76499 results returned for search: "" category "Business"
(Bloomberg) -- Lloyd's of London, the world's biggest insurance market, expects to limit next year's sales to about 13.7 billion ($26.4 billion), nine percent less than in 2004, to reduce the risk of losses, said analysts who attended a Lloyd's prese...
DATE: Dec 03, 2004
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CHICAGO (Bloomberg) ? Aon Corp., the world's second-largest insurance broker, sold the bulk of its stake in Endurance Specialty Holdings Ltd., a Bermuda-based insurer it helped found after the September 11 terrorist attacks.
Aon, based in Chicago, so...
DATE: Dec 03, 2004
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A lawsuit seeking class action status was filed this week against the American International Group Inc. for alleged violations of the Employee Retirement Income Security Act related to a loss of value of AIG stock caused by allegations of bid-rigging...
DATE: Dec 03, 2004
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Finance Minister Paula Cox last night told people gathered for a small business networking reception that Government is working with the Island?s banks to help entrepreneurs get access to the cash they need.
Speaking at the Small Business Development...
DATE: Dec 03, 2004
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(Bloomberg) -- Marsh & McLennan Cos.'s UK unit didn't engage in bid rigging or false quotes, according to a probe commissioned by the world's biggest insurance broker.
The investigation did find a potential conflict of interest in fee arrangements th...
DATE: Dec 03, 2004
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(Bloomberg) When New York Attorney General Eliot Spitzer speaks, it?s usually no joke unless he is the guest of honour.
The man who wrested $4.4 billion in penalties from mutual funds and Wall Street banks before turning his sights on the insurance...
DATE: Dec 03, 2004
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Bank of Bermuda CEO Philip Butterfield yesterday said Bermuda had to do something about the crisis of confidence in the public education system.
Mr. Butterfield, who is chairman of the Board of Education, said he was concerned that Bermuda “apparentl...
DATE: Dec 02, 2004
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The increasing cost of doing business in Bermuda could put businesses here at a competitive disadvantage, according to two of the Island?s business leaders.
Speaking yesterday at the Bermuda Employers? Council (BEC) annual general meeting, outgoing p...
DATE: Dec 02, 2004
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Bermuda Press (Holdings) Ltd. ? the parent company of yesterday said an offer to buy commercial printing company Engravers Ltd. has been accepted and approved by that company's board of directors.
The proposed sale, which was revealed in a press stat...
DATE: Dec 02, 2004
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Tourists seek out newspapers for information on local events and store sales, but rely less on other forms of media according to research recently carried out by Research Innovations.
The firm's president Walton Brown who also owns the public relati...
DATE: Dec 01, 2004
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