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Employment

Reinsurance

"Ironshore names McLean to top London post"

Ironshore’s Pembroke Syndicate 4000 has announced that Marc McLean has joined its personal accident and health insurance business. Mr McLean will serve as head of the personal accident division, reporting to Timothy Glover, active underwriter of Pemb...
Jan 27, 2011
Reinsurance

"Bermudians climb ladder at MS Frontier"

MS Frontier Reinsurance Ltd announced the hiring of two Bermudians and the promotion of four more. The Bermuda-based re/insurer has appointed Sean Belton as international underwriter and Chuck Morgan as associate underwriter. Meanwhile George Masters...
Jan 27, 2011
International Business

"Guernsey opts not to pursue Solvency II equivalence"

Guernsey will not be seeking Solvency II equivalence, with the island’s financial regulators raising doubts over the benefits of mutual recognition status for its captive industry, according to a report in Business Insurance. The States of Guernsey ...
Jan 26, 2011
International Business

"Twelve jobs to go as Seaboard leaves"

Commodities broker Seaboard Overseas Ltd is to close its Bermuda office with loss of 12 jobs. The Royal Gazette understands that the operation will be relocated to the Isle of Man, following the closure of the Bermuda office on April 30. The posts to...
Jan 26, 2011
Local Business

"Retailer estimates huge dip since 2006"

Retail sales are down by anything between one third and a half over the past four years during the month of December, a top retailer has estimated. Kristi Grayston, chairman of the retail division of the Bermuda Chamber of Commerce, reckons that sale...
Jan 25, 2011
Bermuda Works

"Don’t mess up your job interview by doing something dumb..."

One would think that in an economy where unemployment is high, applicants for the precious few job openings would be on their best behaviour. But many people just can’t help but show their true selves, even when so much is at stake, according to a ne...
Jan 25, 2011
Economy

"Fire chief Hollinsid: Service is committed to hiring Bermudians"

Chief fire officer Vincent Hollinsid yesterday said that the Fire Service is still committed to hiring Bermudian. However, like many other local services and businesses, the he said they have been having continued difficulty finding qualified Bermudi...
Jan 21, 2011
Other

"Appleby Bermuda cuts 11 jobs"

Eleven jobs have gone at the Bermuda office of law firm Appleby. Most of the employees affected worked in business support areas such as finance and marketing, Shaun Morris, the managing partner of Appleby (Bermuda) told The Royal Gazette yesterday. ...
Jan 14, 2011
Other

"Workers agree overtime cuts"

Public Works staff look set for overtime cuts saving $1.5 million a year as part of Government’s efforts to trim the fat. Bermuda Industrial Union members yesterday agreed to be paid their regular wage instead of double time when they work overtime, ...
Jan 14, 2011
Other

"Union workers reject pay freeze at Belco"

Unionised Belco workers have rejected a wage freeze proposed by the company to help cut its costs in 2011. Electricity Supply Trade Union (ESTU) representatives met with management on Monday and turned it down, after members voted against it at a mee...
Jan 14, 2011
Other

"Minister makes construction training pledge"

Economy Minister Kim Wilson today said up-to-date jobs figures are not available as Government awaits the completion of the 2010 census. But Senator Wilson said the 4.5 percent unemployment statistic from last year will have likely increased given an...
Jan 12, 2011
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