76354 results returned for search: "" category "Business"
Montpelier Re Holdings Ltd’s enterprise risk management (ERM) rating has been upgraded to “strong” by ratings agency Standard & Poor’s.
The Bermuda reinsurer’s A- financial strength and counterparty credit ratings were also affirmed.
In raising the c...
DATE: Aug 30, 2011
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CATEGORY:
Reinsurance
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The Bermuda Hotel Association and Bermuda Alliance for Tourism has hired Erin Smith as its new manager of sales, marketing and research.
Ms Smith said she hoped to play a key role in helping to revitalise tourism.
“We need to create a solid identity ...
DATE: Aug 30, 2011
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CATEGORY:
Other
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Orbis has launched a unique contest with the hope of inspiring more Bermudians to pursue careers in the field of information technology.
Global head of Orbis retail group Alvin Mok emphasised the importance of technology for the firm, saying that in ...
DATE: Aug 30, 2011
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CATEGORY:
Technology
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Share prices of Bermuda market re/insurers surged yesterday, as estimates of insured losses from Hurricane Irene fell to about $2.6 billion.
However, an industry analyst believe that the losses will not be sufficiently large to spark a meaningful inc...
DATE: Aug 30, 2011
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
When I was in Toronto recently I was fortunate to hear John Warrillow speak. I hadn't heard of him before and so I was a little sceptical at first. However once I learned that he now lives in Aix-en-Provence while training for the Ironman Triathlon a...
DATE: Aug 30, 2011
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CATEGORY:
Bermuda Works
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Liquidators of two Bermuda-incorporated funds should have their proceedings recognised as a foreign action in order to investigate the funds’ financial affairs and to distribute recovered property to the creditors, a judge has concluded.
Bankruptcy J...
DATE: Aug 30, 2011
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CATEGORY:
International Business
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His father used to tell him, “Show them better than you can tell them.”
And that’s just what Daren Bascome went on to do.
Proclaimed “one of the most sought-after designers in Boston”, Mr Bascome is the founder of the global brand-building, marketin...
DATE: Aug 29, 2011
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CATEGORY:
Other
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KeyTech Ltd was the only mover during a quiet week on The Bermuda Stock Exchange (BSX).
The telecoms company traded 106 shares as it fell 2.7 percent (15 cents) to $5.45.
Other traders included Butterfield Bank (171,300 common shares and 60 preferenc...
DATE: Aug 29, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based Ship Finance International Ltd posted a profit of $41.5 million or 52 cents per share during the second quarter.
That included an accrued profit share of $200,000 over that period compared to $2.3 million in the first quarter of this ye...
DATE: Aug 29, 2011
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CATEGORY:
International Business
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LONDON (Bloomberg) Frontline Ltd, the world’s biggest operator of supertankers, reported a worse-than-expected second quarter loss and said the “weak trend” would persist, while the time for acquisitions “has moved closer.”
“The situation has, of cou...
DATE: Aug 29, 2011
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CATEGORY:
International Business
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