RSSCategory: Business

Bermuda Stock Exchange Report: July 1 2015

Bermuda Stock Exchange Report: July 1 2015

Today [July 1] saw a volume of 13,500 shares trade on the Bermuda Stock Exchange, valued at $22,275.00 BD. All 13,500 shares were traded by Bank of N.T. Butterfield Ltd, closing at an even $1.65 per share. The BSX closed at 1,193.97, also even on the day. There were 0 advances, 0 declines, and 72 remained unchanged. The full report from the BSX is available... Read more of this article

12 Students To Head Overseas For Internships

12 Students To Head Overseas For Internships

This Saturday [July 4] twelve Bermudian undergraduates will be flying off to Atlanta, Chicago or London to start their 2 week BFIS ‘Intro-to-insurance’ summer intern programmes. Each team of four students will be learning in depth about all aspects of the insurance business. Over 30 companies and organizations will be hosting the students for meetings,... Read more of this article

Local Company Featured In Tree Care Magazine

Local Company Featured In Tree Care Magazine

Brown and Company Ltd. has  been featured in the June issue of the Tree Care Industry Magazine in the Accredited Company Profile The magazine is the official publication of the Tree Care Industry Association in the USA and has a circulation of approximately 24,000. The article can be accessed here. The Tree Care Industry Association [formally the National... Read more of this article

Soares Named New Hamilton Rotary President

Soares Named New Hamilton Rotary President

Hamilton Rotary Club, chartered in 1924, welcomed Greg Soares as their 2015/16 Club President today [July 1], with Mr Soares taking over from former President Greg Smith. A former Rotary International Exchange Student [Thailand 1989/90], Mr. Soares outlined his vision this week to Hamilton Rotarians and guests. Greg Smith [left] handing over to new... Read more of this article

$1.2 Million Energy Make-Over For BIOS Centre

$1.2 Million Energy Make-Over For BIOS Centre

A leading ocean research centre is to get an energy make-over that will save it $100,000 a year in costs – helping it to further invest in research and other projects. The Bermuda Institute of Ocean Sciences has signed a 15-year performance contract with Air Care to overhaul its air conditioning and lighting systems. “Due to scheduling requirements... Read more of this article

ACE Limited To Acquire Chubb For $28.3 Billion

ACE Limited To Acquire Chubb For $28.3 Billion

ACE Limited and The Chubb Corporation announced today [July 1] that the Boards of Directors of both companies have unanimously approved a definitive agreement under which ACE will acquire Chubb. The announcement said, “Under the terms of the transaction, Chubb shareholders will receive $62.93 per share in cash and 0.6019 shares of ACE stock. “Based... Read more of this article

Catalina Completes Portfolio Transfer Of Quinn

Catalina Completes Portfolio Transfer Of Quinn

Catalina Holdings [Bermuda] Ltd [Catalina], announced that following receipt of approvals from the Central Bank of Ireland and from the High Court of Ireland, it completed the portfolio transfer of UK and EU insurance liabilities in run-off from Quinn Insurance Limited [under administration] to its wholly owned subsidiary, Catalina Insurance Ireland... Read more of this article

LSAB To Host Legal Dialogue For Students

LSAB To Host Legal Dialogue For Students

On Wednesday 8th July, from 5:30 – 7:30 pm, the Law Students’ Association of Bermuda [LSAB] will be hosting a legal dialogue for the islands law students and final year high school students. A LSAB spokesperson said, “Students will hear from leading practitioners in their respective industry of law. The purpose of this forum is for students... Read more of this article

Montpelier Shareholders Vote For Merger

Montpelier Shareholders Vote For Merger

Bermuda-based Endurance Specialty Holdings Ltd. and Montpelier Re Holdings Ltd. announced that Montpelier common shareholders voted in favour of the proposed merger with Millhill Holdings Ltd., a direct, wholly-owned subsidiary of Endurance, at a special general meeting of Montpelier common shareholders held on June 30, 2015, in Pembroke, Bermuda. It... Read more of this article

East End Recognizes Long Service Employees

East End Recognizes Long Service Employees

East End Group [EEG] has awarded four of its employees, representing 35 years of service, with long service awards, including Lisa Eatherley [20 years], Kira Hines [5 years], Sheila Aguiar [5 years], and Cecilia DaCosta [5 years].EEG CEO Brett Marshall presented the certificates, saying, “We take great pride in supporting our staff as they are our... Read more of this article

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