76378 results returned for search: "" category "Business"
The Bermuda Jam Factory has had to become more creative to continue to grow in a difficult economy.
Joel McDonell, who runs the company with his partner Grant Kennedy, said the company has bargained and bartered its way forward since its inception.
“...
DATE: Feb 16, 2011
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CATEGORY:
Local Business
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AUTHOR:
Owain Johnston-Barnes
PartnerRe Ltd has estimated that it faces first-quarter losses of between $80 million and $100 million related to the floods and storms that have ravaged Australia this year.
The announcement came in a statement released after the close of regular st...
DATE: Feb 16, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank yesterday announced that it has appointed Michael Neff as executive vice-president, head of group asset management.
Mr Neff has nearly 25 years’ experience in financial services, having held senior roles in wealth management client s...
DATE: Feb 16, 2011
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CATEGORY:
Personal Finance
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Ascendant Group Ltd fell 3.3 percent yesterday in trading on the Bermuda Stock Exchange (BSX).
The company, which owns electricty provider Belco, fell 50 cents to close on $14.50, as 2,200 shares traded.
The only other domestic board issue to trade w...
DATE: Feb 16, 2011
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CATEGORY:
Bermuda Stock Exchange
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Rupert Murdoch’s global media giant News Corporation was forced to pay an Australian state government 77.5 million Australian dollars ($77.2 million) for allegedly avoiding taxes after it listed one of its companies on the Bermuda Stock Exchange (BSX...
DATE: Feb 16, 2011
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CATEGORY:
International Business
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Esteemed US economist, Steve Levitt, bestselling author of ‘Freakonomics' (2005) and its sequel, ‘Superfreakonomics' (2009), will be the keynote speaker at the second Annual Capital G Private Wealth Conference to be held on May 4 at the Tucker's Poin...
DATE: Feb 16, 2011
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CATEGORY:
Personal Finance
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Travel by private jet may seem like extravagant luxury to many but to several Bermuda international companies it is a practical and efficient means of travel.
Flagstone Re is one such firm. Last week, chief executive officer David Brown and a team of...
DATE: Feb 16, 2011
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CATEGORY:
Other
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Butterfield Bank shares fell 3.2 percent on the Bermuda Stock Exchange yesterday as the local stock market closed lower.
The bank fell four cents to close on $1.21, as 13,500 shares traded.
BF&M pared the gains it made last week, falling 99 cents, o...
DATE: Feb 15, 2011
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CATEGORY:
Bermuda Stock Exchange
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Validus Holdings Ltd is reportedly in takeover talks with fellow Bermuda reinsurer Ariel Re, according to a report in the UK trade press.
The Insurance Insider cites sources who claim that Ariel Re has invited Validus to undertake due diligence on th...
DATE: Feb 15, 2011
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CATEGORY:
Reinsurance
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Bermuda-based re/insurer Arch Capital Group Ltd said yesterday that fourth-quarter profit fell 20 percent after the company paid out $22.5 million in losses related to December’s Australian floods.
Arch said net income for the October through Decembe...
DATE: Feb 15, 2011
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CATEGORY:
Reinsurance
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