76472 results returned for search: "" category "Business"
Mitsui Sumitomo Insurance Co. Ltd. is boosting the capital in its Bermuda subsidiary.
The Tokyo-based insurer is adding $100 million to the capital of MS Frontier Reinsurance Ltd., bringing the reinsurer's capital to $300 million. MS Frontier writes ...
DATE: Nov 17, 2006
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NEW YORK (Bloomberg) ? Marvell Technology Group Ltd., which makes semiconductors used in Apple Computer Inc.'s iPod, reported third-quarter sales rose 22 percent, the smallest gain since the company went public in 2000.
Sales increased to $520.4 mill...
DATE: Nov 17, 2006
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Hiscox Plc's shareholders have approved the company's proposed relocation to Bermuda, plans for which were made public in September.
Following word of the proposed move, Hiscox Plc posted a circular to shareholders setting out details of the corporat...
DATE: Nov 17, 2006
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Insurer and pension provider The Argus Group has agreed in principle to buy the Bermuda offshore insurance affiliate of Tremont Group Inc. in a move the company says will position subsidiary Bermuda Life Insurance Company Ltd. as a leading offshore i...
DATE: Nov 17, 2006
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NEW YORK (Bloomberg) — Marvell Technology Group Ltd., which makes semiconductors used in Apple Computer Inc.'s iPod, reported third-quarter sales rose 22 percent, the smallest gain since the company went public in 2000.Sales increased to $520.4 milli...
DATE: Nov 17, 2006
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The Bermuda Monetary Authority (BMA) sees no need to make its admissions procedure more rigorous, Supervisor of Insurance Jeremy Cox said on the second day of the Bermuda Insurance Conference ? ?but (the Authority is) going to take the current system...
DATE: Nov 17, 2006
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LONDON (Reuters) — UK Treasury Minister Ed Balls said yesterday that Britain’s principles-based financial regulatory regime was helping to attract business to London.“We have a principles-based and a risk-based approach to regulation which has proved...
DATE: Nov 17, 2006
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Arlington Tankers Ltd., a Bermuda-based transportation company, filed with regulators on Thursday to periodically sell up to $150 million in common and preference shares, debt securities, and warrants.
The company said in a registration statement wit...
DATE: Nov 17, 2006
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Bermuda-based Security Capital Assurance Ltd. said yesterday that it had received a subpoena from federal prosecutors investigating whether banks and financial firms conspired to rig bids for investment deals with local governments.
Security Capital,...
DATE: Nov 17, 2006
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Nine of Oil Insurance Ltd.’s shareholder members are withdrawing from the energy industry mutual effective January 1, 2007, the company announced.
OIL, a mutual insurer that covers the energy industry, said in a statement that nine shareholder member...
DATE: Nov 17, 2006
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