76365 results returned for search: "" category "Business"
CatCo Reinsurance Opportunities Fund Ltd has raised gross proceeds of $124.4 million in a share sale, continuing the trend of Bermuda re/insurers boosting capacity to write more business as rates climb.
The fund, whose shares trade on London's Specia...
DATE: May 26, 2011
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CATEGORY:
Reinsurance
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A young Bermudian has been given an invaluable insight into running a new business and working in a completely different environment half way round the other side of world.
Stratton Hatfield, a maintenance sales representative at Air Care, flew out t...
DATE: May 26, 2011
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CATEGORY:
Bermuda Works
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Insurer XL Group has begun its search for a new chief financial officer after Irene Esteves resigned reportedly to become CFO of Time Warner Inc.
XL said yesterday that Ms Esteves “will be leaving the company following a transition period to pursue a...
DATE: May 25, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank has announced the appointment of Paul O’Neill to its London, UK-based core strategy and research team.
Mr O’Neill, a former barrister, has several years experience as a portfolio manager with private wealth offices.
At Butterfield h...
DATE: May 25, 2011
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CATEGORY:
Other
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The rate at which new buildings have been going up in Par-la-Ville Road over the past few years has prompted one landlord to give its premises a complete makeover.
Mintflower Place has been given a new lick of paint to give it a fresh and modern look...
DATE: May 25, 2011
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CATEGORY:
Other
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The Royal Gazette / Bermuda Stock Exchange was unmoved on 1,179.91 points on a day of quiet pre-holiday trading on Monday.
No domestic board companies saw their share prices change value.
Only Ascendant Group Ltd, the owner of electricity provider Be...
DATE: May 25, 2011
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CATEGORY:
Bermuda Stock Exchange
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RenaissanceRe CEO Neill Currie said his award as the Bermuda Insurance Institute’s (BII) Industry Leader of the Year was a validation of his company’s track record of success more than his own.
Mr Currie was one of four individuals to be honoured by ...
DATE: May 25, 2011
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CATEGORY:
Reinsurance
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The recession has taken its toll on businesses across Bermuda in recent months, but for one new cleaning company it has provided the perfect opportunity to find a niche in the market.
The Cleaning Company Ltd, which was started by chief operations of...
DATE: May 25, 2011
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CATEGORY:
Other
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Six insurance-focued undergraduates started the three-week Intro-to-Insurance Summer Intern Programme run by the Bermuda Foundation for Insurance Studies (BFIS) on Monday.
The programme, now in its 10th year, is run in partnership with the Katie Sch...
DATE: May 25, 2011
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CATEGORY:
Reinsurance
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Fitch Ratings has affirmed Butterfield Bank’s credit ratings and raised its individual rating to reflect its improved financial position.
But the credit ratings agency remains concerned about the bank’s “weak profitability” in the short term.
Fitch s...
DATE: May 25, 2011
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CATEGORY:
Other
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