76001 results returned for search: "" category "Business"
It’s a tale of two houses, captured on a dramatic video.
Two wooden, three-bedroom houses, side by side, when a 95 mph wind starts raging.
Within a few moments one of the homes is reduced to a pile of debris by the violent gusts, while the other stan...
DATE: Dec 08, 2010
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AUTHOR:
Jonathan Kent
Alterra Capital Holdings Ltd has hired Daniel Gamble from Bermuda rival Arch Capital to be managing director of its US unit.
Mr Gamble has more than 15 years experience in professional liability underwriting, most recently as executive vice-president...
DATE: Dec 08, 2010
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SYDNEY (Reuters)- Australia’s central bank kept its key cash rate unchanged at 4.75 percent yesterday, a widely expected decision following a pre-emptive hike last month, and is thought likely to remain on hold for a few months to come.
The Australia...
DATE: Dec 08, 2010
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DUBLIN (Reuters) The Irish government detailed the toughest budget on record yesterday, targeting six billion euros in spending cuts and tax hikes, and warning passage was crucial to avert a deeper crisis and free up EU and IMF rescue funds.
In a spe...
DATE: Dec 08, 2010
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Bermuda-based supertanker operator Nordic American Tanker Shipping Ltd yesterday took delivery of the Nordic Vega, a suezmax newbuilding, built at a Far Eastern yard.
The new vessel took Nordic’s fleet up to 19 suezmax vessels, each of approximately...
DATE: Dec 08, 2010
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Insurers Argus Group Holdings Ltd and BF&M Ltd moved in opposite directions in Bermuda Stock Exchange (BSX) trading yesterday.
Argus climbed nine cents, or 1.7 percent, to close on $5.25 as 1,100 shares changed hands.
BF&M’s stock price fell 40 cents...
DATE: Dec 08, 2010
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Bermuda-based re/insurer Endurance Specialty Holdings Ltd yesterday said Steven Dresner will assume responsibility for the company’s specialty insurance business unit, managing programmes with Managing General Underwriters (MGUs) as well as developin...
DATE: Dec 08, 2010
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BRUSSELS/ATHENS (Reuters) The head of the International Monetary Fund yesterday criticised Europe’s disjointed response to the euro zone debt crisis after Germany and other states resisted his calls for bolder action.
IMF Managing Director Dominique ...
DATE: Dec 08, 2010
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Catlin Group chief executive officer Stephen Catlin doubts whether the new European insurance rules known as Solvency II will be ready to be applied consistently in different countries by the time they are supposed to take effect.
Mr Catlin, who head...
DATE: Dec 08, 2010
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NEW YORK Do you have 157 channels and nothing on? Not if your TV is connected to the internet. There’s a wealth of movies and TV shows available, often at reasonable prices and sometimes even free. And it’s getting easier and easier to connect TVs to...
DATE: Dec 08, 2010
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