76193 results returned for search: "" category "Business"
Bermuda-based Allied World Assurance Company Holdings Ltd. yesterday announced that its Bermuda and London operations, together with Latin American Underwriters (LAU), will begin underwriting trade credit and political risk insurance, effective immed...
DATE: Oct 08, 2010
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XL Group plc chief executive officer Mike McGavick has dismissed claims that he might be tempted to return to US politics.
A report last month from FBR Capital Markets speculated that XL was an attractive takeover target for larger insurers and sugge...
DATE: Oct 08, 2010
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AUTHOR:
Jonathan Kent
The Fairmont Southampton has announced that its Willow Stream spa has been recognised as one of the "Top Hotel Spas in the Caribbean" in the Travel and Leisure 15th annual World's Best Awards Readers' Poll.
The Willow Stream Spa was ranked eighth wit...
DATE: Oct 08, 2010
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LONDON (BestWire) - On the strength of strategic corporate decisions on domiciling and investment, Switzerland is emerging as an important insurance center, according to Nick Bacon, chief executive officer of broker Bowring Marsh.
A survey by Bowring...
DATE: Oct 08, 2010
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NEW YORK (AP) — PepsiCo Inc.'s third-quarter net income rose 12 percent on strong sales gains abroad and strength in its drinks and Frito-Lay snacks.
The company lowered the top end of its guidance for the fiscal year because of investments to expand...
DATE: Oct 08, 2010
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LONDON (AP) — Average house prices in Britain fell 3.6 percent in September from a month earlier, the country's biggest mortgage lender said yesterday, although analysts believe the market isn't that weak. Halifax said its more accurate three-month a...
DATE: Oct 08, 2010
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Shares of Butterfield Bank dipped 6.7 percent yesterday, delivering a blow to The Royal Gazette/Bermuda Stock Exchange Index.
The bank fell 10 cents to close the day on $1.40, as 37,448 shares changed hands.
No other local stocks traded on the BSX.
T...
DATE: Oct 08, 2010
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Capital G Bank Ltd. and First Bermuda Group (FBG) have agreed to merge in a deal that is expected to close within the next six weeks.
If the amalgamation is finalised, the new combined entity will have deposits in excess of $1.2 billion, a loan portf...
DATE: Oct 08, 2010
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AUTHOR:
Jonathan Kent
BOSTON (Reuters) - General Electric Co marked its return to the takeover track with its first major deals since the start of the financial crisis, for a maker of engines used in oil and gas production and a credit card portfolio.
The largest US congl...
DATE: Oct 08, 2010
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Alternative Energy Systems (Bermuda) Ltd. (AES) yesterday announced it had been awarded a contract by Gorham's True Value Home Centre to engineer, design, supply and install a photovoltaic solar energy system to generate electricity at its store in P...
DATE: Oct 08, 2010
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