49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Reuters) - Willis Group Holdings Ltd., the world's third largest insurance broker, said its net income rose 15 percent in the first quarter, on strong commission and fee income.
Willis, which is domiciled in Bermuda and has large operations...
DATE: May 01, 2009
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Argus Group Holdings Ltd. saw its share price rise by five cents (0.72 percent) to $6.95 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The insurance company traded 2,500 shares.
Other traders included Butterfield Bank (56,000 sha...
DATE: May 01, 2009
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The impact of the economic downturn has been felt by the restaurant trade across the Island but restaurateurs have reason to be positive, with the new tourist season just around the corner.
Leading the way is The Fairmont Southampton's Ocean Club res...
DATE: May 01, 2009
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NEW YORK (Reuters) - Validus Holdings Ltd, a Bermuda-based provider of insurance and reinsurance, said yesterday it was taking its $1.6 billion all-stock hostile bid for rival IPC Holdings Ltd straight to shareholders.
Validus said earlier in April i...
DATE: May 01, 2009
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Bermuda-based Scottish Re Group Ltd. posted a net loss of $2.71 billion last year, the company announced last night - the biggest loss suffered by any company in the Bermuda insurance sector in 2008.
The life reinsurer, which has ceased writing new b...
DATE: May 01, 2009
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AUTHOR:
Jonathan Kent
Finance Minister Paula Cox has lost her grip on public finances, said the Opposition after credit rating agency Moody's downgraded Bermuda Government bonds.
Acting Shadow Finance Minister Pat Gordon-Pamplin said the Island's first ever downgrade by M...
DATE: May 01, 2009
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AUTHOR:
Jonathan Kent
Bermuda-based reinsurer Endurance Specialty Holdings Ltd.'s enhanced its underwriting and risk management controls and should benefit from hardening reinsurance rates, according to rating agency AM Best.
Best affirmed all the ratings of Endurance and...
DATE: May 01, 2009
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A number of Butterfield Bank customers received a shock last week when they opened their chequing account statements to find they had been charged twice on some items.
A spokesman for Butterfield Bank said that the bank had been affected by a technic...
DATE: May 01, 2009
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VistaPrint Ltd. could be the latest company to leave Bermuda after its board of directors unanimously approved moving the domicile of the publicly-traded parent of the VistaPrint group of companies to The Netherlands.
Subject to approval by the Supre...
DATE: May 01, 2009
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Getting businesses ready in the event of the swine flu pandemic hitting Bermuda will be the focus for an informative seminar held by Expertise Lid. at the Fairmont Hamilton Princess hotel tomorrow.
The presentation, entitled 'Swine Flu: Readying your...
DATE: Apr 30, 2009
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