76361 results returned for search: "" category "Business"
Everest Re Group Ltd has announced it expects to make net catastrophe losses of $80 million for the second quarter.
This estimate is based on an effective tax rate of 20 percent.
“Despite these losses, we expect to have an underwriting profit in the...
DATE: Jul 07, 2011
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CATEGORY:
Reinsurance
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Bermuda Aviation Services Ltd’s profits increased 4.5 percent to $2.5 million in the financial year 2011 after adjusting for an extraordinary gain of $3.1 million recorded in 2010 arising from a settlement with Government.
Under the terms of the sett...
DATE: Jul 07, 2011
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CATEGORY:
Other
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Alterra Capital Holdings Ltd said its New Point IV sidecar has closed with more than $200 million of capital commitments.
New Point IV was established to provide greater additional capacity to write property catastrophe collateralised retrocessional...
DATE: Jul 07, 2011
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CATEGORY:
Reinsurance
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XL Group plc yesterday announced that the 2011 XL Scholarship has been awarded to Saltus Grammar graduate Rowan Border.
The XL Scholarship is a four-year full scholarship open to Bermudians working towards a degree in insurance-related studies.
Eigh...
DATE: Jul 07, 2011
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CATEGORY:
Other
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The third annual Top 10 Employers That Stand Out in Bermuda 2011 survey results are in and local insurer BF&M has taken the top spot.
This year, The Bottom Line partnered with Mindmaps, one of Bermuda's leading quantitative research firms to take the...
DATE: Jul 07, 2011
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CATEGORY:
Bermuda Works
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Seasoned tech guru Marc Boden has joined emedia Bermuda as a web developer.
Mr Boden gained his foundation in technology with a degree in Audio Engineering, and has since developed an array of skills in the IT and web development field, including pro...
DATE: Jul 07, 2011
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CATEGORY:
Bermuda Works
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A Microsoft MSDN license and other prizes will be up for grabs at the Bermuda .NET Users Group next seminar scheduled for later this month.
The event, which will be held at the Argus Building at 14 Wesley Street on July 21 between 5.30pm and 8pm, wil...
DATE: Jul 07, 2011
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CATEGORY:
Other
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Bermuda-based Teekay Corporation has announced it has signed a memorandum of understanding (MOU) with A2SEA A/S to jointly develop an vessel design for the installation of offshore wind foundations.
A2SEA is a service provider to the offshore wind se...
DATE: Jul 07, 2011
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CATEGORY:
Other
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The rate of inflation hit 2.5 percent during the month of May, driven by the rising cost of health care and increases in the rental and food prices.
It was the second highest rate rise of the year on a par with March, up from 2.4 percent in April, bu...
DATE: Jul 07, 2011
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CATEGORY:
Economy
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The value of imports in the first three months of this year fell to their lowest level for a first quarter since 2003, data suggesting a shrinking economy.
The Quarterly Bulletin of Statistics for the first quarter of 2011, released by Government yes...
DATE: Jul 07, 2011
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CATEGORY:
Economy
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