75991 results returned for search: "" category "Business"
Bermuda-based Arch Capital Group Ltd’s profits more than halved during the second quarter reports as the insurer took a $95 million hit from catastrophes, including the US storms and the New Zealand earthquake.
Arch posted net income of $237 million ...
DATE: Jul 26, 2011
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CATEGORY:
Reinsurance
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Bermuda-based Platinum Underwriters has confirmed it has stopped writing reinsurance in Australia and New Zealand.
Speaking at an analysts briefing last week, Platinum CEO Michael Price said the company has not renewed covers from July 1, but it does...
DATE: Jul 26, 2011
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CATEGORY:
Reinsurance
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Successfully transferring a business from buyer to seller can be a delicate balancing act. Whether you are already in the midst of negotiations or anticipate being involved in the an upcoming business transfer, you can increase your chances of succes...
DATE: Jul 26, 2011
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CATEGORY:
Bermuda Works
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The Bermuda Stock Exchange (BSX) closed up 2.46 percent at 1,233.18 yesterday.
Shares in KeyTech Ltd rose 8.17 percent (47 cents) to close at $6.22. Changing hands were 16,700 shares.
Butterfield Bank rose 3.44 percent (five cents) to close at $1.50,...
DATE: Jul 26, 2011
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CATEGORY:
Bermuda Stock Exchange
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Age: 28
Role: Graphic Designer, emedia Bermuda
What is your job? I am a graphic designer at emedia. I work with the emedia team to concept all visual material for our client’s marketing and branding endeavors. I then bring them to life using whatever...
DATE: Jul 26, 2011
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CATEGORY:
Bermuda Works
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NEW YORK (Bloomberg) - Validus Holdings Ltd. said it will begin trading its stock for Transatlantic Holdings Inc shares at the original offer price, shunning a request from the target company’s board for a higher bid.
The directors last week asked Va...
DATE: Jul 26, 2011
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CATEGORY:
International Business
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Lili Bermuda has announced the launch of Alegria, its newest women’s fragrance, and one that took more than three years to craft.
“Alegria means ‘Joy’ in Portuguese and is my personal toast to Bermuda,” said Isabelle Ramsay-Brackstone, perfumer for T...
DATE: Jul 26, 2011
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CATEGORY:
Local Business
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The private banking needs of US citizens living overseas are not better served from the mainland, according to a Bermuda-based cross-border financial management firm.
This follows last week’s announcement by HSBC Private Bank that it would stop offer...
DATE: Jul 26, 2011
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CATEGORY:
Other
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More than 250 students took part in this year’s Annual College Student Networking Event (CSNE) hosted by Business Bermuda at the Fairmont Hamilton Princess hotel last week.
The event, which is in its 13th year, was declared the most successful to dat...
DATE: Jul 25, 2011
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CATEGORY:
Other
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XL Group Ltd has announced remarketing plans for 8.25 percent senior notes due 2012.
The company said that its wholly-owned subsidiary, XL Company Switzerland GmbH, has entered into a remarketing agreement relating to the remarketing of XL Group Ltd’...
DATE: Jul 25, 2011
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CATEGORY:
Reinsurance
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