76318 results returned for search: "" category "Business"
Re/insurers are almost 100 percent compliant with a self-imposed contract certainty code of practice, according to results released by the Association of Bermuda Insurers and Reinsurers (ABIR).
The code (published on the ABIR website at www.abir.bm),...
DATE: Oct 26, 2009
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For those who doubted the power of a flood of liquidity — provided by the world's central banks — to turn around depressed asset markets, the evidence is now plain for all to see. Over the past six months there has been a tremendous surge in many ass...
DATE: Oct 26, 2009
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NEW YORK (Reuters) - AIG, the insurer that received a huge government bail out, said on Friday it is paying $12.1 million in retention awards to some top executives after US pay czar Kenneth Feinberg gave it the green light.
In a regulatory filing, A...
DATE: Oct 26, 2009
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NEW YORK (Bloomberg) — Reinsurance companies may face higher claims costs because of inflation, an insurance consulting group said.
Several years can pass between when rates are set and when claims pay out, causing inflation to add to costs for rebui...
DATE: Oct 26, 2009
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CHICAGO (Reuters) - Federal prosecutors in the Galleon Group case have sent a subpoena to a former employee of SAC Capital Advisors, a sign that the scope of the probe into the largest hedge fund insider trading case in history is expanding, the Wall...
DATE: Oct 26, 2009
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Government said it was not surprised by a lack of confidence in the economy borne out by figures from a survey conducted by Research.bm on behalf of this newspaper.
The independent study of 400 Bermuda residents aged 18 or above during the third quar...
DATE: Oct 26, 2009
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The College Board recently issued its annual report on the pricing trends for getting a college education.
For as long as I can recall, the trend has been troubling. The cost to attend college keeps going up - often faster than inflation. And the amo...
DATE: Oct 24, 2009
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Q. Can I expect my ConocoPhillips shares to improve in performance? — CG, via the Internet
A. The third-largest US oil company, an aggressive leader in acquisitions earlier in this decade, had to end its free-spending ways because of weak demand and ...
DATE: Oct 24, 2009
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Insurance was the place to be on The Bermuda Stock Exchange (BSX) yesterday.
BF&M Ltd. saw its share price rise 70 cents (4,6 percent) to $16, with 6,200 shares traded, while Argus Group Holdings Ltd. fell five cents (0.5 percent) to $9.10, as 5,500 ...
DATE: Oct 24, 2009
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If you have worked all of your life in Bermuda, having entered industry employment at age 20 and you plan to cash out at the conventional age of 65, you've been accustomed to receiving a paycheque each week, or month for more than 45 years. The assum...
DATE: Oct 24, 2009
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