76343 results returned for search: "" category "Business"
Validus Holdings Ltd. announced that it has filed legal proceedings in the Supreme Court of Bermuda against IPC Holdings Ltd., IPC Ltd. and Max Capital Group Ltd. that challenge the $50 million termination fee and "no-talk" provision contained in the...
DATE: Apr 29, 2009
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The importance of having an independent administrator in the wake of the Madoff scandal was highlighted by a delegation of Bermuda international business executives led by the Bermuda International Business Association (BIBA) at the third Annual Fund...
DATE: Apr 29, 2009
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KeyTech continued its good form on The Royal Gazette/Bermuda Stock Exchange Index (BSX) this week, advancing five cents (0.5 percent) to $10 yesterday.
The utilities firm traded 3,700 shares.
Butterfield Bank also saw 7,170 shares change hands, while...
DATE: Apr 29, 2009
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SAN FRANCISCO (Reuters) - Hewlett-Packard Co. (HP), the world's top PC maker, is launching a new line of inexpensive business laptops with fresh features targeting users at small and medium-size companies.
The HP ProBook s-series, which starts shippi...
DATE: Apr 29, 2009
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Wannabe electricians, masons, carpenters and mechanics had a chance to find out all about their future professions at the final Bermuda College Downtown Recruit Information Session at the Chamber of Commerce yesterday.
The 'Hands-On Smarts' session f...
DATE: Apr 28, 2009
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Bermuda-based specialist insurer Hiscox has revealed that 38 percent of Fortune 500 companies fail to acknowledge the threat of a data breach in the risk factors section of their Securities and Exchange Commission (SEC) 10-K filing.
Hiscox's report, ...
DATE: Apr 28, 2009
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Back-breaking work 12 hours per day may not sound like the dream job for most, but Dawn Fox, manager of Seaview stables, would not have it any other way.
The boarding stable houses six horses and two ponies. Caring for the animals and the 13-acre fac...
DATE: Apr 28, 2009
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NEW YORK (Reuters) - Axis Capital Holdings Ltd., a Bermuda insurer and reinsurer, posted a 51 percent fall in first-quarter net income, hurt mainly by investment losses.
The company posted quarterly operating income of $1.05 per share. Excluding fore...
DATE: Apr 28, 2009
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NEW YORK (Reuters) - XL Capital Ltd., a large Bermuda-based reinsurer, posted a 16 percent drop in quarterly profit yesterday, hurt by investment losses and a drop in revenue.
Hamilton, Bermuda-based XL recorded first-quarter net income of $178.4 mil...
DATE: Apr 28, 2009
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Bermuda, US and large international re/insurance companies lost about 15 percent of their capacity in 2008 as measured by shareholders' equity.
That is according to AM Best Co.'s special report released last week, which said that two excellent operat...
DATE: Apr 28, 2009
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