76472 results returned for search: "" category "Business"
As W.P. Stewart continues it search for a new CEO the company has launched a series of initiatives to enhance shareholder value over the longer term.
At a recent meeting, directors agreed to invest $30 million of the company?s capital as seed financi...
DATE: Aug 23, 2006
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Fitch Ratings yesterday downgraded Scottish Re Group Limited?s ratings on concerns that the troubled reinsurer does not have enough liquidity to repay $115 million in convertible notes due in December without bank group concessions.
Scottish Re inter...
DATE: Aug 23, 2006
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Today we're going to look at the first of three articles on the Internet and access to it.
The Internet has been around since the late eighties. It started life as a Defence Research Project in the US Military. By the mid-nineties, its commercial val...
DATE: Aug 23, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained 2.16 points yesterday to close at 4,902.66.
On a day of quiet day of trading, KeyTech was the only issue to change price as rose 10 cents to close at $15.60 as investors traded in 400 shares.
Butt...
DATE: Aug 22, 2006
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Integro Bermuda Limited is looking to become a major player in the global brokerage industry and with New York Attorney Eliot Spitzer's recent probes into brokerage practices, clients want more choice says Michael Fisher Managing Principal.
Mr. Fishe...
DATE: Aug 22, 2006
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(Bloomberg) Hiscox Plc., a Lloyd?s of London insurer, reiterated its profit forecast for its 2004 and 2005 accounts.
The London-based insurer said profit at Syndicate 33?s 2004 account will be five percent to 12.5 percent of its underwriting capacit...
DATE: Aug 22, 2006
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(Bloomberg) Frontline Ltd., the world?s second- largest oil-tanker company, may post a fifth consecutive drop in quarterly profit as increased debt and falling returns from the company?s older ships weigh on earnings.
Net income probably slipped 28 ...
DATE: Aug 22, 2006
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(Bloomberg) -- Willis Group Holdings Ltd., the world's third largest insurance brokerage, will consolidate all of its New York office space at One World Financial Center under a lease it signed today with landlord Brookfield Properties Corp.
The comp...
DATE: Aug 22, 2006
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Moody's Investors Service yesterday warned potential buyers of Scottish Re that the company risks running out of liquidity before a sale occurs as the rating agency issued more downgrades to the reinsurer on concerns about collateral and liquidity.
M...
DATE: Aug 22, 2006
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LONDON (Reuters) ? Leading European reinsurers Munich Re, Hannover Re and Swiss Re will be interested in acquiring the ailing Bermuda-based life reinsurer Scottish Re, say industry players and analysts.
Scottish Re has said it is looking at the possi...
DATE: Aug 21, 2006
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