3261 results returned for search: "" category ("International Business" AND "Business")
Senior industry executive Jeffrey Strauss has returned to independent fund provider Butterfield Fulcrum to head up its US operations.
As president of Butterfield Fulcrum Group (US) Inc, Mr Strauss will be responsible for all aspects of the company’s...
DATE: Jul 14, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) - Validus Holdings Ltd, the reinsurer that acquired IPC Holdings Ltd in 2009, offered $55.95 a share to acquire Transatlantic Holdings Inc and derail a planned merger with Allied World Assurance Company Holdings AG.
Transatlantic...
DATE: Jul 14, 2011
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CATEGORY:
International Business
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Business leaders and employment specialists have welcomed Government plans to offer permanent residency status to some 10-year work permit holders.
They said the proposals, which were outlined by Premier Paula Cox in the House of Assembly on Friday a...
DATE: Jul 13, 2011
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CATEGORY:
International Business
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Two former US trade representatives have backd the Bermuda insurance industry’s opposition to changes that would impose extra taxes on non-US insurance groups.
Mickey Kantor and Susan Schwab jointly authored a letter to the Subcommittee on Select Re...
DATE: Jul 12, 2011
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CATEGORY:
International Business
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Alterra Bermuda Ltd has been admitted as an eligible reinsurer for reduced collateral status by the state of New York Insurance Department.
The company, an operating unit of Bermuda-based Alterra Capital Holdings Ltd, will now be able to post collate...
DATE: Jul 11, 2011
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CATEGORY:
International Business
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The two top reinsurance executives with Bermuda-domiciled Torus Insurance Holdings Ltd are leaving, the company has confirmed.
Bermuda-based Tim Mardon, the group's president and chief underwriting officer of reinsurance, is set to rejoin his former ...
DATE: Jul 11, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) Caterpillar Inc. used offshore subsidiaries in Bermuda and Switzerland to avoid about $2 billion in US taxes from 2000 to 2009, boosting its earnings through a “tax and financial statement fraud”, according to a Caterpillar execu...
DATE: Jul 11, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) Legal attacks by the owners of the New York Mets and JPMorgan Chase & Co on the liquidator of Bernard Madoff’s bankrupt firm may cut his chances of winning $100 billion of lawsuits, reducing recoveries for its clients and undercu...
DATE: Jul 08, 2011
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CATEGORY:
International Business
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Conyers Dill & Pearman has announced the appointment of Blair Botsford to its trust and private client practice in Bermuda.
Ms Botsford brings with her extensive expertise in estate planning and administration, trusts, incapacity planning and taxati...
DATE: Jul 08, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) The corporate tax holiday on foreign profits being debated by Congress may help strengthen the dollar after its worst first half since 2006.
Companies from Pfizer Inc to Cisco Systems Inc may use the reduction in income tax on re...
DATE: Jul 06, 2011
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CATEGORY:
International Business
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