76354 results returned for search: "" category "Business"
Risk and insurance management service provider Kane, which has offices in Bermuda, has announced the formation of a new sponsored captive company in the State of Vermont as its expands its suite of segregated cell services.
Kane (Vermont) SCC Inc (Ka...
DATE: Aug 10, 2011
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CATEGORY:
Reinsurance
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Entrepreneur Georgina Symonds has expanded her home baking goods business by taking over the food concession at Southampton Rangers Sports Club.
Ms Symonds has reopened the take-out restaurant as Island Foods, and is operating it now from 6:30 am rig...
DATE: Aug 10, 2011
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CATEGORY:
Other
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NEW YORK (Bloomberg) Transatlantic Holdings Inc, the reinsurer that has received three takeover offers, will ask Warren Buffett’s Berkshire Hathaway Inc. to improve its $3.25 billion unsolicited bid to win the deal.
The offer from Berkshire’s Nationa...
DATE: Aug 10, 2011
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CATEGORY:
International Business
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Assured Guaranty Ltd posted a net loss of $57.7 million for the second quarter but saw its book value per share rise by 3.7 percent during the first half of the year.
The Bermuda-based bond insurer said operating earnings were $136.3 million, compare...
DATE: Aug 10, 2011
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CATEGORY:
Reinsurance
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Young Bermudians are benefiting from a new drive set up to help them get a head start in the construction industry.
Shaquille Lathan and McKario Burch both signed up to become the first participants in the Bermuda Small Contractors Association’s pilo...
DATE: Aug 10, 2011
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CATEGORY:
Other
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The Bermuda Stock Exchange (BSX) rose slightly yesterday to close at 1,246.25, up 0.21 percent.
A total of 38,441 Butterfield Bank shares traded, closing at $1.51, up a cent.
Bermuda Commercial bank shares also traded, with 200 shares changing hands...
DATE: Aug 10, 2011
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CATEGORY:
Bermuda Stock Exchange
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The debt crises in the US and Europe could make it harder for Bermuda to dig out of what Premier Paula Cox warned could prove to be “a long floor U-shaped” recession.
Economists said the Island could see fresh hits to tourism, international business ...
DATE: Aug 10, 2011
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CATEGORY:
Other
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It’s no secret Bermuda’s national debt has soared. But exactly how much is owed, and how concerned should we be in light of Standard and Poor’s (S&P) downgrade of America’s debt from AAA to AA+?
Economic experts say there is no imminent risk of defau...
DATE: Aug 10, 2011
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CATEGORY:
Other
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With the recent debt crises in the United States postponed for the next 18 months and no new taxes as a result of this legislation the question remains as to how the United States will pay off its debt without raising taxes.
Treasury Debt
The Treasu...
DATE: Aug 09, 2011
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CATEGORY:
Other
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Capital G Ltd has appointed experienced US-based equity investment management adviser, George E Thomas, Jr, to the company’s board of directors, effective immediately.
A Bermudian, Mr. Thomas is currently a partner at Scura Partners Securities, LLC, ...
DATE: Aug 09, 2011
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CATEGORY:
Other
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