2488 results returned for search: "" category "Other" author Scott Neil
Cooper Industries and Foster Wheeler, both based in Bermuda, are participating in the Bear Stearns 3rd Annual Commodities & Capital Goods Conference to be held in New York on November 28.
There will be a presentation and comments by Cooper's senior ...
DATE: Nov 19, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Giant UK-based global investment management company Invesco, which has more than $450 billion of assets under management, has decided to switch from London to Bermuda.
And as part of its "go west" move the financial heavyweight is also shifting its p...
DATE: Nov 15, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Two collaterised debt obligations of Bermuda-based Security Capital Assurance, representing $792 million, have been downgraded from AAAs, one to BBB and the other to CCC by Fitch.
In a statement regarding the ratings downgrades and affirmations for g...
DATE: Nov 14, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Staying away from the herd in the crowded insurance and reinsurance sector is continuing to pay rewards for 2005 start-up Flagstone Re, which has just made a $66 million profit for the third quarter.
The company's philosophy of looking for growth opp...
DATE: Nov 13, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Former Argo Group International chief financial officer Robert Myron is to join Hanover Insurance Group.
Mr. Myron will join the insurance company as director of corporate finance and treasurer, overseeing corporate finance and supporting business de...
DATE: Nov 13, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Aspen Insurance Holdings Limited has entered into an accelerated share repurchase program with Goldman, Sachs & Co. to buy back $50 million of Aspen's ordinary shares, completing the $300 million share repurchase program authorised by the Board of Di...
DATE: Nov 13, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Shares of Bermuda-based ACE Limited look good for investors, according to the latest report from Zack Investment Research.
It has included ACE amongst four companies currently identified by its Upgrades and Revisions Profit Track.
Giving reasons for ...
DATE: Nov 09, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Bacardi has bought a rural piece of land in Scotland a few miles from the birthplace of legendary Liverpool Football Club manager Bill Shankly.
The Bermuda-headquartered global drinks company has snapped up 106 acres of countryside that will be used ...
DATE: Nov 09, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Insurers and reinsurers are likely to take the full hit of subprime-associated directors and officers insured losses next year and in 2009.
According to global risk and reinsurance specialist Guy Carpenter & Company, which is part of the Marsh & McLe...
DATE: Nov 08, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Inflation has dropped below four percent for the first time since April this year.
The monthly rate fell to 3.6 percent during September, helped by cheaper foreign-travel costs for Bermuda residents.
That was the only section of the economy to record...
DATE: Nov 08, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
