75985 results returned for search: "" category "Business"
The Bermuda Insurance Development Council (IDC) has launched a new award recognising outstanding volunteer service to the Bermuda industry by insurance professionals.
The IDC created the award to recognise those in the industry who give their time a...
DATE: Jan 23, 2012
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CATEGORY:
Other
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NEW YORK (Bloomberg) As a profit-making endeavour, managing other people's money is hard to beat. The business requires very little invested capital. There are no worries about getting paid in full when the bill comes due, since fund managers control...
DATE: Jan 21, 2012
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Other
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More than $1 million worth of shares were traded on the Bermuda Stock Exchange yesterday as 252,700 KeyTech shares were traded.
The Royal Gazette/Bermuda Stock Exchange Index rose by 8.46 points as Butterfield Bank and KeyTech shares rose.
The Index ...
DATE: Jan 21, 2012
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CATEGORY:
Bermuda Stock Exchange
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The value of goods imported into Bermuda fell for the sixth straight quarter.
This as the Island’s balance of payments current account surplus shrank by 3.5 percent in the third quarter of 2011.
A total of $242 million was spent on imported goods in ...
DATE: Jan 20, 2012
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CATEGORY:
Economy
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Butterfield Bank dropped one cent (.86 percent) yesterday on the Bermuda Stock Exchange with 10,100 shares trading to close at $1.14.
BF&M traded 1,700 shares and KeyTech traded 1,439 shares, both with no change in share price.
Overall, the BSX dipp...
DATE: Jan 20, 2012
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CATEGORY:
Bermuda Stock Exchange
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New reinsurer, Third Point Re, has appointed Bermudian Tonya Marshall to executive vice president, general counsel, and secretary with the company
John Berger, chairman and CEO of Third Point Re, welcomed Ms Marshall: “We are delighted that someone o...
DATE: Jan 20, 2012
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CATEGORY:
Reinsurance
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First Atlantic Commerce (FAC) has announced the appointment of Tricia Lines Hill to the position of Senior Vice President, Business Development and Marketing.
Founded in 1998, Bermuda-based FAC is a global, online payment provider for businesses.
Mrs...
DATE: Jan 20, 2012
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CATEGORY:
Other
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London (Bloomberg) Axa SA, Europe’s second-biggest insurer, and Zurich-based Ace Ltd. are among final bidders for HSBC Holdings Plc’s non-life insurance operations, three people with knowledge of the matter said.
Bupa Insurance Ltd., a UK healthcare ...
DATE: Jan 20, 2012
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CATEGORY:
Reinsurance
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Vacation rentals have become a booming market in Bermuda as tourists seek houses and apartments to stay in rather than hotels.
Coldwell Banker Bermuda Realty sales representative Karen Brine said even with 53 listings she had more families to accommo...
DATE: Jan 20, 2012
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CATEGORY:
Other
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Shares of Golar LNG Ltd., an owner of tankers hauling liquefied natural gas, erased losses after Dahlman Rose & Co. raised its rating to “buy” from “hold,” saying demand will grow three times faster than the fleet.
Shares will climb 22 percent to $50...
DATE: Jan 20, 2012
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CATEGORY:
Other
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