77160 results returned for search: "" category "Business"
Two of XL Group’s Bermuda-based subsidiaries have received approval from the New York Insurance Department (NYID) to qualify for reduced collateral status in the state of New York pursuant to requirements set forth by New York insurance regulation.
T...
DATE: Feb 18, 2011
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CATEGORY:
Reinsurance
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René Hill has started a new business making crochet scarves. Ms Hill, a Lifestyle reporter for The Royal Gazette, will stage the official launch of René Hill Originals on Sunday at the 64 Degrees restaurant at Port Royal Golf Club, Southampton, from ...
DATE: Feb 18, 2011
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CATEGORY:
Other
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Butterfield Bank gained a cent yesterday in Bermuda Stock Exchange trading.
The bank rose 0.8 percent on the trading of 7,700 shares to close the day on $1.22.
No other domestic board issues traded.
The Royal Gazette / BSX Index rose 4.78 points, or ...
DATE: Feb 18, 2011
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CATEGORY:
Bermuda Stock Exchange
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A young Bermudian entrepreneur is promoting the benefits of a machine that churns out water that is more in tune with your body than most bottled mineral waters.
That is the claim of Michael Lindo, a 24-year-old entrepreneur, who believes that LeveLu...
DATE: Feb 18, 2011
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CATEGORY:
Other
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Bermuda re/insurer’s Argo Group Holdings Ltd’s fourth-quarter earnings fell by two thirds as losses relating to an earthquake in New Zealand ate into profits.
Argo said net income for the last three months of last year totalled $12.8 million, compare...
DATE: Feb 18, 2011
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CATEGORY:
Reinsurance
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Allied World Assurance Company Holdings posted record annual net income of $665 million, as chief executive officer Scott Carmilani said the re/insurer's domicile move from Bermuda to Switzerland had helped to improve the firm's positioning for the f...
DATE: Feb 18, 2011
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CATEGORY:
Reinsurance
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Bermuda-based reinsurer Platinum Underwriters Holdings Ltd yesterday said it had added almost $140 million to the authorised amount under its existing share repurchase programme.
The announcement takes the total authorised under the programme to $250...
DATE: Feb 17, 2011
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CATEGORY:
Reinsurance
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No shares traded on the Bermuda Stock Exchange (BSX) yesterday.
The Royal Gazette/BSX Index closed the day on 1,114.39.
The BSX Insurance Index of the Island’s leading international insurance companies rose five points, of 0.48 percent, to close on 1...
DATE: Feb 17, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda ranks as one of the most expensive places in the world to employ people and any increase in the tax burden announced in tomorrow’s Budget would give the Island’s international companies another reason to relocate jobs elsewhere.
That is the v...
DATE: Feb 17, 2011
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CATEGORY:
Reinsurance
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Retailers saw their sales fall by 3.2 percent in December - their most important month of the year - compared to 2009.
After inflation was taken into account, retail sales volume fell 5.6 percent in the traditional peak shopping month, figures releas...
DATE: Feb 17, 2011
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CATEGORY:
Economy
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