75988 results returned for search: "" category "Business"
Bermuda is to blame for the current state of the economy and now the Island has pull itself out of the mess, according to former Premier Sir John Swan.
Sir John, who was being inducted into the Bermuda Employers’ Council (BEC) Bermuda Business Hall o...
DATE: Oct 27, 2011
|
CATEGORY:
Other
|
Everest Re Group Ltd’s profits dropped by almost two-thirds during the third quarter of 2011 after being hit by $119 million in catastrophe losses.
The re/insurer posted a net income $63.1 million or $1.16 per share compared to $174.2 million or $3.1...
DATE: Oct 27, 2011
|
CATEGORY:
Reinsurance
|
European insurance watchdog EIOPA has said Bermuda’s regulatory regime for big insurers mostly complies with its own strict Solvency II rules.
“EIOPA’s advice is that Bermuda meets the criteria set out in EIOPA’s methodology for equivalent assessment...
DATE: Oct 27, 2011
|
CATEGORY:
Reinsurance
|
Bermuda CableVision yesterday announced plans to expand its pay-per-view offering to customers with the introduction of several new digital television services.
The new, advanced services will enable customers to gain instant access to a range of pai...
DATE: Oct 27, 2011
|
CATEGORY:
Other
|
One Buttferield Bank preference share traded on The Bermuda Stock Exchange (BSX) yesterday.
The bank’s share price fell $5 (0.4 percent) to 1,230.
Overall the Index saw 964 shares worth US$9,184.97 change hands but it remained unchanged at 1,230.
The...
DATE: Oct 27, 2011
|
CATEGORY:
Bermuda Stock Exchange
|
Digicel yesterday insisted its new long distance service was lawful and said it planned to continue offering it despite doubts cast by Government and other Telecoms providers.
CEO of Digicel Bermuda Wayne Caines also pointed out the new long distance...
DATE: Oct 26, 2011
|
CATEGORY:
Other
|
Bermuda re/insurer Arch Capital Group Ltd profits rose nearly 15 percent in the third quarter over last year despite recording almost $60 million in catastrophe losses.
Arch reported net income of $162.5 million, or $1.19 per share, compared to $141...
DATE: Oct 26, 2011
|
CATEGORY:
Reinsurance
|
Fund services provider Butterfield Fulcrum has announced the launch of a new service which provides clients with an institutional grade front and middle-office platform.
The company has extended its existing technology platform to include integrated ...
DATE: Oct 26, 2011
|
CATEGORY:
International Business
|
Allied World Assurance Company Ltd and ist operating affiliates have had their outlook revised to positive from stable and have been affirmed the issuer credit ratings (ICR) of “a” by AM Best Co.
Best has also affirmed the financial strength rating (...
DATE: Oct 26, 2011
|
CATEGORY:
Reinsurance
|
Bermuda-based independent fund administrator Opus Fund Services has announced the acquisition of the hedge fund administration unit of San Francisco-based Agile Hedge Solutions LLC.
Agile Hedge Solutions provides administration services to a portfoli...
DATE: Oct 26, 2011
|
CATEGORY:
International Business
|
