77160 results returned for search: "" category "Business"
Bermuda could pick up a significant amount of business from Canadian companies looking to form new captives but there is not expected to be a mass exodus of existing companies from its main competitor Barbados.
That is the view of Jason Carne, partne...
DATE: Jun 08, 2011
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CATEGORY:
International Business
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HSBC said it agreed to pay $62.5 million to settle a class action brought against it in the United States over its role in providing administrative services to a fund which placed cash with Wall Street swindler Bernard Madoff.
The action was brought ...
DATE: Jun 08, 2011
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CATEGORY:
International Business
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Aspen US Insurance has announced the appointment of Ken Cornell, executive vice-president, to lead Aspen Specialty’s Environmental Liability team.
He will be based in New York and report to Mario Vitale, president, Aspen US Insurance.
Mario Vitale s...
DATE: Jun 08, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank rose 1.45 percent (two percent) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 1,000 shares to close at $1.39.
Overall the Index was up 9.57 points (0.81 percent) at 1,191.88 with 1,000 shares worth BD$1,388 and 1,500...
DATE: Jun 08, 2011
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CATEGORY:
Bermuda Stock Exchange
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Gerova Holdings Ltd’s subsidiary Gerova Reinsurance Ltd was granted a restricted licence by the Bermuda Monetary Authority (BMA), the Authority has said.
Gerova Re’s parent company was served notice for the termination of its lease after failing to p...
DATE: Jun 08, 2011
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CATEGORY:
Reinsurance
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SYDNEY (Bloomberg) - Australian job advertisements dropped in May by the most in two years as the nation’s employment growth slowed, a private report showed.
Jobs advertised in newspapers and on the Internet fell 6.5 percent from April, when they dec...
DATE: Jun 07, 2011
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CATEGORY:
Bermuda Works
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Jonathan Rowland, son of former UK Conservative party treasurer David, has launched his latest stock market venture a Bermuda-registered company which will invest in social media companies.
Mr Rowland, who is chairman of Jellybook, aims to raise £3 m...
DATE: Jun 07, 2011
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CATEGORY:
International Business
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At the time you are reading this article you should have either filed your 2010 US Federal individual income tax return by the June 15, 2011 extended filing date or requested an extension of time until October 17, 2011 to do so. Form TD F 90-22.1 Rep...
DATE: Jun 07, 2011
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CATEGORY:
Other
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Twelve Bermudian university students yesterday celebrated the start of their two-month internship programme with three of Bermuda’s and the world’s top insurance, banking and accounting organisations.
The annual Summer Internship Programme (SIP) host...
DATE: Jun 07, 2011
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CATEGORY:
Reinsurance
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The Bermuda Captive Conference opened yesterday, with a record 515 delegates.
The figure was revealed in introductory remarks from the event’s chairwoman Jill Husbands yesterday.
The event, which is in its seventh year, has some industry star appeal ...
DATE: Jun 07, 2011
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CATEGORY:
Reinsurance
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