76472 results returned for search: "" category "Business"
The Finance Ministry does not expect to release a report into the affairs of controversial Bermuda mutual fund IPOC International Growth Fund now or in the foreseeable future.
The Ministry made the statement yesterday in response to questions from in...
DATE: Oct 20, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained five points yesterday to close at 4,939.73 as shares worth almost $3 million traded.
Butterfield Bank gained 25 cents to close at $56.50 as investors traded in 50,800 shares.
The only other tradin...
DATE: Oct 20, 2006
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The growing sophistication of the Bermuda insurance and reinsurance market is the driver for the annual investment conference held here in November by Goldman Sachs Asset Management (GSAM), according to John Gauthier, GSAM?s vice president and head o...
DATE: Oct 20, 2006
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LONDON (Dow Jones) ? A UK lawsuit filed against the Republic of the Congo is increasingly focusing on the role of crude oil traders Vitol Holding B.V. and Trafigura Beheer B.V. in a complex financial system that may have helped the country escape its...
DATE: Oct 20, 2006
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A Bermuda based reinsurer is to hold talks with A.M. Best after the rating agency placed its ratings under review with negative implications.
Catlin Insurance Company Ltd. said it was "puzzled" by the announcement, which Best said it made because it ...
DATE: Oct 20, 2006
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LONDON (Reuters) ? Lloyd?s of London chairman Lord Levene is to develop a plan for further reforms of the venerable insurance market in the wake of the departure of two major underwriters to Bermuda.
And the British Government will examine the busine...
DATE: Oct 19, 2006
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XL Capital yesterday announced its reinsurance business had been been granted a so-called "single passport" to sell reinsurance throughout the European Union and will operate the business out of Dublin.
XL said it had received approval for a new full...
DATE: Oct 19, 2006
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PARIS (Bloomberg) ? Axa SA, Europe?s second-largest insurer, said its 7.9 billion-euro ($9.9 billion) purchase of Credit Suisse Group?s Winterthur unit is ?running quickly and smoothly?.
The Paris-based insurer still expects the acquisition to be com...
DATE: Oct 19, 2006
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Fly First Class Private Jets, a charter service offered through C Travel?s sister company CMS Ltd., has found an emerging market for business travellers looking to avoid long lines and control their own schedules.
C Travel chief executive Carl Paiva ...
DATE: Oct 19, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained 33,62 points yesterday to close at 4,934.73.
On a day of moderate trading, Belco led the advances jumping $2 to close at $25 as investors traded in 400 shares.
BF&M rose 50 cents to close at $18 o...
DATE: Oct 19, 2006
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