76472 results returned for search: "" category "Business"
(Bloomberg) EFG International, a Swiss bank for the wealthy, said first-half profit almost tripled as the company sold shares to the public and expanded through acquisitions.
Net income increased to 88.4 million Swiss francs ($71.5 million), or 60 c...
DATE: Aug 24, 2006
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The Royal Gazette/Bermuda Stock Exchange index fell 30.59 points to close at 4,893.16 with the sale of 5,172 Butterfield Bank shares at a closing price of $59.25, a 25 cent decline from Tuesday.
Kentucky Fried Chicken shares gained 50 cents to close ...
DATE: Aug 24, 2006
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A.M. Best Company yesterday joined Fitch Ratings, S&P, Moody's in downgrading the rating of Scottish Re as the ailing reinsurer faces uncertainty on the future availability of credit facilities.
These rating actions follow A.M. Best's review of Scott...
DATE: Aug 24, 2006
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(Bloomberg) Lloyd?s of London, the world?s biggest insurance market, would face lower damages from hurricanes even in a storm season as harsh as last year?s after insurers improved forecasting models, according to Factory Mutual Insurance Co.
The wo...
DATE: Aug 24, 2006
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(Bloomberg) Accenture Ltd., the world?s second- biggest consulting company, named Pamela Craig as chief financial officer to replace Michael McGrath, who is moving to the position of international chairman.
Craig, 49, takes over from McGrath on Octo...
DATE: Aug 24, 2006
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NEW YORK (Reuters) ? Marsh & McLennan Cos. Inc., the world?s largest insurance broker and risk manager, said on Wednesday that it could now receive compensation from insurers in cases where it clearly represented them.
An agreement with New York Atto...
DATE: Aug 24, 2006
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International experience can help prepare Bermudians to be more productive on the Island says Butterfield Bank newly appointed Senior Vice President of Corporate Management Curtis Dickinson.
Mr. Dickinson, a graduate of the Berkeley Institute, return...
DATE: Aug 24, 2006
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NEW YORK (Reuters) ? Marsh & McLennan Cos. will see improving earnings and revenue, the world's top insurance broker's chief executive said in an interview, but he cautioned not to expect a quick turnaround.
"I think we will see an uplift in revenue,...
DATE: Aug 23, 2006
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The insurance industry is not immune from the challenges facing everyone else living in Bermuda and if there is a problem with crime or traffic the industry will be affected XL president and CEO Brian O' Hara said yesterday at the Hamilton Rotary Clu...
DATE: Aug 23, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained 21.09 points yesterday to close at 4,923.75.
On a day of light trading, BF&M gained $1 to close at $16 as investors traded in 400 shares and Argus rose 25 cents to close at $14.50 on volume of 1,5...
DATE: Aug 23, 2006
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