75989 results returned for search: "" category "Business"
More than 100 budding young insurance professionals turned out to receive their newly-attained qualifications at the Bermuda Insurance Institute’s (BII) Insurance Education Awards Luncheon held at the Fairmont Hamilton Princess yesterday.
A total of ...
DATE: Sep 23, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank closed down 5.5 percent on the Bermuda Stock Exchange (BSX) yesterday.
A total of 100,000 of the Bank’s shares changed hands, closing at $1.37, down 8 cents.
It was the day’s only trade on the BSX.
The BSX overall closed down 3.15 pe...
DATE: Sep 23, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based Omega Insurance Holdings is now the subject of a three-war bidding war after Lloyd’s of London insurer Barbican yesterday announced a bid to buy nearly a quarter of the company.
Barbican’s 84p per share bid trumps that of Haverford (Ber...
DATE: Sep 23, 2011
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CATEGORY:
Economy
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By Jonathan Kent
Premier Paula Cox and joined former Premier Sir John Swan on a panel at a conference focusing on infrastructure in Miami yesterday.
The discussion marked the start of KPMG’s “Infrastructure Summit: An Island Perspective of a Global C...
DATE: Sep 23, 2011
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CATEGORY:
Economy
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Ace chairman and CEO Evan Greenberg has been named 2011 Insurance Leader of the Year by the St John’s University’s School of Risk Management (SRM).
The awards dinner will be held on January 18, 2012, at the Marriott Marquis in New York City. Proceeds...
DATE: Sep 23, 2011
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CATEGORY:
Reinsurance
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The drop off in international business is putting a cork in pricey wine sales.
The days of popping open $100 and even grossly expensive $1,000 bottles of wine over business lunches and dinners are over, according to restaurateurs and wine merchants.
...
DATE: Sep 23, 2011
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CATEGORY:
Local Business
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LONDON (Bloomberg) Lloyd’s of London, concerned European governments may be unable to support lenders in a worsening debt crisis, has pulled deposits in some peripheral economies as the European Central Bank (ECB) provided dollars to one euro-area in...
DATE: Sep 22, 2011
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CATEGORY:
Reinsurance
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Local company dividends were a bedrock of retirement income for thousands of Bermudian investors, but recently they’ve come under unprecedented pressure.
Both Butterfield Bank and Argus have frozen their dividends, while other BSX-listed companies ha...
DATE: Sep 22, 2011
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CATEGORY:
Local Business
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AM Best Co has affirmed the financial strength rating (FSR) of A (excellent) and issuer credit ratings (ICR) of “a” of the property/casualty subsidiaries of holding company XL Group plc led by XL Insurance (Bermuda) Ltd.
Concurrently, Best has affirm...
DATE: Sep 22, 2011
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CATEGORY:
Reinsurance
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Digicel revealed yesterday that it has acquired internet service provider Transact.
The deal will allow Digicel to expand the range of services it offers in Bermuda, a point emphasised by the company’s chief executive officer Wayne Caines, who said y...
DATE: Sep 22, 2011
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CATEGORY:
Other
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