76472 results returned for search: "" category "Business"
Bermuda’s largest reinsurance companies will see their registration and annual licence fees nearly quadruple under legislation tabled in the House of Assembly last Friday.
The fee increase was contained in one of four bills tabled by the Ministry of ...
DATE: Dec 06, 2006
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AUTHOR:
Tim Smith
Local stocks edged up yesterday as a gain in Belco's share price offset a decline in BF&M's.
The Royal Gazette/Bermuda Stock Exchange Index ended the day up 2.56 points 4,836.43 on volume of 6,462 shares worth $297,751.
Belco gained 50 cents or 2.1 p...
DATE: Dec 06, 2006
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Arch Capital Holdings Ltd. has received a boost from ratings agency Fitch, which cited its strong underwriting and financial performance and its diversity in different reinsurance markets.
Fitch raised Arch’s credit rating to A- from BBB+ and its rat...
DATE: Dec 06, 2006
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The Bermuda Stock Exchange yesterday announced the approval of the listing 87 million additional ordinary shares of Jupiter Adria Ltd., the proceeds of which will be used to finance high end leisure and tourism resorts in Croatia.
The shares were sol...
DATE: Dec 06, 2006
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NEW YORK (Bloomberg) — American International Group Inc., the world’s largest insurer, settled trademark and other disputes with a firm run by former chief executive officer Maurice (Hank) Greenberg.Greenberg’s C.V. Starr & Co. sold insurance coverag...
DATE: Dec 06, 2006
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NEW YORK (AP) — American International Group Inc., one of the world’s largest insurers, and a company headed by its former chairman announced yesterday they had settled disputes involving specialised insurance agencies that handle marine, energy and ...
DATE: Dec 06, 2006
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The Ace Group of Companies has received approval from the Federal Service for Insurance Supervision (FSIS) to underwrite life insurance in the Russian Federation.
Ace's life insurance operations, based in Moscow, will be headed by Anton Kushner, Chie...
DATE: Dec 06, 2006
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The demand for workers with IT skills, science and engineering backgrounds, and technological know-how, has never been greater, according to two reports released by the Organisation for Economic Co-operation and Development (OECD).
The reports provid...
DATE: Dec 06, 2006
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NEW YORK (AP) — In just a few months, the mobile “smart” phone has been transformed from pricey corporate gadget to an affordable alternative for ordinary folk.In the last month alone, Cingular Wireless has unveiled three devices priced as low as $20...
DATE: Dec 06, 2006
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ATLANTA (AP) — Poultry producer Pilgrim’s Pride Corp. won its pursuit of the reluctant Gold Kist Inc., saying yesterday its rival had accepted a sweetened $21 per share buyout offer worth $1.1 billion. There could be job cuts in corporate positions a...
DATE: Dec 05, 2006
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