77160 results returned for search: "" category "Business"
Business Bermuda has offered a statement of support and welcome to members of the Society of Trust and Estate Practitioners (STEP) who have been attending the STEP Caribbean Conference at the Fairmont Southampton this week.
Randall Krebs, chairman o...
DATE: May 19, 2011
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CATEGORY:
Other
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The Bermuda Monetary Authority hosted the working group meeting of the Offshore Group of Insurance Supervisors (OGIS) from May 11-13. Sixteen participants from 13 jurisdictions were represented at the annual meeting to discuss pertinent issues relati...
DATE: May 19, 2011
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CATEGORY:
International Business
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Premier Paula Cox will officially open Gibbons Company’s renovated and reorganised stores at lunchtime today.
She will cut the ribbon at the company’s main stores, Twenty 5 Reid and Nine West, at 12.45pm. Then she will officially open the main store’...
DATE: May 19, 2011
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CATEGORY:
Local Business
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AM Best Co has lifted Montpelier Re’s ratings outlook to “positive” from “stable” and affirmed its financial strength rating at A-, the credit rating agency said.
The Bermuda reinsurer posted a first-quarter net loss of $104.3 million, after booking ...
DATE: May 19, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank’s common shares dropped 2.3 percent (three cents) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 201,700 shares to close at $1.38. It also saw 13 preference shares change hands, but their share price held firm at $1,2...
DATE: May 19, 2011
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CATEGORY:
Bermuda Stock Exchange
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Hardy Underwriting Bermuda Ltd saw a 6.8 percent increase in sales in the first quarter, the re/insurer announced in its interim report.
The company added that catastrophe claims during the first three months of the year were in the range of £21 mill...
DATE: May 19, 2011
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CATEGORY:
International Business
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Butterfield Fulcrum and FORS have appointed Sean Foley as chief financial officer and chief administration officer.
The independent fund administrator and independent provider of family office and wealth management reporting and administrative servic...
DATE: May 19, 2011
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CATEGORY:
International Business
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Employees of Bermuda reinsurer Validus Holdings Ltd rolled up their sleeves to help out at WindReach.
In conjunction with The International Red Cross’s “Red, White and Do Day”, they assisted with general maintenance tasks at the therapeutic riding st...
DATE: May 19, 2011
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CATEGORY:
International Business
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R C Kwok has retired as a director from the boards of five companies, in a filing to the Bermuda Stock Exchange.
In the filing dated May 12, 2011, the Jardine Group of Companies announced that Mr Kwok was stepping down from the boards of Jardine Math...
DATE: May 19, 2011
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CATEGORY:
International Business
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Shares of Bermuda-based White Mountains Insurance Group Ltd soared 15 percent on the New York Stock Exchange yesterday after the company agreed to sell its Esurance unit to Allstate Corp in a $1 billion deal.
Esurance is one of the largest sellers of...
DATE: May 19, 2011
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CATEGORY:
Reinsurance
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