76422 results returned for search: "" category "Business"
Financial pressures on XL Capital Ltd. related to its involvement in Security Capital Assurance Ltd. (SCA) have had negative rating outlook implications for XL sidecar Stoneheath Re.
Rating agency A.M.Best revised the rating outlook to negative from ...
DATE: Jan 10, 2008
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XL Insurance has established an office in Singapore to act as its management and underwriting hub for the Asian region.
The company, which is the global insurance operation of XL Capital Ltd., yesterday said the new base would enable XL Insurance to ...
DATE: Jan 10, 2008
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NEW YORK (Reuters) - Former American International group chief executive Maurice (Hank) Greenberg said yesterday that a group he represents does not intend to solicit proxies from AIG shareholders, buy more AIG shares, or start a tender offer for the...
DATE: Jan 10, 2008
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Universal Electric Ltd. looks set to go from strength to strength in 2008, having won the specialty contractor award at the Construction Association of Bermuda last year.
The electrical sales, service and engineering firm, which is based just off Ser...
DATE: Jan 10, 2008
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There is a wave of announcements about high definition television and video hardware and software components at this year's Consumer Electronics Show (CES), emphasising Bill Gates's forecast that the segment will expand even further.
Microsoft's co-f...
DATE: Jan 09, 2008
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The Bank of Bermuda has appointed Ashley Parker as head of Banking Services.
Mr. Parker relocated to Bermuda in mid 2007 and took up the role in October. The position was previously held by Michael Collins, who has been promoted to chief operating of...
DATE: Jan 09, 2008
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Former RenaissanceRe chief executive officer Jim Stanard has been recruited by Insight Catastrophe Group to serve as non-executive chairman of its board of managers.
Insight is a specialty provider of property catastrophe risk management and underwri...
DATE: Jan 09, 2008
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A total of 2,000 shares worth $36,200 were traded on the Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
But the Index remained unchanged at 4,890.55.
Butterfield Bank were the only company to experience any movement, with 2,000 shares ch...
DATE: Jan 09, 2008
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NEW YORK (Bloomberg) — The employment report last week proved that the US economy entered its first recession since 2001, according to Merrill Lynch & Co.'s David Rosenberg.
"Friday's employment report confirmed our suspicions that the economy was tr...
DATE: Jan 09, 2008
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Insufficient emphasis by regulators has been placed on the investigation of "suspicious activities" by licensed companies, managers and executives under Bermuda law.
That is the view of Michael Hardy, an FCA and who has been an auditor, accountant an...
DATE: Jan 09, 2008
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