76422 results returned for search: "" category "Business"
Bermudian lawyer Mark Chudleigh has been appointed head of Sedgwick Detert Moran & Arnold LLP's reinsurance practice group.
In his new role, Mr. Chudleigh will lead Sedgwick's global reinsurance practice, which operates from offices throughout the US...
DATE: Jan 15, 2008
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NEW YORK (Bloomberg) - Hanover Insurance Group Inc., which has offices in Bermuda, agreed to buy Verlan Holdings Inc., the Silver Spring, Maryland-based insurer that covers manufacturers and distributors of chemicals.
The purchase is expected to be c...
DATE: Jan 15, 2008
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LONDON (Bloomberg) — Bermuda-based Golden Ocean Group Ltd., a commodity shipping line led by Norwegian billionaire John Fredriksen, dropped to a five-month low in Oslo trading after ship rental rates plunged and the company sold vessels.
The shares d...
DATE: Jan 15, 2008
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OSLO (Bloomberg) - Seadrill ASA, the Norwegian oil-rig company set up by billionaire John Fredriksen, won a $164 million contract with a "major operator" in Southeast Asia.
The contract for Seadrill's jack-up drilling rig West Janus is expected to la...
DATE: Jan 15, 2008
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NEW YORK (Bloomberg) - US business insurance rates continued to decline in the fourth quarter, led by an average 11 percent rate drop for directors and officers liability renewals compared to a year earlier, according to an industry survey.
General l...
DATE: Jan 15, 2008
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LONDON (AP) — Virgin Atlantic said yesterday it would fly one of its Boeing 747 planes on biofuel during a demonstration flight from London to Amsterdam next month.
Virgin Atlantic chairman Richard Branson said the test flight, which he called the fi...
DATE: Jan 15, 2008
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The Christmas holiday period did not bring in the business that most Bermuda retailers had hoped for, with the December 18 general election curbing the enthusiasm of some shoppers.
And restaurateurs had an "average" holiday season, as they faced the ...
DATE: Jan 15, 2008
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AUTHOR:
Jonathan Kent
London-based Randall & Quilter Investment Holdings said it has received approval from the Bermuda Monetary Authority for the registration of a Bermudian class 3 reinsurer R & Q Re (Bermuda) Ltd.
The new company, a wholly-owned subsidiary of the group...
DATE: Jan 14, 2008
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NEW YORK/HAMILTON, Bermuda (Reuters) - As bond insurer titans MBIA Inc and Financial Group falter, smaller players in Bermuda, 700 miles off the US seaboard are looking to take centre stage.
The 21-square-mile British territory is home to Assured Gua...
DATE: Jan 14, 2008
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LONDON (AP) — British music giant EMI Group PLC is preparing to cut up to 2,000 jobs, or about one-third of its work force, as part of a contentious restructuring plan being prepared by the group's new owner, Terra Firma Capital Partners, reports sai...
DATE: Jan 14, 2008
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