76340 results returned for search: "" category "Business"
Insurance brokerage Aon Corp said it plans to focus on stock buybacks as it seeks to boost shareholder returns.
“We do not believe there’s a significant acquisition on the horizon,” Aon’s chief financial officer Christa Davies said on Friday on a con...
DATE: Feb 06, 2012
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CATEGORY:
Reinsurance
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Capital G announced three senior appointments in their risk and accounting departments.
Frank Morisano has been appointed to the newly created position of executive vice-president, chief risk officer with responsibility for the Group’s credit, marke...
DATE: Feb 06, 2012
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CATEGORY:
Local Business
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BERN, Switzerland (Bloomberg) Axa SA, Europe’s second-biggest insurer, said total issuance of bonds designed to protect insurers from the risk of paying out on natural disasters could increase by 30 percent to $6 billion this year.
“More new sponsors...
DATE: Feb 06, 2012
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CATEGORY:
Reinsurance
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Residents who have caught on to the scrapbooking craze as a hobby will soon have a speciality store to pick up their supplies from.
Corrine Parris, owner of longtime party supplies store Surprise, on North Shore Road in Hamilton Parish, is opening a ...
DATE: Feb 06, 2012
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CATEGORY:
Local Business
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The stock market slump of 2011 was meant to have been caused by European economic uncertainty and the possibility of the Eurozone’s violent implosion.
The euro crisis still seems far from being resolved. However, the markets at least outside of the ...
DATE: Feb 04, 2012
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CATEGORY:
Personal Finance
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Some 4,500 shares in Butterfield Bank traded yesterday on the Bermuda Stock Exchange (BSX), the price closing unchanged at $1.20.
Overall the Index was unchanged, finishing the day at 1,065.30.
The BSX Insurance Index closed up 1.45 percent, or 15, a...
DATE: Feb 04, 2012
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based insurer Validus Holdings Ltd said it may be on the hook for $50 million to $65 million for the Costa Concordia shipwreck, according to its 2011 earnings results.
Validus’s estimate of its own losses are based on its prediction that the ...
DATE: Feb 03, 2012
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CATEGORY:
Other
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Butterfield Bank shot up 10 cents (9.09 percent) on the Bermuda Stock Exchange with 32,700 shares trading to close at $1.20. Butterfield Bank Preferred also rose $5 (.40 percent) with 62 shares trading to close at $1235. KeyTech also jumped 4 cents (...
DATE: Feb 03, 2012
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CATEGORY:
Bermuda Stock Exchange
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Quantum Communications has been given a licence by Government that allows 100 percent foreign ownership. And LinkBermuda yesterday confirmed that this will allow it to increase its ownership of Quantum to 100 percent.
International service provider L...
DATE: Feb 03, 2012
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CATEGORY:
Local Business
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Bermuda Police last night warned the public the Ponzi or pyramid-type schemes may be in operation or being promoted on the Island.
A Police spokesman said they were working with the Bermuda Monetary Authority and Consumer Affairs to investigate the p...
DATE: Feb 03, 2012
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CATEGORY:
Other
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