75988 results returned for search: "" category "Business"
Argo Group International Holdings Ltd made a net loss of $12.1 million for the third quarter of 2011 as natural catastrophes took their toll on the company’s bottom line.
That compared to a net income of $23 million during the same period last year. ...
DATE: Nov 05, 2011
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CATEGORY:
Reinsurance
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Ernst & Young has received the award for Best Audit Services at Hedge Fund Manager Week’s US Service Provider Awards.
The ‘Big Four’ accountancy firm topped other finalists in the Best Audit Services category, including Deloitte, KPMG and Pricewater...
DATE: Nov 04, 2011
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CATEGORY:
International Business
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Bermuda-based reinsurer Q Re is set to close after billionaire backer George Soros unexpectedly pulled his funds.
The decision to close was taken on Wednesday, according to a report in London-based Trading Risk.
Q Re was founded last year by two for...
DATE: Nov 04, 2011
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CATEGORY:
Reinsurance
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Life insurance policyholders of the folded British American Insurance Company (BAICO) can expect to receive some money before the end of this year.
Stephen Lowe, the Official Receiver, said that discussions were ongoing over the sale of 133 Front Str...
DATE: Nov 04, 2011
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CATEGORY:
Other
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By Marina Mello
Internet speeds are being boosted in Bermuda and subscribers won’t have to pay extra money for the faster service.
Telecoms providers yesterday confirmed they planned to offer customers free upgrades from six megabits per second to 8M...
DATE: Nov 04, 2011
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CATEGORY:
Other
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Hiscox Bermuda’s new reinsurance underwriting director believes the Island is well capable of holding off rival jurisdictions looking to take its mantle as the world leader in the industry.
Damien Smith was yesterday named underwriting director - exe...
DATE: Nov 04, 2011
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CATEGORY:
Reinsurance
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Flagstone Re swung to a third-quarter loss of $59.5 million in what CEO David Brown called “the worst year on record for industry losses resulting from catastrophes”.
The Luxembourg-based company, which set up in Bermuda six years ago in the wake of ...
DATE: Nov 04, 2011
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CATEGORY:
Reinsurance
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Allied World Assurance Company Holdings AG made a net loss of $11 million during the third quarter of 2011 after its trading investment portfolio took a hit from declines in the market.
The Swiss-based company had previously reported net income of $2...
DATE: Nov 04, 2011
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CATEGORY:
Reinsurance
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Can’t sell your home? You might want to consider home staging, a trend that has really caught on in the US and is being offered here now by interior designer Patrina Carey.
With so many homes on the market in Bermuda, Ms Carey said staging is almost ...
DATE: Nov 04, 2011
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CATEGORY:
Local Business
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KeyTech Ltd rose 4.6 percent (24 cents) to $5.50 on The Bermuda Stock Exchange (BSX) yesterday.
The telecoms provider traded 6,890 shares during the day.
Overall the Index climbed 2.97 points (0.27 percent) to 1,121.78 with 6,890 shares worth BD$37,8...
DATE: Nov 04, 2011
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CATEGORY:
Bermuda Stock Exchange
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