75989 results returned for search: "" category "Business"
The earthquake that struck Virginia and shook the eastern of the US on Tuesday caused less than $100 million in insured losses, catastrophe modelling company Eqecat said yesterday.
Meanwhile insured loss forecasts for Hurricane Irene fell dramaticall...
DATE: Aug 25, 2011
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CATEGORY:
Reinsurance
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Bermuda-based life reinsurer Scottish Re Group Ltd yesterday announced the completion of its merger with a newly formed subsidiary of its controlling shareholders.
SRGL Acquisition, LDC an affiliate of private-equity group Cerberus Capital Management...
DATE: Aug 25, 2011
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CATEGORY:
Reinsurance
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One-hundred more Butterfield Bank shares traded hands yesterday, but the price again remained unchanged at $1.50.
No other shares traded on the Bermuda Stock Exchange, which closed unchanged at 1,231.7.
The Bermuda Insurance Index closed up 17, or 1....
DATE: Aug 24, 2011
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CATEGORY:
Bermuda Stock Exchange
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C-Travel will be targeting the younger market catering to the budget and luxury travellers alike, having seen a decline in the corporate side of the business.
That is according to Carl Paiva, CEO of C-Travel, who said that cruise and tour sales had h...
DATE: Aug 24, 2011
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CATEGORY:
Other
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DHL Express will be aiming to boost business as it expands its offering and focuses more on its inbound delivery service, with the company poised to move into its new premises in the centre of Hamilton next month.
The company is relocating from Bermu...
DATE: Aug 24, 2011
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CATEGORY:
Other
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Validus Holdings Ltd has announced that it has filed a definitive proxy statement with the Securities and Exchange Commission (SEC) opposing the proposed takeover of Transatlantic Holdings Inc by Allied World Assurance Company Holdings AG.
Validus al...
DATE: Aug 24, 2011
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CATEGORY:
Reinsurance
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Bermuda reinsurers are closely watching Hurricane Irene as it makes its way towards the US East Coast with industry analysts predicting the powerful storm could be a trigger for rises in rates and share prices.
If Irene becomes the first hurricane to...
DATE: Aug 24, 2011
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CATEGORY:
Reinsurance
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CellOne has announced it has entered into an exclusive agreement with Toronto-based Little Services Gateway Inc to introduce and market its line of Logistrics mobile fleet solutions products in Bermuda.
The solutions include vehicle tracking, schedul...
DATE: Aug 24, 2011
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CATEGORY:
Technology
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Lancashire Holdings president Neil McConachie has spent more than more than £230,000 (around $380,000) buying shares of his own company.
Mr McConachie’s purchase of 37,500 shares at an a price of £6.24 per share brings his holding in the FTSE-250 li...
DATE: Aug 24, 2011
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CATEGORY:
Reinsurance
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The Bermuda Chamber of Commerce Business Technology Division has announce it will be hosting the 2011 Techweek Tradeshow in October.
The Technology Division, which champions innovation in technology and stimulates interest in and the adoption of adva...
DATE: Aug 24, 2011
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CATEGORY:
Technology
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