76001 results returned for search: "" category "Business"
Bermuda-based supertankert 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 Noridc’s fleet up to 19 suezmax vessels, each of approximately...
DATE: Dec 07, 2010
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NEW YORK (Reuters) MetLife Inc expects operating earnings to grow more than a third next year as the largest US life insurer benefits from its blockbuster acquisition of global life insurer Alico.
The company expects operating earnings to decline acr...
DATE: Dec 07, 2010
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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 07, 2010
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NEW DELHI (Bloomberg) India aims to raise the limit on foreign direct investment in insurance industry to attract companies in the $41 billion market, according to Montek Singh Ahluwalia, deputy chairman of the nation’s Planning Commission.
“I am hop...
DATE: Dec 07, 2010
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KeyTech Ltd. spent nearly $3 million on staff separation expenses in the six-month period through September as it trimmed its workforce, the company revealed yesterday.
The group, which owns the Bermuda Telephone Company, M3 Wireless and Logic Commun...
DATE: Dec 07, 2010
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AUTHOR:
Jonathan Kent
Bermuda Press (Holdings) Ltd shares soared 12.5 percent on light volume in Bermuda Stock Exchange (BSX) trading yesterday.
The company, which owns a portfolio of media, printing, retail and real estate interests including The Royal Gazette newspaper,...
DATE: Dec 07, 2010
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NEW YORK (AP) Stocks spent most of yesterday in a funk brought on by cautious comments about the economy from Federal Reserve chairman Ben Bernanke. Hopes for a compromise on extending Bush-era tax cuts and unemployment benefits erased some of the lo...
DATE: Dec 07, 2010
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NEW YORK (Bloomberg) William Conway, the deal maker who helped build Carlyle Group into the world’s second-biggest private-equity firm, said the company is gearing up for a public share sale to amass permanent capital and contend with the growing cha...
DATE: Dec 07, 2010
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The man nicknamed “Mr Solvency II” said in Hamilton yesterday that he hoped Bermuda’s efforts to gain equivalency with the new European insurance rules would be successful.
Karel Van Hulle, who has spearheaded the development of new European Union in...
DATE: Dec 07, 2010
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AUTHOR:
Jonathan Kent
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 07, 2010
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