75985 results returned for search: "" category "Business"
A big increase in the number of catastrophe bonds and insurance linked securities (ILS) reflected in a proliferation of Special Purpose Insurers (SPI) contributed to the surge in new insurers setting up in Bermuda.
That is according to Tim Faries, in...
DATE: Jan 11, 2012
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CATEGORY:
Reinsurance
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Butterfield Bank moved up two cents (1.69 percent) to close at $1.20, with 45,944 shares trading on The Bermuda Stock Exchange (BSX).
The Ascendant Group dipped 15 cents (1.13 percent) to close at $13.10 with 8,100 shares trading.
Overall, the Index ...
DATE: Jan 11, 2012
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CATEGORY:
Bermuda Stock Exchange
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Free parking, club memberships and first-class travel were among a slew of executive perks cut out last year by international companies in Bermuda.
Executive pay came under pressure across the financial services sector as profit margins were squeezed...
DATE: Jan 11, 2012
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CATEGORY:
International Business
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Kane, the largest global independent insurance manager, has announced the completion of the first phase of its integration of HSBC Insurance Management (HIM), which it acquired in June last year.
Following this key acquisition, Kane, which has office...
DATE: Jan 11, 2012
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CATEGORY:
Reinsurance
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A local appliance company tried to gobble up the competition with its annual turkey giveaway promotion over the holiday, enticing hundreds of customers to enter a draw to win a store credit worth thousands of dollars.
This is the second year that Ber...
DATE: Jan 11, 2012
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CATEGORY:
Local Business
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Impact. Each of us has the ability to make an impact on our community. Can you imagine what we could all accomplish if we each identified positive changes we could make that would have an impact? Let me suggest that each of you reading this identify ...
DATE: Jan 10, 2012
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CATEGORY:
Bermuda Works
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I first encountered, the now ubiquitous, Robin Sharma, author of “The Monk Who Sold His Ferrari” several years ago. I didn’t own a Ferrari and in no way aspired to be a monk but something about the title resonated with me and apparently millions of o...
DATE: Jan 10, 2012
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CATEGORY:
Bermuda Works
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The Bermuda Small Business Development Corporation has been officially renamed the Bermuda Economic Development Corporation (BEDC) in a ribbon-cutting ceremony at its new office on Church Street this morning.
The new name reflects the organisation’s ...
DATE: Jan 10, 2012
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CATEGORY:
Local Business
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Ace Ltd yesterday announced that its shareholders approved a resolution at an extraordinary general meeting to increase the company’s quarterly dollar-denominated dividend by 34 percent, from 35 cents per share to 47 cents per share.
This action amen...
DATE: Jan 10, 2012
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CATEGORY:
Reinsurance
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Former Ironshore CEO Bob Deutsch has joined the board of Beazley Furlonge Ltd, the Lloyd’s managing agency that forms part of Beazley plc, as a non-executive director, the company announced yesterday.
The appointment has been approved by the UK’s Fin...
DATE: Jan 10, 2012
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CATEGORY:
Reinsurance
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