75993 results returned for search: "" category "Business"
Two Bermuda-based insurers with Japanese parent companies have no direct exposure to the earthquake and subsequent tsunami that devastated Japan last week.
Tokio Millennium Re Ltd and Ms Frontier Reinsurance Ltd do not write business in Japan due to ...
DATE: Mar 17, 2011
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CATEGORY:
Reinsurance
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The Bermuda Stock Exchange (BSX) opened and closed at 1,142.23 yesterday with 1,122 shares traded.
A total of 1,022 shares worth BD$5,228.60 and 100 shares worth US$1,020 changed hands during the day.
Butterfield Bank transacted 4,022 shares, but its...
DATE: Mar 17, 2011
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CATEGORY:
Bermuda Stock Exchange
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The Ascendant Group Ltd. dropped 3.37 percent (49 cents) on The Bermuda Stock Exchange (BSX) yesterday.
The utilities provider traded 1,900 shares to close at $14.01.
Butterfield Bank also transacted 6,000 shares, but its share price held firm at $1....
DATE: Mar 16, 2011
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CATEGORY:
Bermuda Stock Exchange
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NEW YORK (Bloomberg) Insurance losses from the Japanese earthquake may be large enough to turn prices for catastrophe cover that have been falling for two years, according to analysts, brokers and underwriters.
Insurers and reinsurers face claims of ...
DATE: Mar 16, 2011
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CATEGORY:
Reinsurance
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Bermuda-based re/insurer Aspen Insurance Holdings Ltd said yesterday it had no “known exposure” to property damage, business interruption or liability for any nuclear incidents arising from last Friday’s Japanese earthquake.
Aspen added that it had s...
DATE: Mar 16, 2011
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CATEGORY:
Reinsurance
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Bermuda-based re/insurer Lancashire Holdings Ltd yesterday estimated losses of $45 million to $55 million relating to events that took place in the first quarter, not including last week’s Japanese earthquake and tsunami.
The company said that $15 mi...
DATE: Mar 16, 2011
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CATEGORY:
Reinsurance
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Flagstone Reinsurance Holdings, SA has significant reinsurance protection coverage for its Japan exposure and is currently assessing the impact of the earthquake and tsunami, its CEO David Brown revealed yesterday.
The company also announced prelimin...
DATE: Mar 16, 2011
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CATEGORY:
Reinsurance
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Stephen Todd has admitted he has some ‘unfinished business’ to attend to as he approachs the end of his term as Bermuda Chamber of Commerce president.
Mr Todd, who took over the role from Philip Barnett in April 2009 and is the first black Chamber bo...
DATE: Mar 16, 2011
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CATEGORY:
Local Business
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A taste of the East will be coming to St George after a new Chinese restaurant opened in the town this week.
Wong’s Golden Dragon Restaurant, which was officially launched yesterday, will offer a range of Mandarin and Szechuan specialities from start...
DATE: Mar 16, 2011
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CATEGORY:
Other
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Bermuda’s biggest paint producer has seen a significant shift in business from making paint for big construction projects to providing for more small DIY jobs.
That is according to David Swift, who runs the Pembroke Paint Company. He said that while...
DATE: Mar 16, 2011
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CATEGORY:
Local Business
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