76354 results returned for search: "" category "Business"
US Senator Carl Levin's beefed-up bill to clamp down on tax havens could have a significant impact on global trade and tax agreements, Finance Minister Paula Cox said last night.
Sen. Levin's bill, co-sponsored by fellow Democrats Sheldon Whitehouse ...
DATE: Mar 04, 2009
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AUTHOR:
Jonathan Kent
Bermuda insurance companies IPC Holdings Ltd. and Max Capital Group Ltd. are to combine to create Bermuda's sixth largest global underwriter.
The new, Bermuda-based holding company will be called Max Capital Group and its president and chief executiv...
DATE: Mar 03, 2009
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AUTHOR:
Jonathan Kent
Age: 29
Role: Accountant, Lancashire Insurance Co. Ltd.
What is your job? To account for the daily incoming and outgoing cash and ensure all vendors are paid, in addition to ad hoc finance work. I also spend my time on financial reporting.
What is yo...
DATE: Mar 03, 2009
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Bermuda is on the list of offshore "tax havens" targeted for "shutdown" in a bill that was scheduled to be offered in the US Senate last night, said senior Senate aides.
In legislation that expands on a bill co-sponsored last year with then-Senator B...
DATE: Mar 03, 2009
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If a safe job and a high salary interests you, becoming an actuary may be the path to follow. Due to the stringent examination system the demand for qualified actuaries tends to outstrip supply which may explain why a designated actuary will on avera...
DATE: Mar 03, 2009
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DALLAS (Reuters) - A US court heard yesterday that the health of Allen Stanford's financial empire was worse than feared while Antigua and Barbuda's government moved to seize an island owned by the Texas billionaire accused of an $8 billion fraud.
Th...
DATE: Mar 03, 2009
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NEW YORK (Bloomberg) — American International Group Inc. chief executive officer Edward Liddy said ex-CEO Maurice (Hank) Greenberg, credited with building the company into the largest insurer, was partially to blame for the firm's woes.
Greenberg was...
DATE: Mar 03, 2009
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¿ AIG managed to lose $62 billion in just 92 days. That's nearly $470,000 a minute.
¿ It would take a person spending $1 million per day, every day, the next 169 years to spend as much money as AIG lost during the fourth quarter.
¿ AIG's loss is more...
DATE: Mar 03, 2009
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LONDON (Bloomberg) — Amlin Plc, the largest Lloyd's of London insurer by market value, raised its dividend 13 percent and predicted higher premium rates this year and next.
Amlin will pay a final dividend of 11 pence a share, bringing total sharehold...
DATE: Mar 03, 2009
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TORONTO (Reuters) - Toronto's main stock index joined a global equity sell-off on yesterday, falling more than five percent for its biggest one-day drop in three months, due to weaker oil prices and data that showed the Canadian economy shrank.
Heavi...
DATE: Mar 03, 2009
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