76370 results returned for search: "" category "Business"
Traders will be coming from far and wide to sell their goods at the launch of the Olde Towne Market in St George’s this weekend.
The market, which is in its second year and will be held on Water Street, will feature vendors and peddlars from across t...
DATE: Apr 29, 2011
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CATEGORY:
Local Business
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The Bermuda Monetary Authority has announced the publication of guidelines to help individuals and companies set up Islamic investment funds in Bermuda.
The guidance notes will assist prospective applicants looking to establish such funds to comply w...
DATE: Apr 29, 2011
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CATEGORY:
Economy
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Butterfield Bank rose 2.2 percent (three cents) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 43,800 shares to close at $1.39.
Overall the Index climbed 14.35 points (1.21 percent) to 1,201.13 with 43,800 shares worth BD$60,474 and 8...
DATE: Apr 28, 2011
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CATEGORY:
Bermuda Stock Exchange
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The billions of dollars of global insurance and reinsurance capital wiped out by claims in a first quarter of devastating catastrophes has not stalled the continuing decline in US insurance rates.
That is the finding of the RIMS Benchmark Survey, whi...
DATE: Apr 28, 2011
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CATEGORY:
Reinsurance
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NEW YORK (Bloomberg) Bermuda-based Lazard Ltd, the largest independent merger adviser, said first-quarter earnings fell 4.7 percent as revenue from advising on restructurings declined.
Profit was $58.5 million, or 43 cents a share, compared with $61....
DATE: Apr 28, 2011
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CATEGORY:
International Business
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Bermuda Forwarders announced that Mike McCallum, previously manager of airport operations, has been appointed senior manager of import operations. He is now responsible for all customs clearance and commercial freight import operations.
Nicholas Kemp...
DATE: Apr 28, 2011
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CATEGORY:
Other
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The Bermuda Market Breakfast will be a new feature of the Risk and Insurance Managers’ Society (RIMS) annual conference this year.
The biggest insurance industry conference of the year will be held in Vancouver next week and a strong delegation from ...
DATE: Apr 28, 2011
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CATEGORY:
Reinsurance
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Bermuda-based reinsurer Everest Re Group Ltd reported a first-quarter net loss of $315.9 million, as catastrophe claims took a heavy toll on the company.
The loss, which broke down to $5.81 per share compared to a net loss of $22.7 million, or $0.38 ...
DATE: Apr 28, 2011
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CATEGORY:
Reinsurance
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Montpelier Re Holdings Ltd suffered a net loss of $104.3 million as its catatrosphe losses rose to $200 million for the first quarter of 2011.
This compared to a $9.9 million profit for the same period last year.
The re/insurer’s book value per share...
DATE: Apr 28, 2011
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CATEGORY:
Reinsurance
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A piece of history will be lost forever when Gosling’s Ltd closes its Somerset store for the last time on Saturday.
The store, which has been in the town for almost 100 years, has had to shut for economic reasons.
It follows the closure of the famous...
DATE: Apr 28, 2011
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CATEGORY:
Economy
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