76343 results returned for search: "" category "Business"
NEW YORK (Bloomberg) Maurice (Hank) Greenberg, the former American International Group Inc chief executive officer, seeks to break new ground in lawsuits challenging the US takeover of the insurer in a bailout that reached $182 billion.
Greenberg’s S...
DATE: Dec 05, 2011
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CATEGORY:
Reinsurance
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Ninety percent of all businesses in Bermuda use computers, but the industry that services them has seen a general contraction in employment, trade, investment and contribution to Bermuda’s GDP in 2010.
The Government released the 2010 Information and...
DATE: Dec 05, 2011
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CATEGORY:
Other
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Butterfield Bank customers have been experiencing further problems with the bank’s new online banking system, including transactions failing to appear in accounts and the absence of a payer’s ID when they make a payment so the payee doesn’t know who ...
DATE: Dec 05, 2011
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CATEGORY:
Other
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Butterfield Bank dropped 2.5 percent (three cents) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 89,500 shares to close at $1.17.
Argus Group Holdings Ltd also saw 37 shares change hands, but its share value held firm at $4.55.
Overa...
DATE: Dec 03, 2011
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CATEGORY:
Bermuda Stock Exchange
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The question that I hear asked the most about the current financial crisis that we are living through is: “Why has a mortgage crisis and real estate crash in the US affected the entire global economy?” The answer to that question is that the vast cha...
DATE: Dec 03, 2011
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CATEGORY:
Personal Finance
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NEW YORK (Bloomberg) Bermuda-based Assured Guaranty Ltd, the bond insurer cut two steps by Standard & Poor’ yesterday, jumped the most in more than seven months after the ratings firm kept its grades in the same tier and said its businesses maintaine...
DATE: Dec 02, 2011
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CATEGORY:
Reinsurance
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The South of England Protection and Indemnity Association (Bermuda) Ltd (SEPIA) is set to be wound up following an order by the Supreme Court of Bermuda.
KPMG partners Michael Morrison and Charles Thresh have been appointed as joint provisional liqui...
DATE: Dec 02, 2011
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CATEGORY:
Reinsurance
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Axis Capital Holdings Ltd has announced that its Axis Insurance segment has appointed John Van Decker as executive vice-president and head of North American professional lines.
In the newly-created position, Mr Van Decker will be responsible for over...
DATE: Dec 02, 2011
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CATEGORY:
Reinsurance
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Alternative Energy Systems (Bermuda) Ltd. (AES) yesterday announces it has been given approval by Gorham’s True Value Home Centre to complete the second installation of the photovoltaic solar energy system to generate electricity at its store in Pemb...
DATE: Dec 02, 2011
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CATEGORY:
Local Business
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The Bermuda Monetary Authority (BMA) has announced that two of its graduate trainees have reached the final stage of their training under the organisation’s Graduate Training Programme (GTP) with secondments in the UK and Switzerland in the New Year....
DATE: Dec 02, 2011
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CATEGORY:
Other
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