75993 results returned for search: "" category "Business"
Bermuda-based Alterra Capital Holdings Ltd has announced the formation of New Point IV, a sidecar vehicle established to create additional capacity for the property catastrophe collateralised reinsurance market.
New Point IV has been sponsored by Alt...
DATE: Apr 07, 2011
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CATEGORY:
Reinsurance
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Business owners and sales professionals will get an insight into how to achieve more in the next 12 months than they did the past 12 years from Special Forces veteran and martial artist Terry Bryan.
Mr Bryan, founder of the Streetwise Success Systems...
DATE: Apr 07, 2011
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CATEGORY:
Other
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Montpelier Re Holdings Ltd has announced a preliminary loss estimate of $126 million from the March 2011 earthquake and tsunami in the Tohoku region of Japan.
Montpelier also assumes a $25 billion industry loss.
DATE: Apr 07, 2011
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CATEGORY:
Reinsurance
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BF&M Ltd fell 3.33 percent (50 cents) on The Bermuda Stock Exchange (BSX) yesterday.
The insurer traded 3,000 shares to close at $14.50.
Butterfield Bank’s preference shares also dropped 2.8 percent ($35) to $1,215 as 100 shares changed hands.
The ba...
DATE: Apr 06, 2011
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CATEGORY:
Bermuda Stock Exchange
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Life insurance policyholders of the defunct Bermuda branch of the British American Insurance Company will get back a maximum of 50 cents on the dollar of the value of their policies, the liquidator’s agents have revealed.
The level of payouts depends...
DATE: Apr 06, 2011
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CATEGORY:
Other
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Kentucky Fried Chicken (Bermuda) Ltd’s (KFC) profits dropped 28 percent during the fiscal year 2011 as the economic downturn continued to take its toll on business.
In his letter to shareholders, chairman Donald Lines said that sales also fell to the...
DATE: Apr 06, 2011
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CATEGORY:
Local Business
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LONDON (AP) - British Airways plc (BA) is increasing its fuel surcharge on long-haul flights for the second time this year because of recent oil price rises.
BA said Friday that it will raise the fee by 10 pounds (around $16) per flight from Friday.
...
DATE: Apr 06, 2011
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CATEGORY:
Other
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The Bermuda Telephone Company (BTC) has released seven more employees as part of its continued shift in strategy, coming on top of the 25 staff the company made redundant last year, The Royal Gazette can reveal.
A BTC spokeswoman said yesterday that ...
DATE: Apr 05, 2011
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CATEGORY:
Economy
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Argus Group Holdings Ltd rose 3.75 percent (18 cents) to $4.98 on The Bermuda Stock Exchange (BSX) yesterday.
The insurer traded 200 shares during the day.
Butterfield Bank also saw 1,500 shares change hands as it climbed 3.17 percent (four cents) to...
DATE: Apr 05, 2011
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CATEGORY:
Bermuda Stock Exchange
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C-Travel has been the subject of takeover interest from three large travel operators, according to CEO Carl Paiva.
Mr Paiva said that the companies had each expressed an interest in buying his firm but nothing had been confirmed as yet.
He said that ...
DATE: Apr 05, 2011
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CATEGORY:
Economy
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