76472 results returned for search: "" category "Business"
John Andrews, underwriting director of newly formed Bermuda reinsurer Amlin Bermuda, says the company's plan to do business with small, regional insurers means Amlin has to sell more policies to meet revenue targets than peers who count nationwide in...
DATE: Apr 10, 2006
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NEW YORK (Bloomberg) ? JPMorgan Chase & Co., New York?s biggest lender, agreed to swap its corporate-trust unit for Bank of New York?s consumer and small-business bank in a transaction valued at about $3.1 billion.
JPMorgan will get 338 branches, mos...
DATE: Apr 10, 2006
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NEW YORK (Bloomberg) ? Marsh & McLennan Cos., the world?s largest insurance broker, and dozens of insurers were accused of rigging bids in a lawsuit brought by policyholders including Tyson Foods Inc.
The suit, filed in US District Court in Atlanta o...
DATE: Apr 10, 2006
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NEW YORK (Bloomberg) ? American International Group Inc., the insurer that ousted Chief Executive Officer Maurice (Hank) Greenberg amid an accounting probe, paid Martin Sullivan $13.8 million in his first year in charge.
Sullivan?s 2005 compensation ...
DATE: Apr 10, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 54.065 points last week to close at 4,347.43.
Butterfield Bank fell 50 cents to close at $55.50 on volume of 7,496 shares, Argus fell 50 cents to close at $14 as 600 shares changed hands and KeyTech...
DATE: Apr 10, 2006
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Earnings
Everest Re Group Limited
April 24. First Quarter 2006 earnings after the close of trading on the NYSE. A conference call discussing the results will be held at 8.30 a.m. Eastern Time on April 25, 2006. The call will be available on the Int...
DATE: Apr 10, 2006
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Booming car sales and a rebound in spending on building materials and hardware had cash registers ringing in February.
The Retail Sales Index for the month jumped 9.1 percent after accounting for inflation, offsetting a poor January when the volume o...
DATE: Apr 10, 2006
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Here's a spot of news for you. A British doctor has concluded that the inability to handle your money has nothing to do with you. You cannot, apparently be held responsible. You are suffering from a medical complaint, like a broken leg, called 'Money...
DATE: Apr 08, 2006
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The Royal Gazette/Bermuda Stock Exchange Index remained unchanged yesterday to close at 4,347.43.
On a quiet day of trading Butterfield Bank was the only to see any activity, trading in 100 shares to close unchanged at $55.50.
The total value of the ...
DATE: Apr 08, 2006
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While hardly noticed here, an innovative legislative proposal to provide health care for every Massachusetts resident made global news last week. Sponsored by Republican Governor Mitt Romney, who it is rumoured will run for the US presidency in 2008,...
DATE: Apr 08, 2006
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