76472 results returned for search: "" category "Business"
LONDON (Bloomberg) ? Hiscox Plc, a Lloyd?s of London insurer, plans to incorporate itself in Bermuda by the end of the year.
Chairman Robert Hiscox said almost two thirds of the company?s business is generated outside the UK.
His announcement coincid...
DATE: Sep 12, 2006
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Bermuda-based Axis Capital Holdings Limited yesterday announced that the company?s board of directors has elected Geoffrey Bell to its board.
Bell, 66, is currently president of Geoffrey Bell and Company formed in 1982 as a consultant to major corpor...
DATE: Sep 12, 2006
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Veteran Ace Ltd. executive Keith White is to retire at the end of the year after 17 years with the company, the Bermuda insurer announced yesterday.
Mr. White, who has been chief administrative officer of Ace since 2004, joined the company from BF&M ...
DATE: Sep 12, 2006
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Scottish Re Group Ltd., which said in July it would consider a possible sale, yesterday said it has received a number of potential bid proposals and is reviewing them.
Selected parties will be invited to a second round, the Bermuda-based company said...
DATE: Sep 12, 2006
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OSLO (Bloomberg) ? SeaDrill Ltd., a Norwegian oil-rig company led by John Fredriksen, said it gained control of Eastern Drilling ASA as it seeks to take over the company.
Bermuda-based SeaDrill holds 20.3 million shares in Eastern Drilling, equal to ...
DATE: Sep 10, 2006
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No one, not one of us, enjoys talking about estate planning. Come to think of if, I have yet to attend a party where everyone brightly chattered on about their wonderful legacy plan. Of course, I don't go to many parties.
We may be reluctant to admit...
DATE: Sep 10, 2006
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Net income fell to ?74.5 million ($91.5 million), from ?78.5 million in the year-earlier period, the London-based company said this week in a Regulatory News Service statement. Brit said foreign exchange swings cut profit by ?2.4 million, after boost...
DATE: Sep 10, 2006
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How has the Bermuda insurance market changed in the five years since the events of September 11, 2001? The short answer is: almost completely.
By most yardsticks, the Bermuda market is an entirely different animal from the industry sector that woke u...
DATE: Sep 10, 2006
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Good news and bad this week. First, a giant thank you to Kimmy at Bermuda CableVision. He came to my house this week, found that someone had borrowed (or stolen) my cable connection, and then fixed it. Having griped about this last week, a big vote o...
DATE: Sep 10, 2006
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NEW YORK (Reuters) ? Refco Inc. has asked a federal judge to approve a settlement under which it would pay more than $642 million to secured lenders, in what it called a ?key? step to concluding its nearly year-long bankruptcy.
In a filing with the U...
DATE: Sep 10, 2006
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