75985 results returned for search: "" category "Business"
HWP’s ‘mega’ sale set for today has been postponed due to forecast bad weather.
“The weather is predicted to be gale force winds and thunderstorms, so we are moving the sale to next week,” said Tony Martin, executive vice president of HWP auto sales....
DATE: Feb 11, 2012
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CATEGORY:
Local Business
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From a markets perspective, rarely is the eternal pessimist ie the investor currently thinking the world is going to hell in a hand basket correct.
On the other hand, things never seem to turn out quite as well as the permanently optimistic would ha...
DATE: Feb 11, 2012
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CATEGORY:
Personal Finance
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Summary of an important new announcement for US persons: US citizens living and working offshore, dual and triple nationality citizens with the United States but residing in another country, LPRs (long-term permanent residents, aka green card holders...
DATE: Feb 11, 2012
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CATEGORY:
Personal Finance
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House hunters will now have the ability to find out all the details of a prospective property on their mobile phone with the help of a new texting service.
Coldwell Banker Bermuda Realty has launched a new dedicated texting service for all of their p...
DATE: Feb 10, 2012
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CATEGORY:
Local Business
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Bermuda-based Montpelier Re Holdings reported a $124 million net loss for 2011, driven by this year’s catastrophe events.
In the fourth quarter, the company saw a $40 million hit from the Thailand floods and $26 million from other catastrophe events ...
DATE: Feb 10, 2012
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CATEGORY:
Reinsurance
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XL Group plc posted a net loss of more than half a billion dollars in what CEO Mike McGavick described as a “frustrating” fourth quarter of last year.
The $515.5 million loss was driven by a non-cash goodwill impairment charge of $429 million, relati...
DATE: Feb 10, 2012
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CATEGORY:
Reinsurance
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Bermuda-based insurer Catlin, operator of the biggest syndicate at Lloyd’s of London, reported an 82 percent drop in its 2011 profit, still ahead of market expectations, after absorbing nearly $1 billion in catastrophe-related claims.
Pretax profit f...
DATE: Feb 10, 2012
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CATEGORY:
Reinsurance
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Bermuda’s first online law firm is now up and running for clients looking for legal advice without having to leave their homes.
Founder and managing partner, Zakkiyah Daniels, a former practitioner for both the Crown and private practice, opened TLC...
DATE: Feb 10, 2012
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CATEGORY:
Local Business
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Endurance Specialty Holdings reported a year-end net loss of $93.7 million.
The loss is compared with a 2010 net income of $364.7 million. The Bermuda-based company reported a net loss of $27.4 million for the fourth quarter of 2011 versus net income...
DATE: Feb 10, 2012
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CATEGORY:
Reinsurance
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Ascendant Group dipped seven cents (.53 percent) to close at $13.03 on the Bermuda Stock Exchange with 1,100 shares trading. Argus Group rose one cent (.24 percent) to close at $4.16 with 300 shares trading.
Overall, the BSX closed at 1096.34, down ....
DATE: Feb 10, 2012
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CATEGORY:
Bermuda Stock Exchange
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