49296 results returned for search: "" category ("Other" AND "Business")
Traditional reinsurers are facing challenges to their profit margins as capital flows into the market from a variety of sources, including catastrophe bonds, according to Willis Re, the reinsurance arm of Willis Group Holdings.
And many reinsurers s...
DATE: Apr 04, 2013
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Finance Minister Bob Richards has responded to news ratings firm Moody’s has placed Bermuda's Aa2 government bond rating on review for possible downgrade.
Moody's Investors Service said that the review is prompted by “the steep rise in government de...
DATE: Apr 03, 2013
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AUTHOR:
Scott Neil
Ratings firm Moody’s has placed Bermuda’s Aa2 rating on review for possible downgrade, citing concerns at the rise in government debt and the Island’s ongoing recession.
The warning comes only days after Standard and Poor’s said it might downgrade th...
DATE: Apr 03, 2013
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AUTHOR:
Scott Neil
Bermuda-based Oil Casualty Insurance Ltd (OCIL) generated a net income of $28.3 million in 2012, experiencing another year of growth for the company.
OCIL, which provides insurance cover to energy businesses along with writing casualty and property t...
DATE: Apr 02, 2013
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The beloved Court Street restaurant Fish Hut has reportedly closed it doors.
Rolling shutters graced the entry to the popular store on Thursday, with no sign to explain the reason for its closure.
A spokesman for the Economic Empowerment Zone said th...
DATE: Mar 30, 2013
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As part of the regulatory process for the delisting of its ordinary shares from the Trinidad and Tobago Stock Exchange, Bermuda Stock Exchange-listed BCB Holdings Limited has bought 105,769 of its own ordinary shares at 37 pence per share on March 22...
DATE: Mar 27, 2013
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Bermuda Stock Exchange-listed Waterloo Investment Holdings Limited acquired 105,769 of its own ordinary shares at $1.15 pence per share on 22 March.
The British Virgin Islands-registered company has investments in the Caribbean, particularly Turks a...
DATE: Mar 27, 2013
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Bermuda-based PartnerRe has announced the formation of Lorenz Re Ltd, a Special Purpose Insurer (SPI) domiciled here.
Lorenz Re was capitalised with $75 million through the issuance of multiple classes of preference shares. It will provide additiona...
DATE: Mar 27, 2013
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Words. The words we use in our daily communication are very important.
In fact, the words directly impact on your level of success. To me, the worst examples are the times you feel that another person has actually swallowed a dictionary!
These are ...
DATE: Mar 26, 2013
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Registration is now open for the 2013 Capital G Private Wealth Conference featuring former Mexican President Felipe Calderón as the keynote speaker.
Held on April 11, the conference is comprised of an interactive panel discussion and seminars led by ...
DATE: Mar 26, 2013
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