75993 results returned for search: "" category "Business"
TOKYO (Bloomberg) Japan’s biggest non-life insurers may have to pay higher reinsurance rates when they are reviewed next month after the nation’s strongest earthquake.
Revisions will be affected in the aftermath of the March 11 temblor and subsequent...
DATE: Mar 25, 2011
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CATEGORY:
Reinsurance
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The Florida State Senate has signalled its opposition to US plans to levy more tax from Bermuda reinsurers.
The memorial passed by the legislature in the Sunshine State puts on record its opposition to plans in US President Barack Obama’s budget to a...
DATE: Mar 25, 2011
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CATEGORY:
Reinsurance
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Capital G Ltd has announced the appointment of experienced financial services consultant Clarendon Hugh (Hal) Masters as a director of Capital G Bank Ltd and Capital G Ltd, effective immediately.
Mr Masters is president and a director of Midsea Consu...
DATE: Mar 25, 2011
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CATEGORY:
Other
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Fairmont Bermuda yesterday announced three new appointments and promotions of Bermudian staff.
As a 25-year veteran of Fairmont Bermuda, Andre Binns has rejoined the team at The Fairmont Hamilton Princess as Fairmont Gold Manager after retiring in 2...
DATE: Mar 25, 2011
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CATEGORY:
Other
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Bermudians need to be realistic about their expectations if they want to work in the hospitality industry.
That was the message from Philip Barnett, chairman of the Bermuda Chamber of Commerce nightclub and restaurant division, who was speaking at a ...
DATE: Mar 25, 2011
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CATEGORY:
Other
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Bermuda-based hedge fund Nephila Capital is expected to suffer losses through its exposure to the Japanese earthquake, according to a report citing two investor sources on MarketWatch yesterday.
The $2 billion fund, which invests in catastrophe bonds...
DATE: Mar 25, 2011
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CATEGORY:
Reinsurance
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Bermuda Aviation Services Ltd rose 22.22 percent (90 cents) on The Bermuda Stock Exchange (BSX) yesterday.
The transportation company traded 100 shares to close at $4.95.
The only other trader was Butterfield Bank, which fell 3.07 percent (four cents...
DATE: Mar 25, 2011
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CATEGORY:
Bermuda Stock Exchange
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NEW YORK (Bloomberg) The former chairman of Bermuda-based Genpact Ltd, Rajat Gupta, invoked his Fifth Amendment right not to incriminate himself when the US Securities and Exchange Commission sought to question him, a prosecutor said.
Shortly before ...
DATE: Mar 25, 2011
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CATEGORY:
International Business
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It’s time for investors to reconsider the “riskiness” that many associate with investing in emerging markets - because the fundamentals are in many cases better than developed markets.
That is the view of Christian Deseglise, the managing director an...
DATE: Mar 25, 2011
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CATEGORY:
Personal Finance
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Bermuda needs to build another pillar to its economy in order to adapt to a changing global market, according to Premier and Finance Minister Paula Cox.
Ms Cox, who was the keynote speaker at the 2011 American Central Securities Depositories Associat...
DATE: Mar 25, 2011
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CATEGORY:
Economy
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