76472 results returned for search: "" category "Business"
(Bloomberg) ? Amlin, a Lloyd?s of London insurer of spacecraft and yachts, is raising ?230 million ($411.4 million) in long-term debt to refinance expansion in Bermuda.
The debt issue is redeemable on December 19, 2016, and will pay an initial annual...
DATE: Apr 21, 2006
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Richard Gieryn, Jr., currently general counsel of AXIS US Holdings, Incorporated, has been promoted to general counsel of AXIS Capital.
In his current position, Mr. Gieryn serves as chief legal counsel for AXIS Capital's global underwriting and claim...
DATE: Apr 21, 2006
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The Bermuda Chamber of Commerce is eyeing everything from public service pay hikes to transit permits for new and existing foreign nationals as it heads into its 100th year.
Chamber president Peter Everson said that looking forward to the 100th year ...
DATE: Apr 21, 2006
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AIG plans to put its 15.4 million of IPC Holdings Ltd. common shares in a public offering, subject to market conditions.
The 24 percent stake in IPC would bring in over $400 million.
?We have had a long and successful investment in IPC and remain con...
DATE: Apr 21, 2006
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Bermuda reinsurer PXRe, in a regulatory filing on Tuesday night, said its chief operating officer Guy Hengesbaugh has given notice that he?ll leave the company in the next three months.
PXRe, a company that has lost one-third of its customers since h...
DATE: Apr 20, 2006
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SEOUL (Bloomberg-Wall Street Journal) ? Lone Star Funds, the biggest overseas investor in South Korea, said it broke tax laws after the firm?s former country head embezzled $12 million.
Steven Lee, who ran the fund?s operations in Seoul from 1998 unt...
DATE: Apr 20, 2006
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The Chamber of Commerce will kick off its 100th anniversary celebration at today's annual general meeting.
The celebration of the centennial will be inaugurated at the chamber's AGM with a number of other events planned throughout the year and culmin...
DATE: Apr 20, 2006
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NEW YORK (Bloomberg) ? Former Refco Inc. chief executive officer Phillip Bennett, charged with fraud in the company?s collapse, asked a judge to order prosecutors to turn over audit documents that are ?key? to his defence.
Gary Naftalis, a lawyer rep...
DATE: Apr 20, 2006
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DATE: Apr 20, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained 31.48 points yesterday to close at 4,360.61.
Moderate activity on the Exchange saw Butterfield Bank gain $1 to close at $56 as investors traded in 1,906 shares.
The only issue to decline saw Argus...
DATE: Apr 20, 2006
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