75993 results returned for search: "" category "Business"
The rising cost of doing business in Bermuda is the number one concern among small business owners and entrepreneurs, according to a survey conducted by The Royal Gazette.
The study, which was facilitated by the Bermuda Small Business Development Cor...
DATE: Apr 19, 2011
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CATEGORY:
Other
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The total expected losses from first quarter catastrophes for Bermuda re/insurers has exceeded $5 billion following the latest set of estimates released by three companies yesterday.
Axis Capital Holdings Ltd has estimated a $285 million loss from th...
DATE: Apr 19, 2011
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CATEGORY:
Reinsurance
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LISBON (Reuters) - A crucial new phase of Portugal’s bailout negotiations began under a cloud yesterday after an anti-euro party in Finland that has vowed to derail the pending rescue scored strong gains in an election.
Portuguese debt premiums rose ...
DATE: Apr 19, 2011
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CATEGORY:
Economy
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Mark Simons
Age: 45
Role: Insurance broker, Bowring Marsh
What is your job? I’m an insurance Broker with Bowring Marsh. My role is split between handling various client accounts requiring insurance capacity from within the Bermuda market and overse...
DATE: Apr 19, 2011
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CATEGORY:
Bermuda Works
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Four new insurance companies incorporated in March, according to the latest update from the Bermuda Monetary Authority.
There were two class three companies established, Sterling Reinsurance Bermuda Ltd and JC Re Ltd, both under the management of Mar...
DATE: Apr 18, 2011
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CATEGORY:
Reinsurance
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Scottish Re Group Ltd’s profits fell by more than $2 billion during 2010 due primarily to $242.2 million of net realised and unrealised gains on its invested assets.
The re/insurer posted net income of $239.1 million or $1.09 per share for the year e...
DATE: Apr 18, 2011
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CATEGORY:
Reinsurance
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Bermuda beverage dealer Gosling’s received a massive publicity boost with an appearance in Fortune magazine.
The article, which features an interview with Malcolm Gosling, features details about the company’s history and its efforts to crack the US m...
DATE: Apr 18, 2011
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CATEGORY:
Local Business
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Watlington Waterworks dropped 17.6 percent ($2.45) on The Bermuda Stock Exchange (BSX) last week.
The utilities company traded 1,000 shares during the day.
Also in utilities KeyTech Ltd rose 5.8 percent (35 cents) to $6.35 with 13,815 shares changing...
DATE: Apr 18, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based bond insurer Assured Guaranty Ltd saw its shares rocket more than 24 percent on Friday after it secured a $1.1 billion payout from Bank of America to settle a claim over faulty mortgages.
The deal ends drawn-out negotiations that starte...
DATE: Apr 18, 2011
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CATEGORY:
Reinsurance
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Stressed out business people can now get treatment for almost any condition thanks to a new holistic health centre which has opened in the centre of town.
Sankofa, The Wellness Centre, which means return, go and look or seek, opened its doors at 1 Ch...
DATE: Apr 18, 2011
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CATEGORY:
Other
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