75988 results returned for search: "" category "Business"
The Bermuda Stock Exchange recorded a positive week, thanks to a 6.8 percent rise in Butterfield Bank’s share price.
During the five days of trading, Butterfield climbed eight cents to close the week on $1.25.
Insurer Argus Group Holdings Ltd saw its...
DATE: Dec 12, 2011
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CATEGORY:
Bermuda Stock Exchange
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The St George’s Club has been awarded a prestigious RCI Gold Crown Resort designation by RCI for excellence in accommodations, hospitality and member experience.
RCI is a worldwide leader in vacation exchange.
St George’s Club general manager Sally-A...
DATE: Dec 12, 2011
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CATEGORY:
Local Business
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Custom cabinet, flooring and countertop seller Sticks and Stones is moving from its Pembroke location of 15 years and plans a brand new showroom in Paget.
The company will be moving into the longtime Eve’s Cycle Livery building on Middle Road, in the...
DATE: Dec 12, 2011
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CATEGORY:
Local Business
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Malcolm Furbert, Bermuda general counsel of Catlin Group Ltd, has been appointed chair of the Association of Bermuda Insurers and Reinsurers’ (ABIR) Policy Committee.
The Committee serves as the chief policy body reviewing a wide range of measures fr...
DATE: Dec 12, 2011
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CATEGORY:
Reinsurance
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Argus Group Holdings Ltd dropped 3.11 percent (14 cents) on The Bermuda Stock Exchange (BSX) yesterday.
The insurer traded 2,900 shares to close at $4.36.
KeyTech Ltd also fell 1.78 percent (10 cents) to $5.50 as 200 shares changed hands.
The Ascenda...
DATE: Dec 10, 2011
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CATEGORY:
Bermuda Stock Exchange
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Partisan politics aside, former Republican presidential candidate Herman Cain did something no spouse should ever do.
No, I’m not talking about the alleged 13-year extramarital affair with Ginger White. Cain has denied her claim.
But we do know that...
DATE: Dec 10, 2011
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CATEGORY:
Other
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LONDON (Bloomberg) Todd Kozel, the founder and chief executive officer of Bermuda-domiciled Gulf Keystone Petroleum Ltd, said he may have to pay a $6 million fine to US tax authorities because he didn’t declare overseas accounts and trusts.
The penal...
DATE: Dec 10, 2011
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CATEGORY:
International Business
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Bermuda’s financial institution watchdog has launched a new awareness campaign aimed to help consumers protect their money when banking and investing.
The Bermuda Monetary Authority, the Island’s independent financial services regulator, developed th...
DATE: Dec 09, 2011
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CATEGORY:
Other
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Bermuda market re/insurers tracked by AM Best made a slight combined net loss during the first three quarters of 2011, a special report by the ratings agency reveals.
Huge catastrophe losses drove the composite of 19 companies to a combined loss of a...
DATE: Dec 09, 2011
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CATEGORY:
Reinsurance
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Interest in bringing new business to the Bermuda re/insurance market is higher than it’s been in years.
That’s the view of Jonathan Reiss, partner and insurance sector leader at Ernst & Young (E&Y) in Bermuda, who said there is a feeling that a harde...
DATE: Dec 09, 2011
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CATEGORY:
Reinsurance
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