49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based reinsurer Validus Holdings Ltd. has opened a European reinsurance representative office in Hamburg, Germany.
The new office will represent Validus Re, the Bermuda-based reinsurance operating subsidiary, which focuses on short-tail class...
DATE: Jul 22, 2009
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SEATTLE (AP) — Apple Inc., the closest thing the tech industry has to a luxury brand, said yesterday its profit jumped 15 percent in the most recent quarter despite the recession. IPhone revenue surged and reduced prices pushed laptop sales higher, e...
DATE: Jul 22, 2009
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Butterfield Bank shares fell 1.2 percent yesterday, dragging local stocks lower.
Having started the week with a 7.6 percent fall on Monday, Butterfield added to its slump, falling five cents to $4.20 on the trading of 21,600 shares.
While the bank's ...
DATE: Jul 22, 2009
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SAN FRANCISCO (Reuters) - Contract oil and gas driller Nabors Industries Ltd. reported yesterday a sharp drop in second-quarter earnings, excluding charges, hit by a industry-wide slump that Nabors said was largely bottoming out.
Before accounting fo...
DATE: Jul 22, 2009
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Nine out of ten residents have confidence in the Island's financial institutions, according to a survey carried out by Reasearch.bm.
And the reseach company has also revealed that nearly half of residents were shopping less in Bermuda early in the ye...
DATE: Jul 22, 2009
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LONDON - Britain's top share index rose for a seventh-straight day, boosted by supermarkets after a solid update from Wm Morrison, and after strong US quarterly results, with heavyweight miners lending support. The FTSE 100 closed at 4,481.17 points,...
DATE: Jul 22, 2009
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Lili Bermuda has introduced three new fragrances especially to mark the 400th anniversary of Bermuda.
Isabelle Ramsay-Brackstone, perfumer for Lili Bermuda at The Bermuda Perfumery in St. George's, said yesterday that each fragrance was created to e...
DATE: Jul 22, 2009
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LONDON (AP) — The recession is killing British pubs at an accelerating rate, an average of 52 every week in the first half of the year, an industry group said in a report released today.
Pub closures have put 24,000 people out of work in the past yea...
DATE: Jul 22, 2009
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Net income: $98.1 million compared to $102.3 million in 2008
Net premiums written: $208.1 million compared to $224.9 million in 2008
Combined ratio: 76.9 percent compared to 68.4 percent in 2008
DATE: Jul 22, 2009
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Just over half of respondents in a poll of readers of the industry magazine Reactions believe that Bermuda is still the place for new insurers to go with start-up capital.
While the Island has attracted the vast majority of start-ups and their capita...
DATE: Jul 22, 2009
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AUTHOR:
Jonathan Kent
