75993 results returned for search: "" category "Business"
NEW YORK(Reuters) - American International Group’s bid to take back $15.7 billion in risky mortgage bonds may inject fresh confidence in a market where investors had started to question a nearly two-year rally.
AIG said it made the offer to the Feder...
DATE: Mar 14, 2011
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CATEGORY:
Reinsurance
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Two insurance companies set up in Bermuda during February bringing the total number formed this year to three.
Signal Risk Insurance Ltd was incorporated by Aon Insurance Manager (Bermuda) Ltd. on February 10.
Haverford (Bermuda) Ltd, a 3A class insu...
DATE: Mar 14, 2011
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CATEGORY:
Economy
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A delegation of 20 regulators, captive managers, brokers, lawyers and accountants will be flying the flag for Bermuda at the Captive Insurance Companies Association 2011 International Conference held in Tucson, Arizona this week.
Shelby Weldon, direc...
DATE: Mar 14, 2011
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CATEGORY:
Reinsurance
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The annual rate of inflation hit 2.2 percent during January 2011, according to the latest figures released by Government.
The Consumer Price Index revealed that inflation was at its lowest since August 2010 when it was two percent.
The health and per...
DATE: Mar 14, 2011
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CATEGORY:
Economy
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Butterfield Bank shares rose 3.1 percent last week to propel the Bermuda Stock Exchange to a positive five days of trading.
The bank climbed four cents to $1.34 as 22,992 shares changed hands. Butterfield’s preference shares also rose by $1, or 0.1 p...
DATE: Mar 14, 2011
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CATEGORY:
Bermuda Stock Exchange
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HSBC’s insurance management operations have been acquired by Kane Group, a provider of specialist risk and insurance management services, for $27.5 million in cash, creating the world’s largest independent insurance manager.
HSBC Bank Bermuda Ltd., H...
DATE: Mar 14, 2011
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CATEGORY:
International Business
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Q: What’s the outlook for my shares of Adobe Systems Inc.? They have disappointed. M.A., via the internet
A: Coming off a lacklustre year, this pioneering software company that is famous for its Flash, Photoshop, Illustrator and Acrobat products shou...
DATE: Mar 12, 2011
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CATEGORY:
Personal Finance
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WASHINGTON - As the parent of a soon-to-be college student, I’m privy to a lot of conversations other parents have about their child’s chances of getting significant scholarship or grant money.
I have one word to describe many of these conversations:...
DATE: Mar 12, 2011
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CATEGORY:
Personal Finance
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KeyTech Ltd. fell 13.44 percent (94 cents) on The Bermuda Stock Exchange (BSX) yesterday.
The telecommunications provider traded 4,400 shares to close at $6.05 for the day.
Butterfield Bank’s preference shares also rose 0.08 percent ($1) to $1,236 wi...
DATE: Mar 12, 2011
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CATEGORY:
Bermuda Stock Exchange
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Butterfield Bank rose 5.51 percent (seven cents) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 1,900 shares to close at $1.34.
But Argus Group Holdings Ltd. fell 3.15 percent (15 cents) to $4.60 with 200 shares changing hands.
The In...
DATE: Mar 11, 2011
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CATEGORY:
Bermuda Stock Exchange
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