76342 results returned for search: "" category "Business"
HOUSTON (Bloomberg) R. Allen Stanford’s defence experts were ordered to keep preparing for the former financier’s trial over an alleged $7 billion investment fraud by a U.S. appellate court that also agreed to pay their back wages.
All of Stanford’s ...
DATE: Jan 06, 2012
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CATEGORY:
International Business
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LONDON (Bloomberg) Oslo Boers, Norway’s stock exchange, said it ended an investigation into trading of shares in Frontline Ltd before the tanker company announced it planned to split in two. The probe found no grounds to report trading to the country...
DATE: Jan 06, 2012
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CATEGORY:
International Business
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Bank of Butterfield fell 1.75 percent (two cents) to $1.12 on the Bermuda Stock Exchange (BSX) yesterday with a total of 11,400 shares trading hands.
Utility company Ascendant Group also dropped 0.07 percent (one cent) to finish at $13.26 on a volume...
DATE: Jan 06, 2012
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based Catlin Group Ltd has announces that it has formed a partnership with two specialist risk management consultancies that will enhance the services it offers to clients with hijack, kidnap, extortion and wrongful detention exposures.
The p...
DATE: Jan 06, 2012
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CATEGORY:
Reinsurance
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Customers could be seen waiting to cash in on discounted culinary wares at a local cook shop holding its first-ever sale today as retail discounts continue to attract people to shop in Hamilton.
Lines were seven people deep at the two-register front...
DATE: Jan 06, 2012
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CATEGORY:
Local Business
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The OIL Group of Companies has announced the promotion of Robert Foskey to senior vice-president and chief actuary, effective from the start of this year.
Mr Foskey joined the OIL Group in May 2007 as senior actuary and has progressively assumed resp...
DATE: Jan 06, 2012
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CATEGORY:
Reinsurance
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Butterfield Bank has announced that former HSBC senior executive Brendan McDonagh will be put up for election to the board of directors as executive chairman at the shareholders’ annual general meeting (AGM) on May 1.
Mr McDonagh, who was previously ...
DATE: Jan 06, 2012
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CATEGORY:
Local Business
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XL Group plc and its subsidiaries have announced that the XL Group of companies has received final approval from the Brazilian re/insurance regulator Superintendencia de Seguros Privados (SUSEP) to set up an insurance operation in the country.
XL Seg...
DATE: Jan 06, 2012
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CATEGORY:
Reinsurance
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Hotel jobs increased by 84 positions and industry revenue jumped almost 20 percent in the third quarter of 2011.
According to the Quarterly Bulletin of Statistics, distributed by the Department of Statistics, revenue for the hotel industry in Bermuda...
DATE: Jan 06, 2012
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CATEGORY:
Economy
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NEW YORK (Bloomberg) Reinsurance brokers say the most expensive year for natural disasters didn’t drive coverage prices higher across the industry when policies were renewed on January 1.
Reinsurers’ strong capital base meant only insurance policies ...
DATE: Jan 06, 2012
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CATEGORY:
Reinsurance
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