76369 results returned for search: "" category "Business"
Visitors to Bermuda will be able to make hotel reservations and book trips as well as check their e-mails all in one place thanks to a dedicated new guest service business that launches today.
Internationally Connected, which is run by business opera...
DATE: May 11, 2011
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CATEGORY:
Other
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NEW YORK (Bloomberg) Bermuda-based bond insurer Assured Guaranty Ltd, which reached a $1.6 billion settlement with Bank of America Corp last month on soured mortgages it guaranteed, said it’s still seeking buybacks of $5.4 billion of loans from other...
DATE: May 11, 2011
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CATEGORY:
Reinsurance
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The Ascendant Group Ltd rose 0.35 percent (five cents) to $14.05 on The Bermuda Stock Exchange (BSX) yesterday.
The energy company traded 4,000 shares during the day.
Butterfield Bank also saw 37,000 shares change hands, but its share price held firm...
DATE: May 11, 2011
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CATEGORY:
Bermuda Stock Exchange
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Contractor compliance will be the focus for a breakfast seminar held by the Bermuda Small Business Development Corporation (BSBDC) in Pembroke today.
The event, which is being hosted at the Pembroke Sunday School, 1 Marsh Folly Road between 8am and 1...
DATE: May 11, 2011
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CATEGORY:
Personal Finance
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Bermuda-domiciled insurer Paraline’s chief executive officer Jack Graham is to step down on July 1.
He will be replaced by the company’s chairman Bruce Schnitzer, the former CEO of Marsh and McLennan.
Mr Graham will also relinquish his post from Para...
DATE: May 11, 2011
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CATEGORY:
International Business
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Bermuda re/insurer Arch Capital Group Ltd is to carry out a three-for-one share split.
The company announced that its shareholders had approved an amendment to the company’s Memorandum of Association to effect the share split.
Holders of common share...
DATE: May 11, 2011
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CATEGORY:
Other
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The ocean-front site of the former Sonesta Hotel in Southampton is up for sale.
Jones Lang LaSalle, along with Rego Sotheby’s International Realty, announced they have been selected as exclusive agents to market the development site.
The spectacular ...
DATE: May 11, 2011
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CATEGORY:
Economy
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NEW YORK (Bloomberg) Bermuda-domiciled Kosmos Energy Ltd, the oil and gas exploration and production company owned by Warburg Pincus LLC and Blackstone Group LP, was seeking to raise as much as $540 million yesterday in an initial public offering aft...
DATE: May 11, 2011
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CATEGORY:
International Business
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The Azure Medical Spa & Wellness Centre has announced the appointment of Donna Karaz, a certified laser therapist, to its team.
Ms Karaz recently begun working in Bermuda alongside Sasha Benson (Azure’s resident licensed medical aesthetician and cert...
DATE: May 11, 2011
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CATEGORY:
Other
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Bermuda-based re/insurer Hiscox Ltd said first-quarter sales fell eight percent in a “tough” market but the company expects to see double-digit rate rises for US catastrophe business.
Gross written premiums declined to £453.5 million ($743.4 million)...
DATE: May 10, 2011
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CATEGORY:
Reinsurance
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