76472 results returned for search: "" category "Business"
Former Bank of Bermuda president Donald Lines has been subpoenaed by the US securities regulator in relation to probes of alleged securities fraud involving the company he now heads that was founded by his two sons, according to court documents filed...
DATE: Dec 30, 2005
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Worldwide insurance and reinsurance losses related to the three major hurricanes that hit the United States this year will total $57.6 billion, according to leading provider of strategic information services to the commercial insurance industry.
The ...
DATE: Dec 29, 2005
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The Royal Gazette/Bermuda Stock Exchange Index gained 1.32 points yesterday to close at 3,884.08.
On a moderate day of trading Belco Holdings gained 35 cents to close at $40.35 as investors traded in 1,000 shares while Bermuda Commercial Bank fell 25...
DATE: Dec 29, 2005
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'Walkie-talkies' have shed their clunky image for a sleeker, more functional profile combining mobile phone capabilities.
And the modernised hand-helds ? with various models being brought to market by big-name manufacturers like Motorola and Nokia ? ...
DATE: Dec 29, 2005
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Bermuda saw a modest dip in the pace of incorporation activity during the first nine months of this year, according to data revealed in Government?s recently released Bulletin of Statistics.
Through the third quarter, 1,001 new firms were added to th...
DATE: Dec 29, 2005
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Butterfield Bank Management Trainees are hosting a networking event tonight for college and university of students interested in working in financial services.
The event ? ?Butterfield 411? ? is designed to help those students who are not sure what c...
DATE: Dec 29, 2005
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NEW YORK (Bloomberg) ? Hurricanes Katrina, Rita and Wilma may cost insurers including State Farm Mutual Automobile Insurance Co. $57.6 billion, more than double the annual record for US natural disasters, a consulting firm said.
Katrina may cost $40....
DATE: Dec 28, 2005
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The Island?s international business sector has commended the Bermuda Government for the positive outcome of talks with Swiss authorities over recently introduced taxation policies which placed Bermuda funds at a disadvantage over funds located in oth...
DATE: Dec 28, 2005
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CHARLOTTE (Bloomberg) ? Fidelity National Financial Inc., the biggest US title insurer, agreed to buy Sedgwick CMS Holdings Inc. for $635 million to offer third-party claims management services to Fortune 500 companies.
Marsh & McLennan Cos., the wor...
DATE: Dec 28, 2005
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Montpelier Re Holdings Ltd. has entered into two transactions providing $90 million in catastrophe protection with Cayman Island-based Champlain Ltd.
The three years of coverage are based on modelled market loss triggers. If the modelled loss to the ...
DATE: Dec 28, 2005
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