
Local Business
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Software development company, Nova Limited, is holding its first ever Data Management Conference in Bermuda.
In partnership with Microsoft, the conference aims to explore the ways to manage the ever growing volume and complexity of business data and ...
DATE: Feb 23, 2012
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CATEGORY:
Technology
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The board of directors of RenaissanceRe Holdings Ltd yesterday voted to increase the Bermuda reinsurer’s quarterly dividend to 27 cents per share on its common stock, from 26 cents per share.
The company has increased its dividend during each of the ...
DATE: Feb 23, 2012
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CATEGORY:
Reinsurance
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Maiden Holdings Ltd reported a net income of $28.5 million compared to $69.9 million in 2010.
They also reported fourth quarter 2011 net income of $17.5 million, compared with $19.1 million in the fourth quarter of 2010.
“In one of the worst years f...
DATE: Feb 23, 2012
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CATEGORY:
Reinsurance
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Bermuda-based re/insurer Catlin is partnering with Google to back a pioneering ocean survey that aims to document the health of corals in the Great Barrier Reef and capture underwater vistas that will be shared online.
The Catlin Seaview Survey was o...
DATE: Feb 23, 2012
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CATEGORY:
Other
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Watlington Waterworks plunged 8.33 percent ($1) on the Bermuda Stock Exchange yesterday, with 200 shares trading to close at $11. Ascendant Group also slipped 3.5 percent (.48 cents) with 600 shares trading to close at $13.20.
Overall, the BSX closed...
DATE: Feb 23, 2012
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s lack of double taxation treaties and local underwriters missing “common sense” modelling judgment are just two challenges faced by the Island’s insurance market.
This, according to online news publication Insurance Day, in an in-depth featu...
DATE: Feb 23, 2012
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CATEGORY:
Reinsurance
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Bermuda needs to end its dependence on high-priced imported oil for its power and fuel needs.
That was the message from James Woolsey, the former director of the US Central Intelligence Agency, as he spoke at Business Bermuda’s AGM yesterday.
He sugg...
DATE: Feb 23, 2012
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CATEGORY:
Other
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With food imports to the Island off by well over $20 million in the last four years, the managers at Butterfield & Vallis admit “it’s clear that it isn’t business as usual”.
The family-owned food wholesaler has had to change strategy to cope with the...
DATE: Feb 22, 2012
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CATEGORY:
Local Business
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