75985 results returned for search: "" category "Business"
XL Group plc and its subsidiaries have announced that the XL Group of companies has received final approval from the Brazilian re/insurance regulator Superintendencia de Seguros Privados (SUSEP) to set up an insurance operation in the country.
XL Seg...
DATE: Jan 06, 2012
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CATEGORY:
Reinsurance
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Hotel jobs increased by 84 positions and industry revenue jumped almost 20 percent in the third quarter of 2011.
According to the Quarterly Bulletin of Statistics, distributed by the Department of Statistics, revenue for the hotel industry in Bermuda...
DATE: Jan 06, 2012
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CATEGORY:
Economy
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NEW YORK (Bloomberg) Reinsurance brokers say the most expensive year for natural disasters didn’t drive coverage prices higher across the industry when policies were renewed on January 1.
Reinsurers’ strong capital base meant only insurance policies ...
DATE: Jan 06, 2012
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CATEGORY:
Reinsurance
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One hundred years ago last month, Spanish Point grocery M Soares and Sons opened its doors.
Today, brothers Dean and Craig Soares own and operate the store their great grandfather Manuel Soares founded.
The 1,400-square-foot shop offers everything fr...
DATE: Jan 06, 2012
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CATEGORY:
Local Business
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Non-payment of utility bills may be the proverbial straw that breaks the backs of some restaurants this year, forcing at least three to close their doors in 2012, predict hospitality bosses.
Philip Barnett, owner of Island Restaurant Group and co-cha...
DATE: Jan 05, 2012
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CATEGORY:
Local Business
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Housing prices in Bermuda tumbled in 2011 with many properties on the Island now taking as long as a year or more to sell.
Condos in the under $32,400 ARV sector were the hardest to sell, with double digit drops in both price and volume sold in 2011....
DATE: Jan 05, 2012
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CATEGORY:
Other
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Watlington Waterworks rose 30 cents, or 2.6 percent, to $12 on the Bermuda Stock Exchange yesterday.
A total of 800 shares in the company changed hands.
Argus Group also traded, the shares closed up 4 cents, or 1 percent, to finish at $4.20, on a vol...
DATE: Jan 05, 2012
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CATEGORY:
Bermuda Stock Exchange
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The Bermuda Stock Exchange (BSX) marked a few significant milestones during its 40th year in operation from reaching a market capitalisation of listed insurance linked securities (ILS) totalling more than $3.3 billion to the TMX buying a 16 percent s...
DATE: Jan 05, 2012
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CATEGORY:
Bermuda Stock Exchange
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The costly legal dispute over Digicel long distance is heating up again.
The parties were back in Supreme Court this week after long distance company TBI launched fresh legal action, this time against Government.
Despite Government claims in affidav...
DATE: Jan 05, 2012
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CATEGORY:
Other
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AUTHOR:
Jonathan Bell
Luxury home and condo sales were so strong last year that one leading Bermuda realtor said there's now pent-up demand from wealthy overseas buyers for multi-million-dollar properties in desirable areas, including Tucker's Town.
Not only did the numbe...
DATE: Jan 04, 2012
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CATEGORY:
Local Business
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