75993 results returned for search: "" category "Business"
The ocean-front site of the former Sonesta Hotel in Southampton is up for sale.
Jones Lang LaSalle, along with Rego Sotheby’s International Realty, announced they have been selected as exclusive agents to market the development site.
The spectacular ...
DATE: May 11, 2011
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CATEGORY:
Economy
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NEW YORK (Bloomberg) Bermuda-domiciled Kosmos Energy Ltd, the oil and gas exploration and production company owned by Warburg Pincus LLC and Blackstone Group LP, was seeking to raise as much as $540 million yesterday in an initial public offering aft...
DATE: May 11, 2011
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CATEGORY:
International Business
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The Azure Medical Spa & Wellness Centre has announced the appointment of Donna Karaz, a certified laser therapist, to its team.
Ms Karaz recently begun working in Bermuda alongside Sasha Benson (Azure’s resident licensed medical aesthetician and cert...
DATE: May 11, 2011
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CATEGORY:
Other
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Bermuda-based re/insurer Hiscox Ltd said first-quarter sales fell eight percent in a “tough” market but the company expects to see double-digit rate rises for US catastrophe business.
Gross written premiums declined to £453.5 million ($743.4 million)...
DATE: May 10, 2011
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CATEGORY:
Reinsurance
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Bermuda-based bond insurer Assured Guaranty last night announced first-quarter net income of $125.4 million down 61 percent from the same period a year earlier.
The decrease was mainly due to unrealised losses on credit derivatives, an item that does...
DATE: May 10, 2011
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CATEGORY:
Reinsurance
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LONDON (Bloomberg) Geoffrey Pearson, the former chief executive officer of a Bermuda-based investment company at the centre of a fraud scandal, made false statements to induce investors to buy worthless shares, a London jury was told.
Pearson, 63, ha...
DATE: May 10, 2011
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CATEGORY:
International Business
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The Royal Gazette/ Bermuda Stock Exchange Index remained unchanged on 1,185.47 in light trading yesterday.
The most actively traded stock among domestic-board companies was Bermuda Press (Holdings) Ltd, the owner of this newspaper, which remained on ...
DATE: May 10, 2011
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CATEGORY:
Bermuda Stock Exchange
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Almost half of British employers have invested in remedial training for school and college leavers because they are so dissatisfied with their basic skill levels.
That was one of the revelations from the the CBI / EDI annual Education & Skills surve...
DATE: May 10, 2011
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CATEGORY:
Bermuda Works
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NEW YORK (Reuters) - The trustee seeking money on behalf of Bernard Madoff’s victims announced yesterday a $1 billion settlement with liquidators for three large “feeder funds,” boosting payouts to the swindler’s former customers.
Irving Picard said ...
DATE: May 10, 2011
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CATEGORY:
International Business
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Bermuda-based re/insurer Alterra Capital Holdings Ltd is planning to apply for a licence to incorporate a local reinsurance company in Brazil.
In a statement released yesterday, Alterra chief executive officer Marston (Marty) Becker said: “It has be...
DATE: May 10, 2011
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CATEGORY:
Reinsurance
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