76343 results returned for search: "" category "Business"
The Internal Revenue Service has made a significant change to the method by which capital gains and losses will be reported of 2011 US Federal individual income tax returns and has also introduced new Form 8938 which will be used to report Specific F...
DATE: Dec 06, 2011
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CATEGORY:
Other
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Tortoise and Hare. We all know the story about the tortoise and the hare. The hare starts fast but ends up having no staying power and burns out before the finish as all of his energy was exhausted in the early stages of the race. The tortoise, on th...
DATE: Dec 06, 2011
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CATEGORY:
Bermuda Works
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Charter boat captain Gavaska Lodge has lost the MV Longtail after being unable to cover the cost of fully repairing the 65-foot catamaran.
The Longtail came off its mooring last February in a severe winter storm. Its hull was damaged after it smashed...
DATE: Dec 06, 2011
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CATEGORY:
Local Business
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Validus Holdings Ltd has announced that Paschal Brooks has joined Validus Managers Ltd as an executive vice-president and the portfolio manager for the AlphaCat funds.
Formed in 2008, Validus Managers currently manages more than $400 million in inves...
DATE: Dec 06, 2011
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CATEGORY:
Reinsurance
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The unit is led by Jim Loder who believes that businesses operating in today’s fast-changing business environment are increasingly facing the kind of complex, one-off risks that XL’s CSI team has been set up to deal with.
In an interview with The Roy...
DATE: Dec 06, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank was the biggest mover on the Bermuda Stock Exchange (BSX) last week.
Some 163,650 shares in the Bank traded hands, closing down 3 cents for the week at $1.17.
In other movers, West Hamilton Holdings ended the week at $6 on a trading ...
DATE: Dec 05, 2011
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CATEGORY:
Bermuda Stock Exchange
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Haverford Bermuda Ltd says its original bid to buy a 25 percent stake in Bermuda-based insurer Omega Insurance Holdings has lapsed but it is still hopeful of resurrecting the deal within the next three weeks.
Omega, however, insists that it sees no r...
DATE: Dec 05, 2011
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CATEGORY:
Reinsurance
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Bermuda Realty Company has started a new business brokerage with entrepreneur Kumi Bradshaw.
Joint venture, Firm Advisory Limited, will assist in the valuation, and buying and selling of small to large locally owned businesses. It expects to have a p...
DATE: Dec 05, 2011
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CATEGORY:
Local Business
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Bermuda CableVision has filed for a judicial review after waiting for more than a year for permission from the Telecommunications Commission to launch a high-speed internet service.
The television provider has also requested a second judicial review ...
DATE: Dec 05, 2011
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CATEGORY:
Local Business
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The US Securities & Exchange Commission (SEC) has thanked the Bermuda Monetary Authority (BMA) for its role in helping to uncover an alleged multimillion dollar fraud by a New York hedge fund portfolio manager.
The SEC filed a complaint against Micha...
DATE: Dec 05, 2011
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CATEGORY:
Other
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