76472 results returned for search: "" category "Business"
There was no movement in the Royal Gazette / Bermuda Stock Exchange after a quiet day in which only shares of utility company Belco were traded.
The Exchange remained static at 5,066.11 after a total of 9,050 local shares valued at $208,200 were exch...
DATE: Mar 23, 2007
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Small construction firms could be forced out of business if a strict ratio of work-permits to apprentices policy becomes the rule in Bermuda.
That is the concern of the Construction Association of Bermuda, which is questioning the policy shift and ha...
DATE: Mar 23, 2007
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AUTHOR:
Scott Neil
BOSTON (AP) — American workers shouldn’t count on making up for inadequate savings by planning to work into their retirement years, since such plans are often doomed by unexpected health problems, Fidelity Investments said this week in releasing find...
DATE: Mar 23, 2007
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NEW YORK (Bloomberg) — Blackstone Group LP, the leveraged buyout firm that has spent the past two decades taking companies private, plans to raise as much as $4 billion by going public.The firm, founded in 1985 by former Lehman Brothers bankers Steph...
DATE: Mar 23, 2007
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ZURICH (Bloomberg) — Baloise Holding AG, a Swiss insurer, said second-half profit rose 60 percent as it made more money from investments and paid less for natural catastrophe claims.Net income climbed to 286.8 million Swiss francs ($236 million) from...
DATE: Mar 23, 2007
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Bermuda-based life reinsurance group Wilton Re yesterday reported that it has raised an additional $300 million in committed equity capital from Lehman Brothers Holdings, Inc.
Wilton chairman and chief executive officer Chris Stroup said the capital ...
DATE: Mar 23, 2007
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Moody's Investors Service yesterday said it placed the insurance financial strength ratings of Assured Guaranty Corp. and its British subsidiary under review for a possible upgrade.
The ratings agency said it will review structured finance, public fi...
DATE: Mar 22, 2007
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Safeguarding money when world markets stumble or fall is one of the driving principals behind the new look Argus pension funds that have grown from $132 million to $228 million since launch in the latter half of 2005.
That growth has been achieved th...
DATE: Mar 22, 2007
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AUTHOR:
Scott Neil
Bermuda cannot compete with London in terms of talent, according to Catlin Ltd. chairman Stephen Catlin.
Mr. Catlin, speaking at the Financial Services Authority annual insurance sector conference this week, was quoted by Business Insurance as saying...
DATE: Mar 22, 2007
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AUTHOR:
Scott Neil
Generali profit rises 25 percent
MILAN (Bloomberg) — Assicurazioni Generali SpA, Italy’s biggest insurer, said full-year profit gained 25 percent, helped by its purchase of Toro Assicurazioni SpA. The company raised its 2008 earnings target. Net inco...
DATE: Mar 22, 2007
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