75993 results returned for search: "" category "Business"
Diane Gordon, executive vice-president of the Bermuda Chamber of Commerce has been designated with the Certified Chamber Executive (CCE) by the American Chamber of Commerce Executives (ACCE).
The CCE is the only national certification for chamber pro...
DATE: Jun 23, 2011
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CATEGORY:
Other
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NEW YORK (Reuters) - Insured severe weather losses have already topped $15.5 billion in the United States this year, three times the full-year average of the last 20 years, insurance brokerage Aon Corp said yesterday.
Almost all of that comes from th...
DATE: Jun 23, 2011
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CATEGORY:
Reinsurance
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The markets will offer an average return of 10 percent over the next couple of years, but volatility looks set to continue at relatively high levels in the future.
That is the view of Paul Larson, chief equities strategist and editor at Morningstar S...
DATE: Jun 23, 2011
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CATEGORY:
Personal Finance
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Bermuda can bolster its appeal as a tourism and business destination by focusing on the things it needs to do to become a “lovemark”.
That is the view of Kevin Roberts, worldwide chief executive officer of Saatchi & Saatchi, who was in Bermuda yester...
DATE: Jun 22, 2011
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CATEGORY:
International Business
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Butterfield Bank dropped 3.57 percent (five cents) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 30,900 shares to close at $1.35.
The Ascendant Group Ltd also saw 25 shares change hands, but its share price held firm at $14.89.
Overa...
DATE: Jun 22, 2011
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CATEGORY:
Bermuda Stock Exchange
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RenaissanceRe Holdings Ltd announced today that the 2011 RenaissanceRe Scholarship was awarded to Bermuda Institute student VaShon Williams. VaShon was selected from over one hundred applicants. He will be attending Oaklwood University in the autumn ...
DATE: Jun 22, 2011
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CATEGORY:
Reinsurance
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Alterra Capital Holdings Ltd., the Bermuda-based reinsurer, expects to lose $18 million to $28 million before taxes because of costs tied to tornadoes and other severe U.S. storms in April and May.
The prediction, which also cited recent flooding alo...
DATE: Jun 22, 2011
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CATEGORY:
Reinsurance
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AM Best Co has upgraded the issuer credit ratings (ICR) and senior debt ratings to “a” from “a-” for Ace Ltd and Ace INA Holdings Inc.
Concurrently, Best has upgraded the ICR to “aa” from “aa-” and affirmed the financial strength rating of A+ (superi...
DATE: Jun 22, 2011
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CATEGORY:
Reinsurance
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NEW YORK When Amazon.com’s ground-breaking Kindle e-book reader came out in 2007, it cost $399. Now, some e-readers, including the most recent Kindle entry, can be had for just north of $100.
At the price of five or so hardcover books, it’s close to ...
DATE: Jun 22, 2011
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CATEGORY:
Technology
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XL Group chief executive officer Mike McGavick is to relocate his family home from Bermuda to the US for family reasons.
And Greg Hendrick, another executive who has been based on the Island for several years, will also be moving to the US for simila...
DATE: Jun 22, 2011
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CATEGORY:
Reinsurance
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