76370 results returned for search: "" category "Business"
Mark Simons
Age: 45
Role: Insurance broker, Bowring Marsh
What is your job? I’m an insurance Broker with Bowring Marsh. My role is split between handling various client accounts requiring insurance capacity from within the Bermuda market and overse...
DATE: Apr 19, 2011
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CATEGORY:
Bermuda Works
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Four new insurance companies incorporated in March, according to the latest update from the Bermuda Monetary Authority.
There were two class three companies established, Sterling Reinsurance Bermuda Ltd and JC Re Ltd, both under the management of Mar...
DATE: Apr 18, 2011
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CATEGORY:
Reinsurance
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Scottish Re Group Ltd’s profits fell by more than $2 billion during 2010 due primarily to $242.2 million of net realised and unrealised gains on its invested assets.
The re/insurer posted net income of $239.1 million or $1.09 per share for the year e...
DATE: Apr 18, 2011
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CATEGORY:
Reinsurance
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Bermuda beverage dealer Gosling’s received a massive publicity boost with an appearance in Fortune magazine.
The article, which features an interview with Malcolm Gosling, features details about the company’s history and its efforts to crack the US m...
DATE: Apr 18, 2011
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CATEGORY:
Local Business
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Watlington Waterworks dropped 17.6 percent ($2.45) on The Bermuda Stock Exchange (BSX) last week.
The utilities company traded 1,000 shares during the day.
Also in utilities KeyTech Ltd rose 5.8 percent (35 cents) to $6.35 with 13,815 shares changing...
DATE: Apr 18, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based bond insurer Assured Guaranty Ltd saw its shares rocket more than 24 percent on Friday after it secured a $1.1 billion payout from Bank of America to settle a claim over faulty mortgages.
The deal ends drawn-out negotiations that starte...
DATE: Apr 18, 2011
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CATEGORY:
Reinsurance
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Stressed out business people can now get treatment for almost any condition thanks to a new holistic health centre which has opened in the centre of town.
Sankofa, The Wellness Centre, which means return, go and look or seek, opened its doors at 1 Ch...
DATE: Apr 18, 2011
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CATEGORY:
Other
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The Bermuda re/insurance market will pay out more than half the claims from February’s New Zealand earthquake, according to preliminary loss data from the world’s major insurance groups.
The remarkable statistic highlights the growing global importan...
DATE: Apr 18, 2011
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CATEGORY:
Reinsurance
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WASHINGTON (AP) The world’s major economies have reached an agreement on how to measure the types of dangerous imbalances that contributed to the worst global financial downturn in seven decades.
Yesterday’s deal was announced in a joint statement is...
DATE: Apr 16, 2011
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CATEGORY:
Economy
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NEW YORK (Bloomberg) Last week the Federal Reserve bravely released 894 PDF files containing 29,346 pages that detailed its heroic actions during the financial crisis.
These documents revealed how open-minded the Fed can be when it needs to be. Local...
DATE: Apr 16, 2011
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CATEGORY:
Other
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