75991 results returned for search: "" category "Business"
US Representative Richard Neal looks set to be has been thwarted once again in his efforts to stop foreign insurance companies from moving premiums paid by their US customers offshore to places such as Bermuda after Congress left tax code changes out...
DATE: Jul 27, 2011
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CATEGORY:
Reinsurance
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Local real estate development company West Hamilton Holdings Ltd reported its half-year revenue rose more than nine percent - mostly on earnings from its parking lot at the old Bermuda Bakery site on Pitts Bay Road.
Operating income for the six month...
DATE: Jul 27, 2011
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CATEGORY:
Other
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The Bermuda Stock Exchange (BSX) was unchanged yesterday.
No shares traded hands as the BSX closed again at 1,233.18.
The BSX Insurance Index gained 1.33 percent, or 13.00 points to close at 990.
The Exchange has advised that it will be closed over C...
DATE: Jul 27, 2011
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CATEGORY:
Bermuda Stock Exchange
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RenaissanceRe Holdings Ltd has reported a $24.8 million profit in the second quarter - an 88-percent drop over the same period in 2010.
Net income was $210.2 million or $3.66 per share in the second quarter of last year.
The Bermuda reinsurer said it...
DATE: Jul 27, 2011
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CATEGORY:
Reinsurance
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Endurance Specialty Holdings Ltd reported a profit of $41.1 million or 87 cents per share for the second quarter of 2011, down from $58.6 million or 97 cents per share a year earlier.
But for the full six months ended June 30, the Bermuda-based re/in...
DATE: Jul 27, 2011
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CATEGORY:
Reinsurance
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PartnerRe Ltd expects to take a hit of $89 million in the second quarter from the tornado that struck the US in April and May.
The estimate includes the tornado losses during the last week of April that were already disclosed by the company.
In addit...
DATE: Jul 27, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank made a profit for the second consecutive quarter as it continues to bounce back from the turmoil of the past couple of years.
The bank reported net income of $11.8 million for the second quarter compared to $200,000 during the same p...
DATE: Jul 27, 2011
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CATEGORY:
Other
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NEW YORK (Bloomberg) - Ace Ltd has reported second quarter profit dropped 10 percent on losses tied to natural disasters.
Net income for the quarter ended June 30 fell to $607 million, or $1.77 a share, from $677 million, or $1.98, a year earlier, th...
DATE: Jul 27, 2011
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CATEGORY:
Reinsurance
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KeyTech Ltd has announced changes to its board of directors, which were approved at its Annual General Meeting on Friday.
Colin Williams retired as a director, having been with the board since 1997.
Meanwhile, Alison Hill and Michael Leverock have be...
DATE: Jul 26, 2011
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CATEGORY:
Other
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An essay on the issues facing Bermuda’s tourism industry and the challenges that needed to be addressed was enough to land Kenisha Pough a place at prestigious New York public relations firm Lou Hammond & Associates.
Having sent in her CV and the 1,0...
DATE: Jul 26, 2011
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CATEGORY:
Bermuda Works
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