76472 results returned for search: "" category "Business"
Bermuda-based Aspen Insurance Holdings Ltd. has closed the sale of an additional 600,000 of its 5.625 percent Perpetual Preferred Income Equity Replacement Securities (Perpetual PIERS) with a liquidation preference of $50 per security, following the ...
DATE: Jan 12, 2006
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Bermuda-based reinsurer Quanta Capital Holdings yesterday revealed its net losses related to a ruptured oil pipeline will be $4.9 million more than the $7.5 million it previously estimated.
Quanta has also suffered the departure of another senior exe...
DATE: Jan 12, 2006
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LONDON (Bloomberg) ? Bermuda-based Griffin Mining Ltd., which mines zinc in China, said it may start exporting the metal to take advantage of higher international prices, including on the London Metal Exchange.
?For the past six weeks, Chinese metal ...
DATE: Jan 12, 2006
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Standard & Poor?s Ratings Services announced from its Tokyo office that it has assigned its ?A-? insurer financial strength rating to New Century Insurance Co. Ltd. and placed the rating on CreditWatch with positive implications.
?Because New Century...
DATE: Jan 12, 2006
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The managing director of Lines Overseas Management has taken a position against his older brother, former LOM president and director Brian Lines, in an application scheduled to heard by Bermuda Supreme Court tomorrow.
Scott Lines? affidavit supports ...
DATE: Jan 12, 2006
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With its upwardly mobile demographic alternative jazz station KJAZ 98.1FM, is carving a niche in Bermuda?s competitive broadcasting market.
In January, Marshall Griffin joined the station as the mid-day contemporary jazz personality and in December V...
DATE: Jan 12, 2006
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Former Lines Overseas Management president Brian Lines has been named as a defendant in a disclosure hearing before Puisne Judge Geoffrey Bell at the Bermuda Supreme Court tomorrow.
The in-chambers hearing relates to documents and telephone records t...
DATE: Jan 12, 2006
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Bermuda Container Line Ltd. yesterday said higher costs, including more expensive fuel rates, pushed down the group?s earnings by 28 percent to $2.46 million during the first nine months of 2005.
Geoffrey Frith, BCL chief executive, told the company ...
DATE: Jan 11, 2006
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LONDON (Reuters) ? Class of 2005 reinsurer Amlin Bermuda has written $55 million of new business, net of brokerage fees, its parent company said yesterday.
London-listed Amlin Plc chief executive Charles Philipps said the outlook for the $1 billion f...
DATE: Jan 11, 2006
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The owner of the Bank of Bermuda, HSBC Holdings Plc, has drawn up plans to cope without up to half its staff if there is a pandemic triggered by bird flu, Reuters reported yesterday.
London-based HSBC said the potential absence of up to 50 percent of...
DATE: Jan 11, 2006
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