75993 results returned for search: "" category "Business"
The Bermuda Insurance Institute will be holding the 13th Annual Awards Dinner at the Fairmont Hamilton Princess next month.
The event, which takes place on Saturday May 21, will honour recipients of the Lifetime Achievement Award, Industry Leader of ...
DATE: Apr 15, 2011
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CATEGORY:
Other
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The utilities sector proved to be the busiest yesterday on The Bermuda Stock Exchange (BSX), with all three listed companies trading more than 11,000 shares collectively.
The Ascendant Group Ltd saw 9,214 change hands but its share price held firm at...
DATE: Apr 15, 2011
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CATEGORY:
Bermuda Stock Exchange
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Major commercial re/insurers in the Bermuda market have already declared catastrophe losses of up to $4.6 billion for the first quarter of 2011.
And with hundreds of millions of dollars more in losses related to last month’s Japan earthquake and tsun...
DATE: Apr 15, 2011
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CATEGORY:
Reinsurance
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Bermuda-based Seadrill has entered into an agreement to sell the newly-built jack-up drilling rig West Juno to an undisclosed buyer incorporated in UK for $248.5 million.
Seadrill expects to record a gain on the sale of approximately $18 million on ...
DATE: Apr 14, 2011
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CATEGORY:
International Business
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The Ascendant Group Ltd fell 3.44 percent (50 cents) to $14 on The Bermuda Stock Exchange (BSX) yesterday.
The energy provider traded 6,000 shares during the day.
Butterfield Bank also saw 20,000 shares change hands as its share price rose 0.77 perce...
DATE: Apr 14, 2011
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CATEGORY:
Bermuda Stock Exchange
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Business Bermuda continued its Asian tour at the Shorex Wealth Management Forum held in Singapore this week.
The forum, which address the growing need of the Asian market for private banking, asset management and international tax planning solutions ...
DATE: Apr 14, 2011
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CATEGORY:
International Business
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WASHINGTON (Bloomberg) Insurance companies are fighting the legacy of American International Group Inc as they seek to avoid being branded systemically risky and the extra supervision that comes with that designation.
Lobbyists representing Prudentia...
DATE: Apr 14, 2011
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CATEGORY:
Reinsurance
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Spanish fashion brand Mango has opened an outlet in Bermuda, inside the Gibbons Company department store.
The fast-growing chain opened more than one store per day around the world last year, seven in Spain and 373 elsewhere and recorded sales (exclu...
DATE: Apr 14, 2011
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CATEGORY:
Local Business
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BF&M Ltd rose 3.44 percent (50 cents) on The Bermuda Stock Exchange (BSX) yesterday.
The insurer traded 3,300 shares to close at $15.
Butterfield Bank also saw 22,900 shares change hands, but its share price remained unchanged at $1.29.
The Index, as...
DATE: Apr 13, 2011
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CATEGORY:
Bermuda Stock Exchange
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Everest Re Group Ltd last night announced it expects to take a $320 million hit from last month’s earthquake and tsunami in Japan.
Fellow Bermuda re/insurer Aspen Insurance Holdings Ltd also declared an estimated loss of $160 million from the event, ...
DATE: Apr 13, 2011
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CATEGORY:
Reinsurance
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