76339 results returned for search: "" category "Business"
Business Development Minister Wayne Furbert has welcomed the formation of PaCRe, formed by Bermuda reinsurer Validus Holdings in conjunction with American hedge fund manager John Paulson.
As reported by The Royal Gazette nearly two weeks ago, PaCRe w...
DATE: Apr 16, 2012
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CATEGORY:
Reinsurance
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Awarded to A&P Marine president Michael Araujo, the certification came after Mr Araujo visited the Grady-White manufacturing place in Greenville, North Carolina.
Mr Araujo learned aspects of the building, assembly and shipping processes of Grady-Whi...
DATE: Apr 16, 2012
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CATEGORY:
Local Business
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Financial ratings firm AM Best has removed Bermuda-based PartnerRe from under review with negative implications and assigned a negative outlook to the company’s financial strength rating A+ (Superior) and issuer credit ratings of “aa-” along with its...
DATE: Apr 16, 2012
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CATEGORY:
Reinsurance
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Bermuda is the largest captive domicile in the world and now, two of the Island’s largest insurance industry organisations are teaming up to host a first of its kind symposium for professionals in the captive insurance market.
The one-day Captive Ed...
DATE: Apr 16, 2012
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CATEGORY:
Reinsurance
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Bermuda Aviation announced a goodwill write-down in its cargo handling segment of some $5.6 million, citing the struggling economy.
The company, whose president and CEO is Kenneth Joaquin, also announced the purchase of a building on Bakery Lane, Pem...
DATE: Apr 16, 2012
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CATEGORY:
Local Business
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The owners of White & Sons says their two supermarkets are not closing and they and their staff of 85 are working hard to turn things around after a difficult period.
Gary White told The Royal Gazette that with “much hard work and difficult decisions...
DATE: Apr 16, 2012
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CATEGORY:
Local Business
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Butterfield Bank closed unchanged at $1.13 yesterday on the Bermuda Stock Exchange, as 29,000 shares changed hands.
Under utilities, Ascendant Group and KeyTech Ltd also traded, both closing unchanged.
Ascendant closed at $13.50 as 100 shares changed...
DATE: Apr 14, 2012
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CATEGORY:
Other
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Here we go again. Europe is about to go through the mangle one more.
The finger of Euro doom is no longer pointing at Greece, however, it’s locked on Spain.
This was always going to be the risk. Fix Greece and the focus will shift.
Keep Greece at th...
DATE: Apr 14, 2012
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CATEGORY:
Other
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Rosewood Tucker’s Point’s new managing director Duncan Graham said he plans to make the resort one of the finest in the world.
Speaking at the rebranding yesterday of the resort’s spa, Mr Duncan, who officially takes up his post on April 23, said he ...
DATE: Apr 13, 2012
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CATEGORY:
Other
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AFL Investments is to host a free seminar next week to help charities in Bermuda stabilise their finances for the future. The seminar will take place on Tuesday, April 17, from 12.15pm to 1.30pm, at the Argus Building, 14 Wesley Street in Hamilton.
E...
DATE: Apr 13, 2012
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CATEGORY:
Other
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