75814 results returned for search: "" category "Business"
Dear Dave,
I’ve always heard that you shouldn’t ask a family member to be the executor of your will. What are your feelings about this?
JOYCE
Dear Joyce,
I don’t necessarily agree with this line of thinking. In my mind, a family member who is compete...
DATE: May 07, 2016
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CATEGORY:
Personal Finance
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TORONTO (Bloomberg) — The wildfires spreading around Canada’s oil-sands hub of Fort McMurray may become the costliest catastrophe in the country’s history with losses potentially reaching C$9.4 billion ($7.3 billion).
Insurance losses could reach tha...
DATE: May 06, 2016
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CATEGORY:
Reinsurance
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About 60 miles north of Kingston, Jamaica, in the jungles surrounding Port Antonio, there is a course in offshore regulatory compliance.
On any given day, participants experience temperatures in the high 80s with humidity about 70 per cent. The humi...
DATE: May 06, 2016
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CATEGORY:
Other
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From small beginnings great things can grow, and that’s what Chris Perinchief is aiming for with his new carwashing business in the east end.
He is a co-owner of Shine on Time Carwash, which has been set up on a section of Ship’s Wharf, on St David’s...
DATE: May 06, 2016
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
NEW YORK (Bloomberg) — Third Point Reinsurance Ltd, the company that counts on hedge fund manager Dan Loeb to oversee investments, posted its fourth loss in seven quarters as the portfolio slumped and underwriting was unprofitable.
The first-quarter ...
DATE: May 06, 2016
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CATEGORY:
Reinsurance
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NEW YORK (Bloomberg) — Evan Greenberg, who built one of the world’s largest insurers by combining Ace Ltd and Chubb this year, sought to portray the merged company as a more stable alternative than hobbled rivals who are seeking to rebound.
“When the...
DATE: May 06, 2016
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CATEGORY:
Reinsurance
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Argus Group shares added 29 cents, or 7.8 per cent, to close at $3.99 after 30,000 were traded on The Royal Gazette/BEX Index.
No other shares were exchanged, with the index rising 5.76 points, or 0.5 per cent, at 1,165.71.
The BSX Insurance Index cl...
DATE: May 06, 2016
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CATEGORY:
Bermuda Stock Exchange
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Butterfield Bank is looking into the possibility of listing its shares on a US stock index in order to increase its ability to raise capital and provide more liquidity for shareholders.
In addition, the bank is mulling the possibility of placing its ...
DATE: May 06, 2016
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CATEGORY:
Other
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KeyTech and CellOne have created a new full-service telecommunications combination, sealing a series of linked deals involving both companies and US-based Atlantic Tele-Network.
Frank Amaral will lead the combined company. For the past seven years he...
DATE: May 05, 2016
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Frederic Reiss assisted the Ohio-based mining company Youngstown Sheet & Tube Company, to establish subsidiaries, later known as captives, which exclusively insured the company’s mining operations. The captive insurance concept was thus born as a sop...
DATE: May 05, 2016
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CATEGORY:
Other
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