77160 results returned for search: "" category "Business"
CellularOne has announced the arrival of its first 4G capable phones to the Island.
The mobile phone provider launched its 4G network in January with theoretical download speeds of up to 21 MB/s, but access to 4G capable phones was limited at that ti...
DATE: Apr 11, 2011
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CATEGORY:
Technology
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HONG KONG (Bloomberg) Ace Ltd, the Swiss insurer operating in more than 50 countries, is aiming to increase the number of agents at its venture in China to 30,000 by the end of the year from 20,000 now, said Saloon Tham, Asia-Pacific president.
Acqui...
DATE: Apr 11, 2011
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CATEGORY:
Reinsurance
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Bermuda-run CatCo Reinsurance Opportunities Fund Ltd believes it has sustained no losses through its reinsurance contracts from this year’s earthquakes in New Zealand and Japan that may have cost the industry more than $40 billion in claims.
The com...
DATE: Apr 11, 2011
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CATEGORY:
Reinsurance
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The Royal Gazette / Bermuda Stock Exchange (BSX) Index climbed 1.2 percent last week, driven by increases in the share prices of Butterfield Bank and Argus Group Holdings Ltd.
Butterfield climbed three cents, or 2.4 percent, during the week to close ...
DATE: Apr 11, 2011
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CATEGORY:
Bermuda Stock Exchange
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The local economy, the cost of hiring and retaining talent, the burden of global over-regulation, work permits and the recent volatility of catastrophe events are some of the main concerns for CEOs in Bermuda’s insurance industry.
Also top of the age...
DATE: Apr 11, 2011
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CATEGORY:
International Business
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NASSAU, Bahamas (AP) The Bahamas has completed the sale of 51 percent of its telecommunications company to London-based Cable & Wireless Communications.
The Bahamian Utilities Regulation and Competition Authority approved the $210 million deal last m...
DATE: Apr 08, 2011
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CATEGORY:
Technology
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LONDON (Reuters) The Bank of England held interest rates at a record-low 0.5 percent yesterday, opting to wait for clearer signs of recovery before following the European Central Bank in tightening policy.
Although inflation in Britain is almost twic...
DATE: Apr 08, 2011
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CATEGORY:
Economy
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Meyer Group of Companies has announced the promotion of Joe Simas to vice-president marine operations.
Mr Simas is now responsible for Meyer Freight and Meyer Shipping, divisions of Meyer Agencies Ltd.
He will assume the leadership role for Meyer Shi...
DATE: Apr 08, 2011
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CATEGORY:
Other
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New legislation has been proposed to loosen up the restrictions on Florida’s captive insurance industry to allow it to be more competitive with the rest of the market, including Bermuda.
If the proposals pending in the 2011 Florida Legislature are en...
DATE: Apr 08, 2011
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CATEGORY:
Reinsurance
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A new interior design firm has been taking advantage of the opportunities presented by the recession as companies move between new and old office space.
Commercial Interiors Group (CIG) was formed by Darcy Robertson, design director and senior interi...
DATE: Apr 08, 2011
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CATEGORY:
Other
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