75985 results returned for search: "" category "Business"
PartnerRe Ltd announced yesterday that it made a net loss of $520 million last year as it suffered $1.79 billion in net catastrophe losses.
The Bermuda reinsurer revealed last night that it made a fourth-quarter net loss of $17.6 million, or 49 cents...
DATE: Feb 07, 2012
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CATEGORY:
Reinsurance
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KeyTech had a big day on the Bermuda Stock Exchange, shooting up 70 cents (13.2 percent) to close at $6 with 577,700 shares trading. Butterfield Bank also rose five cents (4.16 percent) to close at $1.25 with 82,738 shares trading hands. Argus droppe...
DATE: Feb 07, 2012
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CATEGORY:
Bermuda Stock Exchange
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A Telecommunications Commission hearing over the Digicel long distance service was halted yesterday, causing yet another delay in the costly legal battle involving several of the Island’s telecoms providers.
Consultant Crown counsel Maurice Cottle so...
DATE: Feb 07, 2012
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CATEGORY:
Technology
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A year and a half since ground was broken on the Grand Atlantic housing development, none of the new condos has sold while the hotel planned for the South Shore, Warwick site has been put off indefinitely.
Now taxpayers could be on the hook for milli...
DATE: Feb 07, 2012
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CATEGORY:
Other
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Is it good to LOL at work? A new survey from Accountemps suggests it could be. Nearly eight in ten (79 percent) chief financial officers (CFOs) interviewed said an employee's sense of humour is important for fitting into the company's corporate cultu...
DATE: Feb 07, 2012
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CATEGORY:
Bermuda Works
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Employers could avoid excess absenteeism by just offering emotional and instrumental support, reveals a new study.
A new study conducted by Dr Michal Biron of the University of Haifa’s Graduate School of Management, set out to examine what interpers...
DATE: Feb 07, 2012
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CATEGORY:
Bermuda Works
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Teamwork. Yesterday was the Super Bowl. Whether or not you follow football there is always a lot of hype and over analysis of the game and its outcome. What we witnessed was a team with a mission and a sense of working together to overcome any odds a...
DATE: Feb 07, 2012
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CATEGORY:
Bermuda Works
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NEW YORK (Bloomberg) - Bermuda-based Nabors Industries Ltd’s chairman and former chief executive officer, Eugene Isenberg, forfeited his rights to a $100 million payment and will resign as chairman.
Isenberg, who served as CEO for 24 years before th...
DATE: Feb 07, 2012
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CATEGORY:
International Business
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Bermuda reinsurer Validus Re’s financial strength rating has been upgraded by AM Best Co to A (excellent) from A- (excellent).
Additionally, AM Best has upgraded the issuer credit rating to “bbb” from “bbb-”and debt ratings of the parent company, Val...
DATE: Feb 07, 2012
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CATEGORY:
Reinsurance
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Close to 700 people are expected to attend the Somerset Economic Empowerment Zone’s first public presentation event next week in hopes of sparking a “regeneration” in the western parish.
In conjunction with Sandys Parish Council, the EEZ has invited ...
DATE: Feb 07, 2012
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CATEGORY:
Local Business
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