76472 results returned for search: "" category "Business"
The Bermuda-based ACE Group of Companies announced yesterday it had acquired one of Peru’s fastest-growing life insurers.
Altas Cumbres Life Insurance Company was formerly a wholly owned Peruvian subsidiary of Grupo Altas Cumbres of Chile. Altas Cumb...
DATE: Jan 05, 2007
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While the cost of property insurance in peak hurricane zones in the US continue to rise, premiums in many other lines are under downward pressure, according to global insurance broker Aon Corp.
At a press briefing in London yesterday morning, Aon sai...
DATE: Jan 05, 2007
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Aelous Re has become Bermuda?s latest post-Hurricane Katrina start-up with a capital base exceeding $1 billion, the company announced yesterday.
Demand for extra capacity in the property catastrophe market and high reinsurance rates in hurricane-pron...
DATE: Jan 05, 2007
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AUTHOR:
Jonathan Kent
The Bermuda-based ACE Group of Companies announced yesterday it had acquired one of Peru?s fastest-growing life insurers.
Altas Cumbres Life Insurance Company was formerly a wholly owned Peruvian subsidiary of Grupo Altas Cumbres of Chile. Altas Cumb...
DATE: Jan 05, 2007
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CATEGORY:
Other
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ATLANTA (AP) — Prosecutors invoked a law used in terrorism and government espionage cases in asking a judge yesterday to bar jurors at the trial of a former Coca-Cola secretary charged in a trade secrets theft case from disclosing to others confident...
DATE: Jan 05, 2007
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The Argus Group has completed the acquisition of a Bermuda-based life insurance unit of Tremont Group Holdings.
The announcement came yesterday from Argus president and chief executive officer Gerald Simons, who said the deal would enable the Group?s...
DATE: Jan 05, 2007
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CATEGORY:
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AUTHOR:
Jonathan Kent
CHICAGO (Reuters) — The prospects for airline consolidation hinge on the ability of US Airways Group to pull off its proposed hostile takeover of bankrupt Delta Air Lines, the chief executive of JetBlue Airways said yesterday.Merger talks between car...
DATE: Jan 05, 2007
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Logic Communications chief executive officer Alan Richardson was yesterday named as the new chairman of financial regulator of the Bermuda Monetary Authority (BMA).
Mr. Richardson was appointed by Finance Minister Paula Cox as the BMA?s first non-exe...
DATE: Jan 05, 2007
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CATEGORY:
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AUTHOR:
Jonathan Kent
TORONTO (Reuters) — The Toronto Stock Exchange’s main index ended sharply lower yesterday for a second straight session as oil and metal prices continued their retreat.The S&P/TSX composite index closed down 147.84 points, or 1.2 percent, at 12,553.6...
DATE: Jan 05, 2007
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The Royal Gazette/Bermuda Stock Exchange (BSX) Index fell by 0.32 percent yesterday as three issues saw their share price take a knock.
The biggest faller was West Hamilton Ltd., which fell $10 (16.7 percent) to close at $50 a share after 400 shares ...
DATE: Jan 05, 2007
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