76339 results returned for search: "" category "Business"
Lancashire Holdings president Neil McConachie will step down from his executive role at the end of this year.
The Bermuda reinsurer said yesterday that Mr McConachie intended to continue on the Lancashire board as a non-executive director, from the s...
DATE: Feb 24, 2012
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CATEGORY:
Reinsurance
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Lancashire Holdings yesterday reported a $212.2 million net profit after taxes for 2011 and declared a special dividend to shareholders.
The London-based company reported a 80-cent special dividend per share for 2011 as compared to $1.40 the year pri...
DATE: Feb 24, 2012
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CATEGORY:
Reinsurance
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Founder of Mello Jones & Martin, Michael Mello QC, has joined the firm of Appleby.
In a statement yesterday, Appleby announced that Mr Mello will join its award-winning Private Client & Trusts practice as counsel from next month.
Appleby said Mr Mell...
DATE: Feb 24, 2012
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CATEGORY:
Local Business
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Solar and other renewable energy sources may be cleaner and cost-effective elsewhere, but in Bermuda they are still considerably more expensive than oil.
This from Belco after former CIA director James Woolsey urged Bermuda to go solar in a speech to...
DATE: Feb 24, 2012
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CATEGORY:
Local Business
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Government continues to promise significant subsidies to airlines serving Bermuda, the Consolidated Fund financial statements show.
The Consolidated Fund report for the fiscal year ended March 2011 showed Government entered into two further minimum r...
DATE: Feb 24, 2012
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CATEGORY:
Other
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Long-time St George’s store, the Book Cellar, is set to close.
But it’s expected to likely reopen under new ownership, with at least one party seriously interested in taking it over.
Gillian White, who opened the Book Cellar on Water Street 32 years ...
DATE: Feb 24, 2012
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CATEGORY:
Local Business
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Software development company, Nova Limited, is holding its first ever Data Management Conference in Bermuda.
In partnership with Microsoft, the conference aims to explore the ways to manage the ever growing volume and complexity of business data and ...
DATE: Feb 23, 2012
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CATEGORY:
Technology
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The board of directors of RenaissanceRe Holdings Ltd yesterday voted to increase the Bermuda reinsurer’s quarterly dividend to 27 cents per share on its common stock, from 26 cents per share.
The company has increased its dividend during each of the ...
DATE: Feb 23, 2012
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CATEGORY:
Reinsurance
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Maiden Holdings Ltd reported a net income of $28.5 million compared to $69.9 million in 2010.
They also reported fourth quarter 2011 net income of $17.5 million, compared with $19.1 million in the fourth quarter of 2010.
“In one of the worst years f...
DATE: Feb 23, 2012
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CATEGORY:
Reinsurance
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Bermuda-based re/insurer Catlin is partnering with Google to back a pioneering ocean survey that aims to document the health of corals in the Great Barrier Reef and capture underwater vistas that will be shared online.
The Catlin Seaview Survey was o...
DATE: Feb 23, 2012
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CATEGORY:
Other
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