76379 results returned for search: "" category "Business"
Bermuda reinsurers' voracious appetite for repurchasing their own shares shows no sign of being sated.
Yesterday, Validus Holdings Ltd said it expected to buy back $238 million worth of its shares as the result of a tender offer, while PartnerRe Ltd ...
DATE: Dec 10, 2010
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Other
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The Association of British Insurers said yesterday that the UK government must be careful in detailing its proposed changes in the taxation of foreign branches of UK companies, warning that the changes may not put into effect its desired outcome, acc...
DATE: Dec 10, 2010
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CATEGORY:
International Business
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The threat to the security of employees from the rising tide of violent crime in Bermuda has become an increasing concern for international companies, a reinsurance boss said yesterday.
Michael Price, chief executive officer of Platinum Underwriters,...
DATE: Dec 10, 2010
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CATEGORY:
International Business
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Entrepreneurs were given an insight into launching their own consultancy business at a seminar held by the Bermuda Small Business Development Corporation (BSBDC) at the Fairmont Hamilton Princess.
The consultant networking seminar, which was attended...
DATE: Dec 09, 2010
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CATEGORY:
Reinsurance
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NEW YORK (Reuters) Investment bankers expect another tough year for insurance sector deals in 2011, although there is hope for the M&A market as insurers come under increasing pressure to show growth coming out of the financial crisis.
Large strategi...
DATE: Dec 09, 2010
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Other
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TORONTO (Reuters) New orders worth about C$285 million for Bombardier Inc business jets show returning demand, but analysts say it may take a while for the company’s backlog to return to pre-recession levels.
Bombardier said yesterday it won orders f...
DATE: Dec 09, 2010
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Other
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SACRAMENTO (Bloomberg) California’s budget gap may widen to $28.1 billion in the next 18 months, according to an estimate from Governor-elect Jerry Brown, who takes charge of the most-populous US state next month.
The estimate takes into account a $2...
DATE: Dec 09, 2010
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Other
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Bermuda-based re/insurer Catlin Group Ltd announced yesterday that its Swiss reinsurance unit had gained approval from Swiss Financial Market Supervisory Authority to begin operating.
Catlin Re Switzerland Ltd. will be capitalised with approximately ...
DATE: Dec 09, 2010
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CATEGORY:
Other
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Residential properties are holding their value well despite the effects of the economic downturn.
That is the view of Buddy Rego, president of Rego Sotheby’s International Realty, who said the price of stand-alone homes had risen 11 percent and condo...
DATE: Dec 09, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
PRAGUE (AP) Thousands of angry state employees walked off the job yesterday across the Czech Republic to protest salary cuts, forcing the closure of hundreds of schools and government offices in what union leaders claimed was one of the largest prote...
DATE: Dec 09, 2010
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CATEGORY:
Other
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