49296 results returned for search: "" category ("Other" AND "Business")
American International Group says it expects its new Bermudian-based run-off company to bring jobs to the island.
The new entity, known as DSA Reinsurance Company, will manage four-fifths of AIG’s legacy business and will be backed by $40 billion of ...
DATE: Feb 12, 2018
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Nordic American Tankers Ltd made a loss of $21.9 million, or 20 cents per share, in the fourth quarter.
That was less than the $34.3 million loss reported by the Bermudian-based company in the preceding quarter. However, the result missed analysts ex...
DATE: Feb 12, 2018
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Berkeley Institute students are in first and second place in the KPMG Investment Challenge.
The competition, contested by 16 teams from seven schools across the island, involves students being given a virtual $100,000 portfolio to manage. They selec...
DATE: Feb 09, 2018
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There is no denying that technological developments are continually changing the way we live. Some of these developments have been in, and will increasingly be seen in, the insurance and reinsurance space.
Many will have heard of “fintech”, a term de...
DATE: Feb 08, 2018
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Inflation jumped to 2 per cent in November, up from 1.4 per cent the month before.
The transport and foreign travel sector was up 1.2 per cent, with the average cost of overseas hotels up 3.6 per cent, and airfares 1.6 per cent higher.
Among food ite...
DATE: Feb 08, 2018
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Cybercrime is one of the world’s fastest growing industries, representing $1 trillion in revenue lost or stolen. Victims range from private businesses and individuals to government organisations.
The devastating impact of a cyberbreach was spelt out ...
DATE: Feb 07, 2018
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A new law firm called Carey Olsen Bermuda has opened for business. It has been established by managing partner and Bermudian attorney Michael Hanson in association with offshore firm Carey Olsen.
Mr Hanson has a well-established practice centred on B...
DATE: Feb 05, 2018
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Bermuda could address part of the problem of its high cost of living by creating a new watchdog to identify and clamp down on anti-competitive behaviour.
That is the view of economist Robert Stubbs, whose latest research suggests that “uncompetitive ...
DATE: Feb 02, 2018
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Public works permanent secretary Francis Richardson is to join the Bermuda Shipping and Maritime Authority as chief executive officer. He will assume the role on April 9.
Mr Richardson is a marine engineer with 25 years of service to the Bermuda Gove...
DATE: Feb 02, 2018
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A multi-specialty medical practice offering a fresh approach to healthcare services is set to open in Hamilton within weeks.
The Bermuda Medical Specialties Group practice, located in a 6,500-square-foot space on the third floor of Reid Hall on Reid ...
DATE: Jan 31, 2018
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