76472 results returned for search: "" category "Business"
Bermuda may have reached the stage where the costs of further economic growth will outweigh the benefits, economist Craig Simmons warns.
Mr. Simmons said Government has not developed a macro-economic vision for the Island. ?When I think about the pri...
DATE: Feb 28, 2006
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The Minister of Finance Paula Cox tabled an amendment to the Bermuda Small Business Development Corporation Act 1980 increasing by 50 percent the total amount the Corporation can guarantee.
The Minister told the House of Assembly last week the amendm...
DATE: Feb 28, 2006
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The head of Lines Overseas Management?s audit committee has resigned as a director of the company.
The company did not disclose the reason behind the resignation of Susan D. Wilson, who is also chief executive officer of Masters Ltd.
LOM CFO and Exec...
DATE: Feb 27, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 72.241 points last week to close at 4,328.12.
During an active week of trading MediaHouse gained $6.55 to close at $6.55 as investors traded in 940 shares and MediaHouse PFD gained $3.75 to close at...
DATE: Feb 27, 2006
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Investors in the insurance sector won?t be scared off by a few losses, industry experts said last week.
?Investors don?t mind losses? said Mike Millette, a managing director of Goldman Sachs & Co., at the World Insurance Forum in Bermuda last week, b...
DATE: Feb 27, 2006
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Investors are pouring more money into insurance-linked investments, putting some $2 billion into the little-known sector since the beginning of the year, a managing director of Goldman Sachs & Co. said last week.
At the same time, a continued converg...
DATE: Feb 27, 2006
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Montpelier Re Holdings Ltd., a Bermuda reinsurer, on Friday said three directors involved with companies that were founding investors, are to step down.
John Gillespie, chairman of Montpelier's Finance Committee, and Kamile Salame and William Speigel...
DATE: Feb 27, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 12.22 points yesterday to close at 4,328.12.
On a quiet day on the Exchange, the only issue to change price was Butterfield Bank which fell 25 cents to close at $55.75 on volume of 5,885 shares.
The...
DATE: Feb 25, 2006
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(Bloomberg) ? American International Group Inc. investors have rewarded chief executive officer Martin Sullivan, bidding up AIG shares as he cooperated with regulators investigating his predecessor. Now, they want him to emulate the ousted CEO, Mauri...
DATE: Feb 24, 2006
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New York Attorney General Eliot Spitzer's probe of insurance practices forced state regulators to step up to the plate, said Howard Mills, the man who took up regulation of companies with New York insurance operations after Mr. Spitzer's high-profile...
DATE: Feb 24, 2006
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