76472 results returned for search: "" category "Business"
A raft of Bermuda’s biggest reinsurance companies could see profits drop by up to 24 percent because of a move by Florida to subsidise hurricane insurance costs for its residents, according to analysts’ predictions.
By doubling the size of its state-...
DATE: Jan 25, 2007
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AUTHOR:
Scott Neil
What are described as “pretty significant delays” in the planning approval process in Bermuda are cause for concern Julia van Beelen, president of the Institute of Bermuda Architects, said this week echoing the warnings of construction industry leade...
DATE: Jan 25, 2007
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CATEGORY:
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AUTHOR:
Scott Neil
DAVOS (Bloomberg) — Lloyd’s of London Chairman Peter Levene said climate change is the “No. 1” issue for the world’s biggest insurance market because of the unpredictability and cost of potential weather-related claims.“In 2005 we paid out $6 billion...
DATE: Jan 25, 2007
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NEW YORK (Bloomberg) — Tyco International Ltd.’s imprisoned former chief executive officer L. Dennis Kozlowski is resisting his estranged wife’s demand for financial information.The Bermuda company’s former CEO, 60, “has refused to produce even one d...
DATE: Jan 25, 2007
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Eighty-two new reinsurance and insurance companies incorporated in Bermuda last year ? 10 percent up on 2005 ? as the Island stayed ahead of rival domiciles.
Financial regulator the Bermuda Monetary Authority (BMA) said yesterday that the majority of...
DATE: Jan 25, 2007
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Trading of shares valued at $846,982.35 sent the Royal Gazette / Bermuda Stock Exchange higher by 27.84 (0.57 percent) with Butterfield Bank rising 50 cents (0.9 percent) after 5,950 shares changed hands during the day to push shares in the bank to a...
DATE: Jan 25, 2007
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DATE: Jan 25, 2007
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NEW YORK (AP) — Wall Street bounded higher yesterday, lifting the Nasdaq composite index well over one percent after profit reports from Yahoo Inc. and Sun Microsystems Inc. restored investors’ confidence in the tech sector. The Dow Jones industrials...
DATE: Jan 25, 2007
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CATEGORY:
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Trading of shares valued at $846,982.35 sent the Royal Gazette / Bermuda Stock Exchange higher by 27.84 (0.57 percent) with Butterfield Bank rising 50 cents (0.9 percent) after 5,950 shares changed hands during the day to push shares in the bank to a...
DATE: Jan 25, 2007
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CATEGORY:
Other
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TORONTO (Bloomberg) — Canadian stocks rose to the highest this year as financial companies including Toronto-Dominion Bank advanced on speculation they will offer better returns than the commodity producers that paced gains in the market in 2006.
“Th...
DATE: Jan 25, 2007
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CATEGORY:
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