76340 results returned for search: "" category "Business"
IPC Holdings Ltd. shareholders have been recommended to vote in favour of the company's merger with Max Capital Group Ltd. by two proxy advisory firms.
Glass Lewis & Co. and Proxy Governance Inc. have each recommended that IPC shareholders vote on th...
DATE: Jun 03, 2009
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HAMILTON, BERMUDA, Jun 02, 2009 (MARKETWIRE via COMTEX) -- Seadrill Limited has successfully secured commitments for a senior secured credit facility in the amount of US$1.5 billion with a group of various commercial lending institutions and export c...
DATE: Jun 03, 2009
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TORONTO (Reuters) - Toronto's main stock index ended slightly lower yesterday as lower oil prices weighed on the energy sector, but an extended rally by bank shares after last week's earnings helped to cushion the fall.
Energy companies crowded the l...
DATE: Jun 03, 2009
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NEW YORK (AP) - Investors slowed their move into the market from a sprint to a walk.
Stocks tacked on modest gains yesterday to extend a rally to a fourth day following a strong rise in pending home sales, the latest encouraging signal for the troubl...
DATE: Jun 03, 2009
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LONDON (Bloomberg) — Omega Insurance Holdings Ltd., a Lloyd's of London insurer, made a stock or cash offer to buy underwriting capacity at the London market for 2010 and subsequent years.
Omega will pay 0.3 common shares for every £1 ($1.60) of capa...
DATE: Jun 03, 2009
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NEW YORK (Bloomberg) — Primary insurers and reinsurance companies are "overly optimistic" about the outlook for casualty claims that may arise years into the future, Axis Capital Holdings Ltd. chief executive officer John Charman said.
"I've been ext...
DATE: Jun 03, 2009
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Crime and safety is one of the most pressing concerns facing Bermuda and its business community, according to the Chamber of Commerce's new president Stephen Todd.
Mr. Todd, who took over the Chamber hotseat at its Annual General Meeting in April, to...
DATE: Jun 03, 2009
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Argo Group International Holdings Ltd. has renamed its Lloyd's business as a continuation of the integration of its London operation which was acquired last year.
The international specialty re/insurance underwriter has changed the name of Heritage M...
DATE: Jun 03, 2009
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Bermuda-based Butterfield Fulcrum Group has been named Best Single Manager Administrator at the inaugural HFMWeek European Service Provider Awards.
The alternative investments specialist beat out five other firms in the category on the basis of "fina...
DATE: Jun 02, 2009
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NEW YORK (Bloomberg) — Ace Ltd. chief executive officer Evan Greenberg said competing insurers have underestimated the amount of reserves needed to back claims from policies sold in prior quarters and may face lower earnings because of it.
"Some comp...
DATE: Jun 02, 2009
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