76369 results returned for search: "" category "Business"
LOM (Holdings) Ltd is set to buy back 2.75 percent of its shares after giving notice to the Bermuda Stock Exchange (BSX) yesterday.
The company’s board of directors has authorised management to purchase shares for cancellation at a cost not exceeding...
DATE: May 10, 2011
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CATEGORY:
Other
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It has been three months since my last article (which no doubt helped countless numbers get interviews) and an alarming trend seems to be emerging. As the year progresses, job losses continue; companies are doing more with less and the Government is ...
DATE: May 10, 2011
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CATEGORY:
Bermuda Works
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Inflation hit 2.5 percent in March 2011, driven by the rising cost of healthcare, according to the latest figures released by Government.
The rate of inflation which dropped from the 3.2 percent rate measured in February compares to a 2.3 percent inc...
DATE: May 10, 2011
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CATEGORY:
Economy
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DUBLIN (Reuters) - Ireland’s government is watching to see what concessions it can win on its EU-IMF bailout if Greece is given a new deal to resolve its worsening debt crisis, a senior government minister said yesterday.
“The thing I am interested i...
DATE: May 09, 2011
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CATEGORY:
Economy
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Five domestic companies saw their share prices fall on the Bermuda Stock Exchange last week.
More than half a million shares traded in broker-dealer LOM (Holdings) Ltd, mostly purchased by a company owned by the LOM’s CEO and director Scott Lines. LO...
DATE: May 09, 2011
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CATEGORY:
Bermuda Stock Exchange
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The Bermuda Monetary Authority has issued updated Guidance Notes to the Bermuda market for (re)insurers applying to use an internal capital model (ICM) for regulatory capital purposes. The revised Guidance Notes take into account results from the pil...
DATE: May 09, 2011
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CATEGORY:
Reinsurance
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NEW YORK (Reuters) - Bailed-out insurer AIG wants to keep its one-third stake in Asian insurer AIA Group Ltd rather than sell it off starting later this year, chief executive Bob Benmosche said on Friday.
The surprise comments suggest American Intern...
DATE: May 09, 2011
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CATEGORY:
Reinsurance
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A former Bermuda-based travel agent is now selling the Island as a destination to the rest of the world.
Brenda Warwick, who worked for C-Travel for eight years, has joined established travel agency Largay Travel based in Waterbury, Connecticut.
Ms W...
DATE: May 09, 2011
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CATEGORY:
Other
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Serious investing in earthquake mitigation measures for properties need to be made to protect Americans in areas of high seismic risk.
That was one of the conclusions to come out of the Seismic Risk Mitigation Leadership Forum, which had Bermuda rein...
DATE: May 09, 2011
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CATEGORY:
Reinsurance
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Ram Holdings Ltd posted a $13.5 million net loss for the fourth quarter of 2010.
This compares to net income of $6 million for the same period in 2009.
Net income available to common shareholders for the full year 2010 was $11.8 million or 45 cents p...
DATE: May 09, 2011
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CATEGORY:
Reinsurance
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