75993 results returned for search: "" category "Business"
Bermuda-based fund services provider Butterfield Fulcrum has announced that it has established a presence on the west coast of the US to be led by Brian Young.
Based in the Pacific northwest, Mr Young, a director of business development, will be res...
DATE: Jun 16, 2011
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CATEGORY:
International Business
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Solvency II will nurture the conditions for “systemic risk” in the insurance industry, according to the chief executive officer of Bermuda-based re/insurer Hiscox.
Speaking at the Insurance Day Summit yesterday, Bronek Masojada questioned the industr...
DATE: Jun 16, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank shares hit the $1.40 mark yesterday to help drive the Royal Gazette / Bermuda Stock Exchange Index higher.
The bank closed two cents up on the trading of 35,900 shares and has climbed 12 percent this year to date.
Insurer BF&M Ltd al...
DATE: Jun 15, 2011
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CATEGORY:
Bermuda Stock Exchange
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NEW YORK (AP) Apple is selling “unlocked” iPhones in the US for the first time, allowing owners to switch carriers to a limited extent.
The unlocked iPhone 4s were listed yesterday on Apple Inc.’s website for $649 and $749. They’re identical to the v...
DATE: Jun 15, 2011
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CATEGORY:
Technology
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The Neal bill is a threat to Bermuda’s insurance market but the market has the strength and adaptability to flourish even if US lawmakers ever pass it.
That was the consensus among panellists at the Insurance Day Summit yesterday, who were discussing...
DATE: Jun 15, 2011
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CATEGORY:
Reinsurance
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Politics is about the only hurdle standing in the way of Bermuda achieving Solvency II equivalence, believes Charles Dupplin, CEO of Hiscox Bermuda.
Speaking at the Insurance Day Summit held at the Fairmont Hamilton Princess yesterday, Mr Dupplin sai...
DATE: Jun 15, 2011
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CATEGORY:
Reinsurance
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The golden age of the insurance industry is yet to happen, according to Willis Group Holdings chairman and CEO Joe Plumeri.
Mr Plumeri, who was the keynote speaker on the first day of the Insurance Day Summit held at the Fairmont Hamilton Princess ye...
DATE: Jun 15, 2011
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CATEGORY:
Reinsurance
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NEW YORK (Reuters) Facebook is preparing to file for an initial public offering as early as October or November that could value the popular social networking site at more than $100 billion, financial news channel CNBC reported on Monday.
Goldman Sac...
DATE: Jun 15, 2011
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CATEGORY:
Technology
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NEW YORK (Reuters) - Monday’s earthquake in Christchurch, New Zealand, likely caused an additional $3 billion to $5 billion in insured losses on top of the damage from two previous quakes, catastrophe modeling company Eqecat said yesterday.
The quake...
DATE: Jun 15, 2011
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CATEGORY:
Reinsurance
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Allied World Assurance Company will conduct a review of its operations in Bermuda as it goes through the process of merging with Transatlantic Holdings, one of its top executives told The Royal Gazette yesterday.
The “merger of equals” agreement be...
DATE: Jun 15, 2011
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CATEGORY:
Reinsurance
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