3096 results returned for search: "" category "International Business"
Willis Group Holdings PLC posted a 6.3 percent increase in revenues for the fourth quarter of 2012 to $871 million, the company reported Tuesday night.
However, the London-based broker also reported a net loss of $804 million for the quarter compared...
DATE: Feb 14, 2013
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CATEGORY:
International Business
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Bermuda-based fund administrator, Opus Fund Services, has announced the expansion of its US platform with the opening of its New York office. The Park Avenue location will initially focus on business development and will be headed by the new director...
DATE: Feb 13, 2013
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CATEGORY:
International Business
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Bermuda-based re/insurer, Arch Capital Group yesterday reported a fourth quarter profit of nearly $14 million despite heavy losses from Hurricane Sandy.
The net income of $13.7 million compared to a net income of $138.9 million for the fourth quarte...
DATE: Feb 12, 2013
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CATEGORY:
International Business
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Severe flooding in Australia and Indonesia and the worst tornado outbreak in the US since 2008 drove global insurance costs in January, causing economic losses of more than $6 billion and insured losses of about $800 million.
That’s according to a ne...
DATE: Feb 12, 2013
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CATEGORY:
International Business
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Insurer CNA Financial has reported a loss for its fourth quarter as it dealt with claims from Superstorm Sandy.
The company reported a full-year net profit of $628 million after taking a $9 million net loss in the fourth quarter, or three cents per ...
DATE: Feb 12, 2013
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CATEGORY:
International Business
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While electricity, roads and transportation remain problematic, much of the Northeast of the US was in recovery mode yesterday digging out from a deadly weekend snowstorm.
The blizzard packing hurricane-force winds hammered the northeastern US on Sa...
DATE: Feb 12, 2013
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CATEGORY:
International Business
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If there is one thing that Bermuda has over the Cayman Islands, it’s a very large yacht.
In fact, it’s the largest privately owned yacht in the world — the 533-foot Eclipse owned by Russian billionaire Roman Abramovich — now docked in Hamilton, which...
DATE: Feb 07, 2013
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CATEGORY:
International Business
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New York City Mayor Michael Bloomberg is donating $350 million to Johns Hopkins University, the bulk of it to help expand its research on such cross-discipline issues as global health and urban revitalisation, as his lifetime giving to his alma mater...
DATE: Jan 28, 2013
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CATEGORY:
International Business
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The Cayman Islands are reportedly poised to open thousands of companies and hedge funds domiciled there to greater scrutiny, ending decades of secrecy in the offshore Caribbean territory.
According to a report by the Financial Times, the British over...
DATE: Jan 18, 2013
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CATEGORY:
International Business
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Bermuda-based Apex Fund Services has landed a new $1 billion client hard on the heels of gaining regulatory approvals from the UK.
Yesterday Apex announced that WAY Fund Managers, the UK provider of fund hosting services to the wealth management sect...
DATE: Jan 15, 2013
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CATEGORY:
International Business
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