76279 results returned for search: "" category "Business"
Bermuda insurance veterans Jim Bryce and Robin Spencer-Arscott have joined the board of directors at Omega Insurance Holdings following a shareholder vote on Friday.
The pair were appointed by a majority vote after a vote, with Mr. Bryce, former IPC ...
DATE: Mar 15, 2010
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RenaissanceRe Holdings Ltd., the Bermuda-based reinsurer, is selling $250 million of debt due in 2020.
The 10-year notes will pay 5.75 percent and are guaranteed by the company, RenRe said in a statement on Friday.
The company expects to close the of...
DATE: Mar 15, 2010
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A budding young Bermudian entrepreneur is hoping to fund his Olympic dream by selling energy saving devices for the home and businesses.
Alex Jones, who owns Power Savers, is training hard in a bid to represent Bermuda at windsurfing in the London 20...
DATE: Mar 15, 2010
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Bermuda stocks plunged to levels not seen since July 2000 last week, driven by Butterfield Bank's 30-percent fall.
The Royal Gazette / Bermuda Stock Exchange (BSX) Index fell 235.39 points, or 15.4 percent over the five trading days, to close on 1,52...
DATE: Mar 15, 2010
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BIRMINGHAM, England (Reuters) - Britain's Liberal Democrats, potential kingmakers in an imminent election, said on Saturday they were confident markets would give politicians time to form a government if no party was an outright winner.
David Laws, a...
DATE: Mar 15, 2010
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UBS urges parliament to back U.S. tax deal -report
+ UBS says other banks would suffer if deal fails -paper
+ Risks for Swiss economy 'very considerable'
+ U.S. could blacklist Switzerland, DBA could be in danger
ZURICH, March 12 (Reuters) - Switzerl...
DATE: Mar 15, 2010
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Argo Group International Holdings Ltd. has announced it has entered into an accelerated share repurchase agreement with Goldman Sachs & Co. for $17.5 million of its common stock.
In addition, Bermuda-based Argo recently repurchased approximately $12....
DATE: Mar 15, 2010
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NEW YORK (Bloomberg) — The dollar and yen fell versus all of their major counterparts as concern eased Greece would default and European and US reports signaled the economic recovery is accelerating, fuelling appetite for riskier assets.
The euro tou...
DATE: Mar 15, 2010
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NEW YORK (Bloomberg) — Lehman Brothers Holdings Inc.'s Richard Fuld exuded confidence as he briefed analysts on June 16, 2008, four days after demoting his firm's finance chief in the wake of a $2.8 billion quarterly loss.
"I am the one who ultimatel...
DATE: Mar 15, 2010
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Bermuda insurance veteran Don Kramer has stepped down as CEO of Ariel Holdings Ltd., five years after founding the company, it was announced late on Friday.
Mr. Kramer, who will become non-executive chairman of the company, will be succeeded in the r...
DATE: Mar 15, 2010
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