75993 results returned for search: "" category "Business"
Employees of Bermuda reinsurer Validus Holdings Ltd rolled up their sleeves to help out at WindReach.
In conjunction with The International Red Cross’s “Red, White and Do Day”, they assisted with general maintenance tasks at the therapeutic riding st...
DATE: May 19, 2011
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CATEGORY:
International Business
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R C Kwok has retired as a director from the boards of five companies, in a filing to the Bermuda Stock Exchange.
In the filing dated May 12, 2011, the Jardine Group of Companies announced that Mr Kwok was stepping down from the boards of Jardine Math...
DATE: May 19, 2011
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CATEGORY:
International Business
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Shares of Bermuda-based White Mountains Insurance Group Ltd soared 15 percent on the New York Stock Exchange yesterday after the company agreed to sell its Esurance unit to Allstate Corp in a $1 billion deal.
Esurance is one of the largest sellers of...
DATE: May 19, 2011
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CATEGORY:
Reinsurance
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In an uncertain world, there are few countries that offer investors a lower level of risk than Canada, according to HSBC's Canadian economist Stewart Hall.
Toronto-based Mr Hall, who visited Bermuda yesterday to speak with HSBC Bermuda staff and inve...
DATE: May 19, 2011
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CATEGORY:
Economy
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SAN FRANCISCO (Bloomberg) Microsoft Corp said its Xbox 360 player was the top-selling video-game console in the US last month with 297,000 units purchased at retail. Xbox 360 sales were up 60 percent from a year earlier, Redmond, Washington-based Mic...
DATE: May 18, 2011
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CATEGORY:
Technology
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NEW YORK (Reuters) Sony Corp was unapologetic about its delay in informing the more than 100 million customers of its PlayStation Network whose account information was stolen by hackers last month.
In a stark departure from the remorseful tone struck...
DATE: May 18, 2011
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CATEGORY:
Technology
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LONDON (Reuters) UK competition authorities are to probe the stranglehold of the world’s biggest accountancy firms on British blue-chip company audits after finding evidence of anti-competitive behaviour.
The Office of Fair Trading (OFT) said dominan...
DATE: May 18, 2011
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CATEGORY:
International Business
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Catlin Group chief executive officer Stephen Catlin yesterday called for more transparency from insurance brokers.
The boss of the Bermuda-based re/insurer estimated that his firm paid £425 million ($688 million) on “process” done by brokers without ...
DATE: May 18, 2011
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CATEGORY:
Reinsurance
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Some 2,400 XL employees in 22 countries worked on more than 150 projects during XL’s sixth annual Global Day of Giving.
The Global Day of Giving, one of many events that XL is holding this year to mark its 25th anniversary, is dedicated to supporting...
DATE: May 18, 2011
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CATEGORY:
Reinsurance
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NEW YORK (Reuters) The court-appointed trustee and others seeking money for Bernard Madoff’s customers were paid $318.4 million through the end of March more than the sum available to be paid out to the victims.
Trustee Irving Picard said he has reac...
DATE: May 18, 2011
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CATEGORY:
International Business
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