76000 results returned for search: "" category "Business"
The contraction of the international business sector is a warning sign that Bermuda must be smarter, better and more competitive to attract new business to the Island.
That is according to George Hutchings, chairman of the Association of Bermuda Inte...
DATE: Jan 04, 2011
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CATEGORY:
International Business
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Capital G Bank Ltd. and First Bermuda Group Ltd. (FBG) have announced the formal amalgamation between FBG and Capital G Holding Company Ltd., effective today.
The agreement was signed on December 21, 2010 and subsequently approved by the FBG sharehol...
DATE: Jan 04, 2011
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CATEGORY:
Other
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The Bermuda Stock Exchange (BSX) has approved of the listing of Lodestone Re Ltd’s $450 million of catastrophe bonds on behalf of American International Group’s property and casualty insurance arm Chartis.
The BSX announced on Friday that it had app...
DATE: Jan 03, 2011
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CATEGORY:
Other
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The increasing number of people leaving the Island in 2010 has had a big impact on gym membership numbers, according to gym owners and managers across Bermuda.
But most say that their existing client base still holds health and fitness as one of the ...
DATE: Jan 03, 2011
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CATEGORY:
Other
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Butterfield Bank’s share price fell by 3.8 percent in New Year’s Eve trading on the Bermuda Stock Exchange, sending the local stock market lower on the last trading day of 2010.
Butterfield fell five cents to close on $1.25, as 1,800 of the bank’s sh...
DATE: Jan 03, 2011
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CATEGORY:
Bermuda Stock Exchange
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Belco will be seeking to cut its costs with some tough decisions having to be made over the next several months in the face of the current recession which has taken its toll on the utility provider.
That is according to Vince Ingham, president and CE...
DATE: Jan 03, 2011
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CATEGORY:
Other
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Bermuda-based reinsurer PartnerRe Ltd today announced that its board of directors has approved a new share repurchase authorisation of up to seven million common shares, effective immediately. This replaces the prior authorisation of seven million co...
DATE: Dec 31, 2010
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CATEGORY:
International Business
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The Ascendant Group Ltd. rose 3.89 percent (56 cents) on The Bermuda Stock Exchange (BSX) yesterday.
The utilities company traded 1,600 shares to close at $14.95.
Other traders included Argus Group Holdings Ltd. (2,000 shares), Stevedoring Services L...
DATE: Dec 31, 2010
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CATEGORY:
Bermuda Stock Exchange
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Bermudians are getting unhealthier - and that poses as big a threat to the Island's economy as a monster hurricane, according to Argus Group chief executive officer Gerald Simons.
The boss of one of the Island's biggest health insurers is seeing incr...
DATE: Dec 31, 2010
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CATEGORY:
Economy
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Flagstone Reinsurance Holdings has raised its estimate of losses from the New Zealand earthquake to $75.5 million.
The new number, released last night, is almost 50 percent more than the Luxembourg-based reinsurer’s original $52.5 million estimation....
DATE: Dec 31, 2010
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CATEGORY:
International Business
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