77160 results returned for search: "" category "Business"
Bermuda-based Catalina Holdings (Bermuda) Ltd has agreed to acquire Glacier Re, the Swiss-based reinsurer in run-off.
The company reveled yesterday that it signed a definitive share purchase agreement on January 7. Terms were not disclosed.
Subject t...
DATE: Jan 13, 2011
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CATEGORY:
International Business
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Bermuda-based re/insurer Aspen Insurance Holdings Ltd today announced that David Kelso will not stand for re-election to the board of directors when his current term expires at the next annual general meeting on April 28, 2011.
Mr Kelso has been a d...
DATE: Jan 13, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) American International Group Inc, the insurer repaying a US bailout, is getting weaker as it sells assets such as Nan Shan Life Insurance Co, former chief executive officer Maurice (Hank) Greenberg said.
“Of course they’re making...
DATE: Jan 13, 2011
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CATEGORY:
International Business
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West Hamilton Holdings Ltd. fell five percent (40 cents) on The Bermuda Stock Exchange (BSX) yesterday.
The developer of the former Bermuda Bakery site traded 22,520 shares to close at $7.60.
Meanwhile Butterfield Bank saw 278 preference shares chang...
DATE: Jan 13, 2011
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CATEGORY:
Bermuda Stock Exchange
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NEW YORK (Reuters) - Banks will meet in New York City today to make their case for the right to sell the US Treasury’s stake in American International Group, three people familiar with the matter said yesterday.
The Treasury will own 92.1 percent of ...
DATE: Jan 13, 2011
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CATEGORY:
International Business
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Accountancy firm Rawlinson & Hunter has named two new partners.
Jim Leitch, CA, TEP, and Francine Mason, CA, TEP have been admitted to the firm’s Bermuda partnership. In a statement, the firm added that both would continue as directors of the trust c...
DATE: Jan 12, 2011
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CATEGORY:
Other
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It's not every day that Ace Ltd CEO Evan Greenberg gives interviews but The Bottom Line's business writer Jonathan Kent was granted the rare opportunity to sit down with the insurance giant to hear what he had to say about Bermuda Inc. Don't miss thi...
DATE: Jan 12, 2011
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CATEGORY:
Other
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Tech entrepreneur McCal Roberts is offering a new service that claims to be able to locate lost or stolen cell phones.
Through his company Mac10 Soft, Mr Roberts is offering the service free to those who sign up during the month of January.
Mr Robert...
DATE: Jan 12, 2011
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CATEGORY:
Technology
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Businesses across Bermuda have been feeling the full impact of people leaving the Island over the past year as the recession bites harder.
One supermarket spokesman estimated that about 3,500 people have exited Bermuda in the last 18 months accountin...
DATE: Jan 12, 2011
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CATEGORY:
Economy
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Bermuda-based reinsurer PartnerRe Ltd yesterday published changes to its financial reporting segment tables on its website.
The new tables, which include an explanatory note listing the lines of business included in each sub-segment, can be found at ...
DATE: Jan 12, 2011
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CATEGORY:
International Business
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