75989 results returned for search: "" category "Business"
Shares of Lloyd’s insurer Amlin plc yesterday plummeted after a profit warning partly driven by the need of its Bermuda unit to increase catastrophe reserves by £27 million ($44 million).
After Amlin issued a statement saying that results would like...
DATE: Aug 03, 2011
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CATEGORY:
Reinsurance
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The Fairmont Southampton has announced the promotion and appointment of two Bermudians within the systems management department.
Tony Steele has been promoted to the role of area systems manager and Jonathan Stowe has been appointed to the post of sy...
DATE: Aug 03, 2011
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CATEGORY:
Other
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Argus Group Holdings Ltd rose 17.64 percent (75 cents) on The Bermuda Stock Exchange (BSX) yesterday.
The insurer traded 957 shares to close at $5.
Butterfield Bank also saw 10,000 shares change hands, but its share price held firm at $1.60.
Overall ...
DATE: Aug 03, 2011
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CATEGORY:
Bermuda Works
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Alterra Capital Holdings Ltd profits slipped more than $70 million during the second quarter as major catastrophe events continued to take their toll in 2011.
The re/insurer posted a net income of $32.6 million, or 30 cents per share, for the second ...
DATE: Aug 03, 2011
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CATEGORY:
Reinsurance
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The Ace Building on Woodbourne Avenue has been awarded Leadership in Engineering and Environmental Design (LEED) Gold certification by the US Green Building Council (USGBC).
LEED is the USGBC’s internationally recognised green building certification...
DATE: Aug 02, 2011
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CATEGORY:
Reinsurance
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All of the Island’s Shell service stations are being rebranded as RUBiS.
The RUBiS Group purchased Shell’s assets in Bermuda in September 2006 and renamed the company RUBiS Energy Bermuda. At the time of the sale, RUBiS and Shell signed a trade mark...
DATE: Aug 02, 2011
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CATEGORY:
Other
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HSBC Bank Bermuda has not confirmed whether its workforce will be trimmed as part of the 30,000 global jobs cuts planned over the next three years by its parent company HSBC Holdings plc.
HSBC Holdings plc, which yesterday reported a three percent in...
DATE: Aug 02, 2011
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CATEGORY:
Other
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The listing committee of the Bermuda Stock Exchange (BSX) has announced the approved listing of the Queen Street III Capital Ltd’s principal at-risk variable notes due on July 28, 2014.
The listing constitutes a $150 million dollar issuance under the...
DATE: Aug 02, 2011
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CATEGORY:
Bermuda Stock Exchange
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Flagstone Reinsurance Holdings SA suffered a second-quarter net loss of $20.2 million during the three months to June 30, 2011 as record industry losses from the first quarter carried through and the US storms took their toll.
That compared to a prof...
DATE: Aug 02, 2011
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CATEGORY:
Reinsurance
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Age: 34
Role: Project manager, Solar Bermuda
What is your job? I design and install renewable energy solar systems for Bermuda properties.
What is your favourite part of the job? I get immense satisfaction when my installation is completed with ever...
DATE: Aug 02, 2011
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CATEGORY:
Bermuda Works
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