76492 results returned for search: "" category "Business"
Management at Bermuda-based run-off specialist Castlewood Holdings Limited yesterday would not confirm or deny rumours that the company is about to purchase the US operations of UK insurer Royal & Sun Alliance (RSA).
A report earlier this week in UK ...
DATE: Mar 04, 2005
|
CATEGORY:
Other
|
WRITS
A writ has been filed by Ann H. Womer Benjamin (Superintendent of the Ohio Department of Insurance and her successors in offices) in her capacity as liquidator of Credit General Insurance Company and Credit General Indemnity Company (in liquida...
DATE: Mar 04, 2005
|
CATEGORY:
Other
|
Alea names Lusk to executive post
Alea Group Holdings (Bermuda) Ltd., the specialty insurer and reinsurer headquartered in Hamilton, has announced changes in the company's executive management team. Kirk Lusk has been appointed group chief administra...
DATE: Mar 04, 2005
|
CATEGORY:
Other
|
NEW YORK (Reuters) ? Citigroup Inc. said on Wednesday it will pay $75 million to settle a lawsuit brought by investors over its role in the collapse of telecommunications network provider Global Crossing Ltd..
Citigroup, which was one of Global Cross...
DATE: Mar 04, 2005
|
CATEGORY:
Other
|
The Royal Gazette/Bermuda Stock Exchange Index fell 7.48 points or 0.23 percent yesterday, closing at 3,269.57.
Dragging the index lower, Bermuda Commercial Bank shares fell $1 or 11.1 percent to close at $8 on meagre volume of 100 shares.
The Bank o...
DATE: Mar 04, 2005
|
CATEGORY:
Other
|
Watlington Waterworks has announced that it will issue a one-for-ten share dividend.
The share issue will be made to all shareholders of record on March 15 and will take effect on March 31.
Shareholders who will have a fraction of a share after the o...
DATE: Mar 04, 2005
|
CATEGORY:
Other
|
Organisation is the key to success for Bermuda Commercial Bank senior corporate administrator Melissa Smith.
The mother of five ? yes, five ? children was named 2004 employee of the year at the Bermuda Commercial Bank earlier this year for her servic...
DATE: Mar 04, 2005
|
CATEGORY:
Other
|
NEW YORK (Reuters) ? Intelsat Ltd., the world?s No. 2 communications satellite operator, yesterday posted a fourth-quarter loss, as it took a hefty impairment charge for satellite power problems.
Bermuda-based Intelsat, which last month closed a $3.1...
DATE: Mar 04, 2005
|
CATEGORY:
Other
|
LONDON (Bloomberg) ? Costs to insurers including Allianz AG, Europe?s biggest, for claims handling and computer management will surge as much as 25 percent after Europe?s highest court ruled the services aren?t exempt from value-added tax.
?This is b...
DATE: Mar 04, 2005
|
CATEGORY:
Other
|
Bermuda law firm Wakefield Quin says business is booming ? and to keep up with demand for their services, the group has hired leading lawyer Jai Pachai away from rival firm Appleby Spurling and Hunter.
The firm has also promoted one of its own, Richa...
DATE: Mar 03, 2005
|
CATEGORY:
Other
|
