76504 results returned for search: "" category "Business"
The 18th Annual International Reinsurance Congress will open at the Fairmont Hamilton tomorrow afternoon with a keynote address on Market Shock by author, Harvard economics teacher and former White House director of economic policy Todd Buchholz.
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DATE: Oct 05, 2004
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Primus Guaranty Ltd. last week became the latest Bermuda-based insurer to be publicly traded on the New York Stock Exchange when it raised $139.7 million in an initial public offering this week.
Primus, a credit insurer, sold 10.3 million common shar...
DATE: Oct 04, 2004
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LONDON (Reuters) ? Bermuda-based Bacardi Ltd. and US drinks group Brown-Forman are tipped to be leading a six-strong field to buy whisky group Glenmorangie in a ?300 million ($540 million) auction, banking sources and analysts claim.
The two are seen...
DATE: Oct 04, 2004
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WASHINGTON(US News Wire) - Citing recent studies that show US companies are sheltering profits and shipping jobs overseas to avoid paying US taxes at a record rate, Democratic US presidential nominee John Kerry yesterday pledged to do what President ...
DATE: Oct 04, 2004
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Executives of Colonial Group International watched with keen attention as Hurricane Ivan?s ferocity was released upon the Cayman Islands and the homes and businesses of customers of British Caymanian Insurance (BritCay), a group affiliate.
Fortunatel...
DATE: Oct 04, 2004
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The Royal Gazette/Bermuda Stock Exchange Index last week gained 14.116 points to close at 3,160.90.
Butterfield Bank led the volume of trading with 25,865 shares changing hands at a price of $41.
Bermuda Commercial Bank investors bought and sold 400 ...
DATE: Oct 04, 2004
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4 to 6 October
IBC USA presents the tenth annual Executive Forum on Captives, 'Winning Solutions for Today's Challenging Insurance and Risk Management Enviornment' at the Hotel at MIT, Cambridge, Mass. Register online at www.ibcusa.com/captives.
5 Oc...
DATE: Oct 04, 2004
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HAMILTON, Bermuda (Bloomberg) ? Endurance Specialty Holdings Ltd., a Bermuda-based insurer created in December 2001, said it will acquire a majority of XL Re America Inc.'s surety insurance business.
Endurance Specialty will buy the stake through a r...
DATE: Oct 04, 2004
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Bermuda-based Everest Re Group, Ltd. said yesterday that
it expected aggregate losses from the four hurricanes to hit Florida and the Caribbean and from Pacific typhoons to be about $190 million in its third quarter.
Everest said the prediction was b...
DATE: Oct 03, 2004
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NEW YORK (Reuters) ? Insurance claims for damage caused in the United States this year by four major hurricanes may reach $23 billion, surpassing payments on claims for 1992?s Hurricane Andrew, an insurance industry group said yesterday.
Claim paymen...
DATE: Oct 03, 2004
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