76239 results returned for search: "" category "Business"
Bermuda-based hedge fund administrator Prime Management Ltd. has announced today a deal to service three new risk-linked investment (RLI) portfolios for Elementum Advisors LLC.
Elementum, a Chicago-based alternative investment manager specialising in...
DATE: Jul 13, 2010
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MediaHouse Ltd. has de-listed from The Bermuda Stock Exchange (BSX) with immediate effect, the company announced yesterday.
The company said in a filing to the BSX and in accordance with its shareholder vote held on April 13, 2010, it had de-listed f...
DATE: Jul 13, 2010
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PartnerRe Ltd. has announced three changes to its executive management team, including the appointment of a new chief financial officer (CFO) later this year.
Emmanuel Clarke will become CEO, PartnerRe Global effective from September 1, 2010, Bill Ba...
DATE: Jul 13, 2010
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BERLIN (AP) – Sweden's SEB AB says it is selling its German retail banking business to Banco Santander of Spain in a deal worth 555 million euros ($702 million).
SEB said yesterday that the sale will allow it to concentrate on "core areas of competit...
DATE: Jul 13, 2010
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The US property/casualty industry's net premiums written receded for an unprecedented 10th consecutive quarter as the soft market continued for insurers.
That is according to AM Best Co.'s special report on US property/casualty, which revealed that n...
DATE: Jul 12, 2010
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Shares of Ace Ltd. soared nearly five percent on Friday after the news that the company is to be readmitted to the Standard & Poor's 500 Index.
The global property and casualty insurer, which has substantial operations in Bermuda, was picked to repla...
DATE: Jul 12, 2010
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AUTHOR:
Jonathan Kent
LONDON (Bloomberg) - The number of UK companies missing sales and earnings targets may increase as the government's spending cuts to reduce the budget deficit hit the "fragile" recovery, Ernst & Young said.
While the number of companies issuing profi...
DATE: Jul 12, 2010
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ROME (Bloomberg) - The break-up of the euro area would save the 16-nation region from years of economic stagnation by boosting weaker members' competitiveness as well as domestic demand in Germany to spark growth, Capital Economics said.
"The threate...
DATE: Jul 12, 2010
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NEW YORK (Reuters) - The US stock market landed at a technical crossroads following its best week in a year, yet the potential for positive earnings surprises beginning this week could give an edge to the bulls.
Analysts turned increasingly bearish b...
DATE: Jul 12, 2010
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Argus Group Holdings Ltd. today announced a net full-year loss of $18.4 million - due mainly to the plunge in value of its stake in Butterfield Bank after what chief executive officer Gerald Simons described as a “challenging year”.
The insurer, pen...
DATE: Jul 12, 2010
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AUTHOR:
Jonathan Kent
