77159 results returned for search: "" category "Business"
Inflation fell to 2.5 percent for the month of August as the cost of healthcare and medicine continued to increase.
The Consumer Price Index released yesterday revealed that fuel (12.8 percent increase) and food (2.4 percent) were among the biggest d...
DATE: Oct 13, 2011
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CATEGORY:
Economy
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Montpelier Re Holdings Ltd expects to take a hit of $70 million from catastrophes in its third-quarter results.
That total comprises $30 million from US events including Hurricane Irene and the Texas wildfires, $20 million from US regional aggregate ...
DATE: Oct 13, 2011
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CATEGORY:
Reinsurance
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While most of the world’s major markets have been steadily declining over the past year, there has been one investment which has stood the test of these recessionary times.
Since 1993 the value of wine has increased 16-fold, easily surpassing its nea...
DATE: Oct 13, 2011
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CATEGORY:
Personal Finance
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Kentucky Fried Chicken (Bermuda) Ltd has delisted from the Bermuda Stock Exchange (BSX) with immediate effect, the company announced yesterday.
This follows the company’s announcement in August of its voluntary delisting.
Further to KFC Bermuda’s ann...
DATE: Oct 13, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s Labour Relations officers deal with hundreds of complaints each year about employers - mostly over termination and pay issues.
Last year they dealt with 365 complaints, compared to 304 in 2009 - and of course not all were found to be valid....
DATE: Oct 12, 2011
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CATEGORY:
Other
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Devonshire Industries Ltd’s profits plunged by two thirds during the year ended March 31, 2011 as the effects of the global recession, reduced spending and a decline in the construction industry all took hold.
The company, which owns Bermuda Paint, s...
DATE: Oct 12, 2011
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CATEGORY:
Local Business
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Bermuda-based reinsurer Platinum Underwriters Holdings yesterday said it expects to book $112.4 million in catastrophe losses in its third-quarter results.
Some of these losses relate to increases in its loss estimates for catastrophes that occurred ...
DATE: Oct 12, 2011
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CATEGORY:
Reinsurance
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Bermuda is becoming more technology savvy with more homes owning a computer and smartphone and more businesses having their own websites than ever before, according to Government’s latest report on the state of the ICT industry.
The 2010 report, whic...
DATE: Oct 12, 2011
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CATEGORY:
Other
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Endurance Specialty Holdings Ltd has announced that Rene Lamer will assume the role of senior vice-president and head of US property catastrophe treaty reinsurance.
Mr Lamer, a Bermudian, will continue to report to Stephen Young, executive vice-presi...
DATE: Oct 12, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank shares rose 3.05 percent on the Bermuda Stock Exchange yesterday.
The shares closed up 4 cents at $1.35, with 16, 277 changing hands.
Butterfield Bank’s Preference Shares closed down 0.40 percent, or $5 at $1,230 as three changed ha...
DATE: Oct 12, 2011
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CATEGORY:
Bermuda Stock Exchange
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