75941 results returned for search: "" category "Business"
The US Congress on Friday approved legislation to increase the borrowing authority of the National Flood Insurance Program (NFIP) by $9.7 billion.
The House of Representatives voted 354-67 to keep the National Flood Insurance Program solvent and abl...
DATE: Jan 07, 2013
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CATEGORY:
Reinsurance
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Butterfield Bank rose one cent (.79 percent) on the Bermuda Stock Exchange yesterday, trading 95,200 shares to close at $1.27.
Overall, the BSX closed at 1,095.22, up 4.74 points (.43 percent), trading 95,200 shares worth $120,904.
DATE: Jan 05, 2013
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CATEGORY:
Bermuda Stock Exchange
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Argus Group fell 10 cents, or 2.8 percent, to close at $3.50 on the Bermuda Stock Exchange yesterday, as 10,000 shares changed hands.
Ascendant Group rose 50 cents, or 4.3 percent, to end at $12 on a volume of 6,000 shares.
BF&M also rose, closing at...
DATE: Jan 04, 2013
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CATEGORY:
Bermuda Stock Exchange
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RenaissanceRe has announced the formation of Upsilon Reinsurance II Ltd, a new Bermuda-domiciled special purpose insurance vehicle that will create additional reinsurance capacity for the global retrocessional reinsurance market.
Upsilon Re II is ca...
DATE: Jan 04, 2013
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CATEGORY:
Reinsurance
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The New Year has only just begun, but students who are serious about pursuing a career in the insurance industry already need to start thinking about what they’re doing this summer.
That’s because the Bermuda Foundation For Insurance Studies (BFIS) ...
DATE: Jan 04, 2013
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CATEGORY:
Reinsurance
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The Royal Gazette / Bermuda Stock Exchange (BSX) Index rose four percent last year as trading turnover surged and the value of insurance-linked securities (ILS) on the Exchange climbed to $5.8 billion.
In a statement reviewing the year, BSX chief exe...
DATE: Jan 04, 2013
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CATEGORY:
Bermuda Stock Exchange
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The US accounted for a higher proportion of the world’s natural catastrophe losses than usual in 2012, due to a series of severe weather-related events. That’s according to a 2012 catastrophe report just released by Munich Re, the world’s largest rei...
DATE: Jan 04, 2013
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CATEGORY:
Reinsurance
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British American Insurance Company creditors and policyholders could get a New Year cash boost.
The company’s four-storey, 11,080-square-feet Front Street building has found a potential buyer, The Royal Gazette has learned.
KPMG Advisory Ltd, agents ...
DATE: Jan 04, 2013
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CATEGORY:
Local Business
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A mystery writ has been filed with Supreme Court against the company behind the proposed St Regis hotel and condos in Hamilton, which at one time was scheduled to open this year.
A company called Smart Firm Investments is taking legal action against ...
DATE: Jan 04, 2013
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CATEGORY:
Local Business
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NEW YORK — The giant insurance company that became the recipient of one of the biggest — and least popular — bailouts in history has a message for the American taxpayer: Hey, thanks a lot!
Just weeks after the Treasury sold off its final stake in AIG...
DATE: Jan 03, 2013
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CATEGORY:
Reinsurance
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