75989 results returned for search: "" category "Business"
The Bermuda Monetary Authority (BMA) has announced that almost 30 percent more insurance companies were registered on the Island this year to date than in 2010.
Thirty-one insurers have been set up in Bermuda up until July 31, compared to a total of ...
DATE: Aug 23, 2011
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Other
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In the first of a new series this week featuring Bermudians who have made a name for themselves overseas in their chosen industries, Marina Mello speaks to Tim Terceira, general manager of the Ritz-Carlton in Toronto
Bold leadership and a trusted p...
DATE: Aug 22, 2011
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Other
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Montpelier Re has agreed to buy the renewal rights of fellow Bermuda re/insurer Torus’s property catastrophe reinsurance book of business.
Terms were not disclosed, but under the agreement, Torus will provide sidecar capacity to Montpelier from the s...
DATE: Aug 22, 2011
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CATEGORY:
Reinsurance
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Shareholders of Lancashire Holdings Ltd have overwhelmingly backed a change that would allow the Bermuda-based company to hold its board meetings in the UK.
The change to the company’s by-laws, approved by 99.68 percent of the shareholder votes cast,...
DATE: Aug 22, 2011
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CATEGORY:
Reinsurance
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Gold Standard Bermuda has marked reaching the milestone of $1 million in gold purchases with a $500-a-day giveaway.
The giveaway is open to all customers who cash in on a minimum of $200 in gold items with draws taking place daily at the store in 61 ...
DATE: Aug 22, 2011
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Other
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Butterfield Bank dropped 6.25 percent (10 cents) on The Bermuda Stock Exchange (BSX) last week.
The bank traded 236,164 shares to close at $1.50.
It also saw 15 preference shares change hands, but its share value held firm at $250.
BF&M Ltd meanwhile...
DATE: Aug 22, 2011
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CATEGORY:
Bermuda Stock Exchange
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NEW YORK (Reuters) - Wall Street ended a fourth week of losses on a down note yesterday as most buyers left the market before the weekend on growing fears of another US recession and destabilisation in Europe’s financial system.
Investors already ree...
DATE: Aug 20, 2011
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CATEGORY:
Personal Finance
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MILAN (AP) Global stocks fell again yesterday as fears of a possible US recession combined with ongoing worries over Europe’s debt crisis, which is stoking acute fears over the continent’s banking sector.
However, smaller than anticipated losses on W...
DATE: Aug 20, 2011
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CATEGORY:
Personal Finance
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TORONTO - Toronto’s main stock market index gave up early gains in another day of volatile trading yesterday, after a three percent drop the previous day, as investors fretted about whether the global economy is headed for another recession.
The S&P...
DATE: Aug 20, 2011
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CATEGORY:
Personal Finance
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The Royal Gazette / Bermuda Stock Exchange (BSX) Index remained unchanged yesterday, as only Butterfield Bank shares traded.
Butterfield’s common shares closed the week on $1.55 as 62,700 shares changed hands.
And 15 of the bank’s preference shares w...
DATE: Aug 20, 2011
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CATEGORY:
Bermuda Stock Exchange
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