3259 results returned for search: "" category "International Business"
Bermuda-based asset manager, PRP Performa Ltd, has launched a new high-yield fund designed for captive and re/insurance firms. According to the company, the Performa HY Fund, gives traditional fixed income and equity investors a way to gain diversifi...
DATE: Mar 16, 2012
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CATEGORY:
International Business
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Two of the Island’s promotional groups on the front lines of attracting international business to Bermuda will be merged into one group.
This is according to Minister Wayne Furbert, Business Development and Tourism in his speech to the House yesterda...
DATE: Mar 15, 2012
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CATEGORY:
International Business
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Trading software company Convergex has closed its Bermuda operation - which is being investigated by the US Securities and Exchange Commission and Department of Justice.
It’s not clear how many employees ConvergEx Global Markets (CGM) had here but i...
DATE: Mar 13, 2012
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CATEGORY:
International Business
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An $18.25 million legal dispute between two Bermuda-domiciled telecommunications firms has been dismissed.
Kiskadee Communications Ltd, a Bermuda-based exempt company specialising in satellite telecommunications, sued two former directors of ProtoSta...
DATE: Mar 12, 2012
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CATEGORY:
International Business
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Bacardi has a new President and CEO who will soon be moving to Bermuda.
Bacardi Limited, which is the largest privately held spirits company in the world, announced Friday that Ed Shirley, the former vice chairman of Procter & Gamble’s Global Beauty...
DATE: Mar 12, 2012
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CATEGORY:
International Business
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Willis is about to become the first global insurance broker in the world’s fastest-growing urban centre.
The London-based Willis Group said the Chinese government has granted it permission to open a new office in the city of Chongqing. The new addit...
DATE: Mar 09, 2012
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CATEGORY:
International Business
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In a deal worth $914 million, global banking giant HSBC has sold off its general insurance businesses in five different countries in an effort to get out of operations it no longer considers a core part of the bank.
French insurance company, Axa is ...
DATE: Mar 09, 2012
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CATEGORY:
International Business
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The Government has allocated close to a $1 million to a new umbrella advisory committee overseeing the groups promoting international business to come to Bermuda.
Minister of Business Development and Tourism, Wayne Furbert, announced that a new commi...
DATE: Mar 05, 2012
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CATEGORY:
International Business
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Bankrupt US bank Lehman Brothers has reached a settlement with its Bermuda-based Lehman Re life insurance unit, reducing the subsidiary’s $2.3 billion in claims to $1 billion, according to a filing in federal bankruptcy court in Manhattan.
The settl...
DATE: Mar 01, 2012
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CATEGORY:
International Business
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The Cayman Islands isn’t giving up in its fight to woo reinsurance business from Bermuda.
An editorial in the Caymanian Compass today fired back at Premier Paula Cox for her response to Cayman Premier McKeeva Bush’s broadside at Bermuda last week.
“T...
DATE: Feb 28, 2012
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CATEGORY:
International Business
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