76339 results returned for search: "" category "Business"
The Bermuda Insurance Institute has announced the winners of the 14th Annual Insurance Industry Awards.
Former CEO of PartnerRe, Patrick Thiele; chairman, president and CEO of Arch Capital Group, Constantine (Dinos) Iordanou and senior regulatory ac...
DATE: Mar 23, 2012
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CATEGORY:
Reinsurance
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Butterfield Bank closed at $1.10 on the Bermuda Stock Exchange yesterday, with 200 shares trading and Butterfield Preferred closed at $1,230 with ten shares trading, both with no change in share price.
Overall, the BSX closed at 1,036.31, with 200 sh...
DATE: Mar 23, 2012
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CATEGORY:
Bermuda Stock Exchange
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Lehman Brothers is looking to sell its Bermuda reinsurance arm for $14 million.
The Bermuda unit is seeking bankruptcy court approval to close on the sale of Congress Life Insurance as a part of the wind-down of Lehman Re Ltd, which is being oversee...
DATE: Mar 23, 2012
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CATEGORY:
Reinsurance
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Tourism Minister Wayne Furbert signalled Government’s intention to get tough with hotel developers to deliver on what they are proposing and meet set deadlines.
Mr Furbert spoke to The Royal Gazette about his plans to revive tourism, what mistakes ma...
DATE: Mar 23, 2012
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CATEGORY:
Local Business
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Q’s restaurant opened this week on South Shore, Warwick - an area seeing a major consuction boom.
The new authentic barbeque restaurant and property is owned by Brenda Augustus Spencer. Former Greg’s Steakhouse owner Greg Wilson is a partner in the b...
DATE: Mar 22, 2012
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CATEGORY:
Local Business
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There’s new evidence the job market isn’t getting any better for Bermuda.
Eleven percent of Bermudians have lost a job in the last year and of those, 94 percent have not managed to find another one.
Hardest hit were whites who made up 16 percent of...
DATE: Mar 22, 2012
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CATEGORY:
Other
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Bermuda-based Hardy Underwriting has agreed to be bought by US underwriter, CNA Financial Corporation, for £143 million ($227 million).
The offer, announced yesterday by Hardy, represents a 35 percent premium on the firm’s closing share price on Tues...
DATE: Mar 22, 2012
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CATEGORY:
Reinsurance
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Bermuda Parent is the latest magazine to hit local newstands.
The 56-page first issue is free, but the next issue of the quarterly magazine will sell for $6.50, publisher and editor Katrina Ball said.
An initial 5,000 copies were printed.
Mrs Ball, a...
DATE: Mar 22, 2012
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CATEGORY:
Local Business
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Overall spending fell in January with car sales continuing their double-digit decline.
Retail sales fell by 2.3 percent in the first month of 2012 to $73 million, while retail sales volume, which takes inflation into account, fell 4.9 percent.
Car s...
DATE: Mar 22, 2012
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CATEGORY:
Local Business
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The Bermuda Insurance Institute (BII) will be holding a series of learning luncheons throughout 2012 about the Island’s insurance industry.
The first of these events will take place on Tuesday, April 10 featuring Jeremy Cox, CEO of the Bermuda Monet...
DATE: Mar 22, 2012
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CATEGORY:
Reinsurance
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