76393 results returned for search: "" category "Business"
Offshore energy business underwriter Anemos Insurance Management Ltd. has been going from strength to strength since it set up in Bermuda two months ago.
Anemos is a Managing General Agency which writes offshore energy business on behalf of Ironshore...
DATE: Jul 02, 2008
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Bermuda-based MS Frontier Reinsurance Ltd. has been assigned a financial strength rating of A (excellent) and an issuer credit rating of "a+" by AM Best Co.
The outlook assigned to both ratings is stable.
MS Frontier is a wholly owned subsidiary of M...
DATE: Jul 02, 2008
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NEW YORK (AP) - Wall Street began the third quarter with an erratic session yesterday as a mix of news made it clear the country is still deep in economic problems but may have some positive trends - including some better than expected June sales for...
DATE: Jul 02, 2008
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Bermuda insurer Ironshore is set to make its long-anticipated move into the Lloyd's of London market after buying Pembroke Managing Agency Ltd., which manages Lloyd's Syndicate 4000.
The property and casualty insurer announced yesterday that it has s...
DATE: Jul 02, 2008
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The Fairmont Southampton resort enjoyed its second successive record year in 2007 — and its marketing team has won an global award from the global hotel group to mark the achievement.
Revenue for the South Shore hotel soared by $11 million in 2007 co...
DATE: Jul 02, 2008
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AUTHOR:
Jonathan Kent
Butterfield Bank is expected to make significant markdowns in its "held to maturity" portfolio by the end of this year due to a widening in credit spreads and the further deterioration of the US housing market, according to a new equity research repo...
DATE: Jul 02, 2008
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The MarketPlace has slashed the prices on 30 of its staple grocery products by at least 10 percent, all of which will be frozen until the end of September.
The supermarket chain, which has eight stores on the Island, has cut prices on items such as e...
DATE: Jul 02, 2008
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NEW YORK (Bloomberg) - Junk-rated companies may default at triple the current rate within a year as surging oil and commodity prices erode their ability to pay back debt, according to a report from Moody's Investors Service.
Consumers faced with high...
DATE: Jul 02, 2008
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The impact of Government's decision to stop advertising in The Royal Gazette will not be fully felt until the second half of this year.
That is according to Bermuda Press (Holdings) Ltd.'s six-month statement to shareholders, which said that followin...
DATE: Jul 02, 2008
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Butterfield Bank has appointed Wilton Dolloff as executive vice-president and chief operating officer with responsibility for the bank's operations and technology functions.
Mr. Dolloff joined Butterfield from Huntington Bancshares Incorporated of Co...
DATE: Jul 02, 2008
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