49296 results returned for search: "" category ("Other" AND "Business")
International business visitors already face challenges finding a hotel room in Bermuda in the months either side of summer — and the imminent closure of the main hotel building at the Elbow Beach resort will only add to their challenges.
That is the...
DATE: Oct 22, 2009
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AUTHOR:
Jonathan Kent
Bermuda-based reinsurer Platinum Underwriters Holdings Ltd. last night reported net income of $109.5 million — or a record $2.10 per share for the third quarter.
The quiet Atlantic storm season, combined with strong investment performance in reboundi...
DATE: Oct 22, 2009
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CATEGORY:
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AUTHOR:
Jonathan Kent
TORONTO (Reuters) - Toronto's main stock index slid hard late in the day Wednesday as bank and insurance shares fell on a US analyst's report and as profit-taking hit gold-mining shares despite higher gold prices.
Banks and insurers in Toronto tracke...
DATE: Oct 22, 2009
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Max Capital Group Ltd. has appointed Adam Mullan as chief executive officer of Max at Lloyd's Ltd., the Lloyd's managing agent for Syndicates 1400, 2525 and 2526.
Iain Bremner, formerly managing director of Max at Lloyd's, will be leaving Max to pur...
DATE: Oct 22, 2009
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LONDON - Britain's top share index closed 0.3 percent higher, lifted by forecast-beating results from US banks Morgan Stanley and Wells Fargo. The FTSE 100 closed at 5,257.85 points, up 14.45 or 0.28 percent.
@MARKET ROUNDUP:EUROFIRST
EUROPE - Europe...
DATE: Oct 22, 2009
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Net income: $109.5 million compared to a loss of $45.3 million in 2007
Combined ratio: 73.2 percent compared to 122.6 percent in 2008
Net premiums earned: $229.5 million compared to $280.7 million in 2008.
DATE: Oct 22, 2009
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Anchor Investment Management has relocated to the seventh floor of the Butterfield Bank building at 42 Reid Street.
The company said yesterday that the move occurred seamlessly over a weekend and that Anchor's portfolio management team was operation...
DATE: Oct 22, 2009
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The Bermuda Stock Exchange (BSX) yesterday announced it had suspended the listing of New Castle Market Neutral Offshore Fund Ltd. after one of the principals of its US-based investment manager was arrested in a major insider trading case.
Mark Kurlan...
DATE: Oct 22, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
If Bermuda sees a major fall in its hospitality industry infrastructure and air links, the Island will move closer to an economic downturn from which it could take decades to recover.
That was the warning of Peter Everson, chairman of the Economic Di...
DATE: Oct 22, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
How is technological innovation fostered? It can be developed in several ways but at least one must have creative and curious people who are very persistent. That is true but such personalities do not operate in a vacuum.
This basic theme was iterate...
DATE: Oct 21, 2009
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