76423 results returned for search: "" category "Business"
Bermuda has the highest gross domestic product per capita in the world after it soared by 10.3 percent.In 2006 the Island generated $5.35 billion of wealth - which works out at $83,935 per person.
The latest Department of Statistics report based on 2...
DATE: Jan 04, 2008
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Bermudian students aspiring to work in Bermuda's international business sector have been given a welcome boost by a new scheme launched by the Association of Bermuda International Companies (ABIC).
The Post Graduate Award is valued at $20,000 per yea...
DATE: Jan 03, 2008
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WASHINGTON (Reuters) - RAM Holdings filed with regulators last Friday to raise up to $350 million by periodically selling debt securities, common and preference shares, and other securities.
The provider of financial guaranty reinsurance said in a fi...
DATE: Jan 03, 2008
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The Bermuda Stock Exchange was yesterday advised that during December 2007 Butterfield Bank bought 5,134 shares at an average price of $18.45, which are to be held in treasury.
There were no shares bought back and cancelled during December.
DATE: Jan 03, 2008
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It proved to be a big day for share trading on the Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday as a total of 20,655 shares worth $313,824.60 changed hands throughout the day.
Despite all of the activity, the Index remained unchanged at...
DATE: Jan 03, 2008
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The deepening soft market with the insurance and reinsurance sector, highlighted by an on-average nine percent drop in January 1 renewal rates, does not necessarily mean profits will vanish during the coming year.
That is the view of Professor Robert...
DATE: Jan 03, 2008
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AUTHOR:
Scott Neil
JERUSALEM (Bloomberg) - Migdal Insurance Holdings, Israel's biggest life insurer, said parent Assicurazioni Generali SpA will buy a portion of its reinsurance contracts.
Migdal's shares posted the biggest gain in four years.
The agreement will help M...
DATE: Jan 03, 2008
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Reinsurance renewal prices have continued to fall across the board for 2008, leaving reinsurers exposed to taking a bigger hit in the event of a natural disaster.
Some areas of reinsurance are faring better than others, with the cost of marine reinsu...
DATE: Jan 03, 2008
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The Horizons-2 satellite joint venture between Bermuda-registered Intelsat and Japan's JSAT Corporation, will fulfill a security role for the East Coast of the US as well as providing commercial use for the Caribbean, the US and Canada.
As reported i...
DATE: Jan 03, 2008
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AUTHOR:
Scott Neil
Belco has been given clearance to raise it electricity rates to customers by 2.5 percent every year for the next four years. In the fifth year the rates will rise three percent.
By putting up the amount it charges, the electricity company expects to ...
DATE: Jan 02, 2008
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AUTHOR:
Scott Neil
