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The current issues and an update on regulations affecting captive insurance were some of the topics up for debate at Bermuda Captive 07 yesterday.
A panel made up of Tim Faries, group head of Trusts and insurance group leader and partner of Appleby, ...
DATE: Sep 18, 2007
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The Royal Gazette/Bermuda Stock Exchange Index (BSX) enjoyed a good day's trading, closing up 13.79 points (0.27 percent) yesterday.
The Index finished at 5,134.29 with a total of 49,269 shares changed hands and a turnover of $1,005,369.50.
The only ...
DATE: Sep 18, 2007
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NEW YORK (AP) - Stocks fell moderately yesterday as Wall Street anxiously awaited the Federal Reserve's impending decision on interest rates.
The market is betting on a rate cut from the Fed when the central bank meets today, but investors are not co...
DATE: Sep 18, 2007
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CHICAGO (PRNewswire) - Aon Corporation has announced it was one of 195 major US businesses to receive a 100 percent rating in the Human Rights Campaign Foundation's Corporate Equality Index.
The Index rates employers on a scale from zero to 100 on th...
DATE: Sep 18, 2007
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LONDON (AP) — Britain attempted yesterday to contain a run on the country's fifth largest mortgage lender amid fears that a sustained panic could damage the national economy should it further undermine the confidence of investors and consumers.
Treas...
DATE: Sep 18, 2007
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HAMILTON (PRNewswire) - OneBeacon Insurance Group, Ltd. announced the appointment of Bradford Rich as senior vice president and general counsel effective immediately.
Reporting to CEO Mike Miller, Mr. Rich will oversee all corporate legal, SEC and go...
DATE: Sep 18, 2007
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NEW DEHLI (Bloomberg) - Indian Hotels, the country's largest provider of rooms, said its unit paid $211.3 million for 10 percent of Orient-Express Hotels, the owner of New York's 21 Club restaurant.
The Mumbai-based owner of the Taj brand of hotels a...
DATE: Sep 18, 2007
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TORONTO (Reuters) - The Toronto Stock Exchange's main index dropped yesterday as surging commodity prices failed to lift the market and traders awaited an expected cut in US interest rates.
The S&P/TSX composite index fell 36.55 points, or 0.26 perce...
DATE: Sep 18, 2007
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RenaissanceRe Holdings, a Bermuda- based reinsurer, said it doesn’t expect any "material" claims for damage caused by Hurricanes Dean and Felix, Bloomberg News is reporting.
"Our preliminary loss estimate is not expected to be material” for Dean, Fel...
DATE: Sep 18, 2007
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Three of Bermuda’s largest telecommunications firms, KeyTech, North Rock Communications, and Transact, have today jointly submitted an application for a New International Class A Telecommunications Licence.
The licence will allow the consortium to bu...
DATE: Sep 18, 2007
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AUTHOR:
Scott Neil
