77160 results returned for search: "" category "Business"
Endurance Specialty Holdings Ltd announced yesterday that William Bolinder has been elected as its new chairman, effective March 3.
He will succeed Kenneth LeStrange, who founded Endurance in 2001.
Mr Bolinder has been a member of the Bermuda re/insu...
DATE: Feb 24, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank climbed 0.8 percent in Bermuda Stock Exchange trading yesterday to push the local stock market higher.
The bank, which declared a $207.6 million loss for 2010 after the market closed, gained one cent to close the day on $1.22, as 28,...
DATE: Feb 23, 2011
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CATEGORY:
Bermuda Stock Exchange
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KPMG in Bermuda has announced that KPMG has been named the Best Fund Audit firm by IFI (Funddomiciles.com).
The award was presented in London on January 19, 2011 after IFI’s Annual Conference on the future of fund domiciles.
Craig Bridgewater, lead ...
DATE: Feb 23, 2011
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CATEGORY:
International Business
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LONDON (Reuters) Stronger tax revenues helped Britain to a bigger-than-expected budget surplus last month, raising the possibility the government might borrow less than planned in the 2010/11 fiscal year.
However, there is a strong chance Chancellor ...
DATE: Feb 23, 2011
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CATEGORY:
Economy
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LONDON (Bloomberg) Bermuda-based Frontline Ltd., the world’s largest operator of supertankers, posted a bigger-than-expected fourth-quarter loss and declared a dividend that missed estimates after charter costs plunged on a glut of vessels.
The net l...
DATE: Feb 23, 2011
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CATEGORY:
International Business
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TOKYO (Reuters) Moody’s Investors Service warned yesterday that it may cut Japan’s sovereign rating if government policies fall short of comprehensive tax reform needed to bring ballooning public debt under control.
The ratings agency said Japan, whe...
DATE: Feb 23, 2011
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CATEGORY:
Economy
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Bermuda reinsurers will face heavy claims from New Zealand for the second time in less than six months after the country was hit by a deadly earthquake.
Total losses from the quake that devastated Christchurch yesterday may top the $6 billion of loss...
DATE: Feb 23, 2011
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CATEGORY:
Reinsurance
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Hiscox is planning to expand its Bermuda operations and eventually hire more staff.
In an interview with The Royal Gazette, Hiscox's group chief executive officer Bronek Masojada said the company intended to increase its office space by about half.
...
DATE: Feb 23, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank made a loss of $207.6 million in 2010, due mainly to selling off troubled assets at a loss early in the year.
After another painful year following 2009's $213.4 million loss the bank believes it is in a position to return to profitab...
DATE: Feb 23, 2011
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CATEGORY:
Other
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Welcome to the first of a fortnightly column dedicated exclusively to the information technology (IT) space in Bermuda. This column will address important industry trends, new products, user and security issues and legislative changes impacting the i...
DATE: Feb 23, 2011
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CATEGORY:
Technology
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