76339 results returned for search: "" category "Business"
Bermuda market companies will end up shouldering at least 40 percent of the total reinsurance losses sustained as a result of the series of catastrophes that occurred in 2011.
That was the message from Brad Kading, president of the Association of Ber...
DATE: Mar 12, 2012
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CATEGORY:
Reinsurance
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Ascendant Group Limited jumped 47 cents (3.6 percent) on the Bermuda Stock Exchange yesterday, trading 4,200 shares to close at $13.67.
BF&M Limited traded 5,400 shares to close up 49 cents (3.2 percent) at $15.74.
Overall, the The Royal Gazette / ...
DATE: Mar 10, 2012
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CATEGORY:
Bermuda Stock Exchange
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If the new money created by QE escapes in an unintended way, then new chaos will reign, with a period of out-of-control inflation, argues Clem Chambers, CEO of leading market information site ADVFN.com, and author of ‘101 Ways to Pick Stock Market Wi...
DATE: Mar 10, 2012
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CATEGORY:
Personal Finance
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Willis is about to become the first global insurance broker in the world’s fastest-growing urban centre.
The London-based Willis Group said the Chinese government has granted it permission to open a new office in the city of Chongqing. The new addit...
DATE: Mar 09, 2012
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CATEGORY:
International Business
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Realtors say rents have fallen in the last five years, but according to the Consumer Price Index, they have actually risen every year since 2006, pushing inflation up.
This is because, ironically, rents for rent-controlled apartments went up during t...
DATE: Mar 09, 2012
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CATEGORY:
Other
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That powerful eruption on the sun that NASA warned could cause widespread damage to power grids, GPS systems and even aeroplane flights, ended up being not much to write home about. But scientists say more solar storms are sure to come.
The solar fl...
DATE: Mar 09, 2012
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CATEGORY:
Other
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Butterfield Bank shares traded on the Bermuda Stock Exchange yesterday, closing unchanged at $1.10 as 62,000 changed hands.
It was the day’s only trade on the BSX.
Overall the BSX closed unchanged at 1,018.13.
The BSX Insurance Index closed up 5.000,...
DATE: Mar 09, 2012
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CATEGORY:
Bermuda Stock Exchange
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In a deal worth $914 million, global banking giant HSBC has sold off its general insurance businesses in five different countries in an effort to get out of operations it no longer considers a core part of the bank.
French insurance company, Axa is ...
DATE: Mar 09, 2012
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CATEGORY:
International Business
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Global insurer Ace Ltd has received a bump in its ratings outlook.
Fitch Ratings yesterday said it has revised the company’s ratings outlook to ‘positive’ from ‘stable’.
The ratings firm’s actions reflect Ace’s continued strong operating performance...
DATE: Mar 09, 2012
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CATEGORY:
Reinsurance
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Travel + Leisure Magazine’s list of the World’s Best Hotels for 2012 is out and one Bermuda hotel is on it.
For the fifth year in a row, The Reefs was named one of the top hotels in the Caribbean. This year marks the tenth anniversary for the list an...
DATE: Mar 09, 2012
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CATEGORY:
Other
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