76470 results returned for search: "" category "Business"
Validus Reinsurance and Validus Holdings have been given "negative" outlooks from AM Best after Validus announced its intention to link with the Lloyd's market by acquiring privately-owned Bermuda-based Talbot Holdings.
The negative outlooks relate t...
DATE: May 16, 2007
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WASHINGTON (AP) — Mortgage lenders in April foreclosed on 62 percent more US homes than a year ago as borrowers failed to keep up with loan payments, an industry research firm said yesterday.RealtyTrac Inc. said foreclosures in April spiked to 147,70...
DATE: May 16, 2007
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Shares in only two companies were traded on the Royal Gazette / Bermuda Stock Exchange, resulting in no change to the index which remained at 5,131.50.
The largest volume of stock activity was 8,319 shares in BF&M which changed hands but without affe...
DATE: May 16, 2007
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After achieving record revenue growth in 2006, Systems Business Integration (Sbi) has filled six key positions to "ensure ongoing customer satisfaction and sustained financial performance for the company".
The company is an advisor to Bermuda's large...
DATE: May 16, 2007
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Robert Allen has been appointed vice-president of healthcare at Allied World Assurance Company's subsidiary Allied World Assurance Company (US) Inc.
He will oversee the underwriting and servicing of healthcare risks underwritten in the US. Mr. Allen ...
DATE: May 16, 2007
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TORONTO (Reuters) - The Toronto Stock Exchange's main index ended higher as shares of mining companies got a big boost from news that Xstrata Plc sweetened its take-over offer for LionOre Mining International.
The S&P/TSX composite index , which gave...
DATE: May 16, 2007
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Fitch Ratings has assigned Flagstone Reinsurance Limited and Flagstone Reassurance Suisse SA 'A-' insurer financial strength ratings.
It has also assigned Flagstone Reinsurance Holdings Limited (FSR) a 'BBB+' issuer default rating. The rating outlook...
DATE: May 16, 2007
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AMSTERDAM, Netherlands (AP) — Bank of America Corp. and Barclays PLC both filed appeals to the Dutch Supreme Court yesterday over a ruling that froze the US-based company's $21 billion purchase of LaSalle Bank Corp. from ABN Amro.Control of Chicago-b...
DATE: May 16, 2007
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Ocean freight company Bermuda Container Line, which operates the container vessel Oleander, has released its 2006 financial report showing it made a $4.4 million profit.
That was a 28 percent improvement on the previous year and three-quarters of the...
DATE: May 16, 2007
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AUTHOR:
Scott Neil
COULD we treat data as if it were money, private objects that can be deposited, exchanged, managed, and protected?This is the concept Steve Holcombe, CEO of Pardalis, put to me by e-mail after reading one of my articles on proposed EU legislation to ...
DATE: May 16, 2007
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