76407 results returned for search: "" category "Business"
(Bloomberg Business) — Barraged by investment firms eager to manage their life savings, many Americans are making their choice — for nobody. They’re shrugging off investment advisers altogether in the hunt for lower costs, Bloomberg Markets magazine ...
DATE: Jun 20, 2015
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CATEGORY:
Personal Finance
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The head of a Bermuda-based investment fund has been charged with fraud in a complaint lodged by the US Securities and Exchange Commission (SEC).
Dr Hans Black, who controls Interinvest, which has a Bermuda arm, is accused of funnelling millions of d...
DATE: Jun 19, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Scenarios with all the ingredients of a Hollywood disaster movie are now being covered by the insurance-linked securities (ILS) market. From volcanoes and earthquakes rocking New York, Boston, and Washington DC, to a large space rock devastating part...
DATE: Jun 19, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Finance Minister Bob Richards yesterday hit back after Bermuda was put on an EU blacklist as part of bid to crack down on multinational companies dodging tax.
And he pledged to raise the problem with EU officials on a trip to Europe next week.
Mr Ric...
DATE: Jun 19, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Reinsurance firm Arch is considering a $6.56 billion bid for rival firm Axis Capital, according to a UK newspaper report.
Axis is locked in a two-way tussle with Italian investment firm Exor for control of another Bermuda-based reinsurer PartnerRe.
S...
DATE: Jun 19, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A new design-build competition backed by architects and construction firms has been launched.
‘Benched’, which is aimed at students in high school and university, will entail designers, builders and students teaming together to design and create a be...
DATE: Jun 19, 2015
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CATEGORY:
Other
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Utilities firm Ascendant saw 7,100 shares change hands on The Royal Gazette/BSX.
The trades left the firm’s share price unchanged at $5.
The only other trade was 100 Bank of Butterfield preference shares, which also left the price unchanged at $1,135...
DATE: Jun 19, 2015
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CATEGORY:
Other
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Reinsurance firm PartnerRe yesterday urged its shareholders to back a merger with rival Axis Capital — and accused hostile bidder Exor of “misleading or outright false statements”.
The attack on the Italian investment firm, which launched a $6.8 bill...
DATE: Jun 18, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A new philanthropy group for women in business will launch next week.
The new group 100 Women in Hedge Funds (100WHF) has already notched up more than 100 members and will officially launch at the Global Hedge Fund Forum, to be held at the Fairmont S...
DATE: Jun 18, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Major flooding in southern regions of the US and parts of Australia, a killer heatwave in India and a powerful earthquake in Nepal were among the costliest catastrophes in May.
Texas and Oklahoma endured the wettest May on record, with flooding hitti...
DATE: Jun 18, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
