76478 results returned for search: "" category "Business"
Bermuda insurance and reinsurance company Arch Capital Group Ltd. said Monday it expects to record third-quarter catastrophe losses of $252 million.
The estimated loss is equal to ten percent of the company?s capital which stood at $2.5 billion at th...
DATE: Oct 12, 2005
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Taking into account the data distortions introduced by earlier hurricanes, the US employment release, last week, still managed to beat expectations, indicating a fairly robust economy.
But this did not prevent the stock markets from being pummelled. ...
DATE: Oct 12, 2005
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Retailers ? including Hamilton?s only shoe repair shop ? are scrambling to find new space after being told they have to vacate their current Church Street premises in the Gibbons Co. building.
The problem isn?t so much that the retail outlets have to...
DATE: Oct 12, 2005
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WRITS
A writ has been filed in the matter of the rules of the Supreme Court Order 70 and in the matter of a letter rogatory from the Supreme Court of the State of New York, New York, USA in the matter of the Investigations of Harrison Isaac Jr. and T...
DATE: Oct 12, 2005
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Good communication skills in the workplace can improve performance, reduce conflict and exchange vital business information Julie Preece says.
As the Bermuda Insurance Institute?s Director of Training and Education Ms Preece said the cost of ineffect...
DATE: Oct 12, 2005
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Bermuda-based MDL Active Duration Fund is suing divisions of AIG and Chubb after they refused to provide defence and indemnity for an alleged fraud and breach of contract lawsuit lodged by Ohio Attorney General Jim Petro.
Pittsburgh-based parent comp...
DATE: Oct 12, 2005
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Ratings firm Standard & Poor's yesterday affirmed the Island's strong sovereign ratings, reflecting the country's record of prudent economic management ? and expressed little concern that increasing debate on Independence would halt international bus...
DATE: Oct 11, 2005
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Former American International chief executive Maurice (Hank) Greenberg yesterday paid tribute to the late Sir Edwin A.G. Manton as someone ?without peer? when it came to knowledge of insurance markets.
A founder, under Cornelius Vander Starr, of the ...
DATE: Oct 11, 2005
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PXRE Group and its subsidiaries remain on Fitch?s Rating Watch Negative after a successful $474 million capital raising in the form of common stock and the private placement of perpetual preferred shares.
PXRE?s new capital is a ?positive credit even...
DATE: Oct 11, 2005
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DATE: Oct 10, 2005
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