76354 results returned for search: "" category "Business"
LOM suffered a loss of $1,220 during the first half of 2011 as its broking fees dropped by 6.5 percent to $1.76 million.
That compares to a loss of a loss of $357,286 in the first six months of 2010. The company’s assets under administration also dro...
DATE: Aug 18, 2011
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The Bermuda Stock Exchange (BSX) remained unchanged at 1,238.63 yesterday with 18,848 shares worth $214,401.20 traded.
The Ascendant Group Ltd saw 14,900 shares change hands, but its share price held firm at $14.
Butterfield Bank also transacted 3,94...
DATE: Aug 18, 2011
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Bermuda Stock Exchange
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Bermuda is at the centre of an investigation into the finances of Australian tycoons the Lowy family in a bid to uncover who was behind a Liechtenstein-based foundation that US authorities have alleged was used for tax evasion.
That is according to a...
DATE: Aug 18, 2011
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Everest Re Group Ltd’s re/insurance subsidiaries have been affirmed the financial strength rating of A+ (superior) and issuer credit ratings of “aa-” by AM Best Co. The outlook for all ratings is stable.
The ratings reflect Everest Re’s consistently ...
DATE: Aug 18, 2011
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CATEGORY:
Reinsurance
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Nabors Industries Ltd has announced that its wholly-owned subsidiary Nabors Industries Inc has priced $700 million in senior unsecured notes due in 2021, following the private placement offering it announced earlier yesterday.
The notes will bear int...
DATE: Aug 18, 2011
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It’s not just the Island’s large companies that should be worrying about backing up their data in the event of a disaster.
The HWP fire brought the issue to the forefront, but for many small and home-based businesses cost is a concern, especially in ...
DATE: Aug 17, 2011
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Other
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Kentucky Fried Chicken (Bermuda) Ltd (KFC) has confirmed its delisting and last day of trading on the Bermuda Stock Exchange (BSX).
Further to KFC’s announcement of its intention to delist on July 15, 2011, the BSX has advised that the delist date ha...
DATE: Aug 17, 2011
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Other
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Motorcycles without an approved marking identification system are twice as likely to be stolen, according to the latest Bermuda Police Service (BPS) figures.
These findings follow a campaign by the BPS to reduce motorcycle and scooter crime on the Is...
DATE: Aug 17, 2011
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Other
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Belco has maintained its ISO 14001 certification following an audit of its environmental management systems (EMS).
The electricity company was the first ISO 14001 certified organisation in Bermuda, and has committed to continually improve the perform...
DATE: Aug 17, 2011
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Other
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XL Insurance, the global insurance underwriting operations of XL Group plc, has announced six new appointments to its North America construction team.
“When we first established the Construction business unit just over a year ago, we anticipated that...
DATE: Aug 17, 2011
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CATEGORY:
Reinsurance
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