76492 results returned for search: "" category "Business"
Bermuda insurers Allied World Assurance Company and XL Insurance (Bermuda) Ltd. have been named as defendants in a lawsuit brought by a Pennsylvania mining company that claims its insurers are refusing to pay a $6 million claim.
Newsletter Inside Ber...
DATE: Mar 08, 2005
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Full container load importers have a new simplified prior declaration process to follow at the Hamilton docks, the Collector of Customs announced yesterday.
A Government spokeswoman said yesterday that casual and commercial importers are encouraged t...
DATE: Mar 08, 2005
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Another Bermuda-registered shipping company plans to file an initial public offering.
Dow Jones Newswires reported yesterday that TBS International Ltd. had filed an initial public offering to sell up to $125 million in common stock, according to a F...
DATE: Mar 08, 2005
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The ACE Group of Companies yesterday announced that a subsidiary of its Chinese partner Huatai Insurance Company, Huatai Life Insurance Company, received approval from the China Insurance Regulatory Commission to commence life insurance operations.
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DATE: Mar 08, 2005
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A secondary offering by Bermuda-based Nordic American Tanker Shipping Ltd. of 3.5 million common shares was priced at $49.50 per share, meaning the company could raise $170 million from the offering.
The company has also granted the underwriters an o...
DATE: Mar 07, 2005
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Aspen Insurance Holdings reported a 32 percent increase in fourth-quarter 2004 net income on Thursday and said it will sharply increase its quarterly dividend.
For the fourth quarter, net income was $75.2 million, or $1.01 per share compared with $54...
DATE: Mar 07, 2005
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NEW YORK (Bloomberg) -- Aon Corp., the world's second-largest insurance broker, will pay $190 million to settle New York Attorney General Eliot Spitzer's accusations that the company and Chief Executive Officer Patrick Ryan deceived clients.
Aon and...
DATE: Mar 07, 2005
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The Royal Gazette/Bermuda Stock Exchange Index fell 7.455 points last week to close at 3,264.37.
Butterfield Bank investors traded 6,868 shares while pushing the shares up ten cents to $42 last week.
Bermuda Commercial Bank saw its shares fall $1 to ...
DATE: Mar 07, 2005
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DATE: Mar 07, 2005
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inance Minister Paula Cox tells of entering the Bermuda political arena, why she followed a law career and admits she holds aspirations to one day be the Island's Premier, in the latest issue of Caribbean magazine SHE.
Ms Cox was profiled in the regi...
DATE: Mar 07, 2005
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