49296 results returned for search: "" category ("Other" AND "Business")
AM Best Co. has upgraded the issuer credit rating (ICR) to "a+" from "a" and affirmed the financial strength rating (FSR) of A (Excellent) of Hannover Re (Bermuda) Ltd. The outlook for both ratings is stable.
The ICR of Hannover Re Bermuda has been u...
DATE: Nov 12, 2009
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The LOM Group has announced a series of staff moves to develop the firm's operational capacity and financial adviser platforms.
Jens Maitland has joined the client relationship team and will be responsible for the company's savings and retirement pla...
DATE: Nov 12, 2009
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Bermuda-based Maiden Holdings Ltd. has announced an agreement with American Capital Acquisition Corporation (ACAC) that is expected to generate more than $200 million a year in extra revenue for the reinsurer.
The deal was announced as Maiden reveale...
DATE: Nov 12, 2009
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AUTHOR:
Jonathan Kent
LIECHTENSTEIN (Bloomberg) — Liechtenstein will step up the fight to eliminate tax evasion by reaching agreements with other countries after the principality shed its status as a tax haven under OECD rules, Prime Minister Klaus Tschuetscher said.
Liec...
DATE: Nov 12, 2009
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Argo appoints two into top financial roles
Bermuda-based re/insurer Argo Group International Holdings Ltd. has appointed James Tees as chief accounting officer and treasurer, and Rip Reeves as chief investment officer. Both will report to Argo Group ...
DATE: Nov 12, 2009
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NEW YORK (Reuters) - Insurance giant AIG has made progress on its restructuring and will likely be able to repay a taxpayer bailout and buy back much of the government's stake in the company, Moody's Investors Service said this week.
The Moody's stat...
DATE: Nov 12, 2009
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LONDON (Bloomberg) — The UK should cut taxes for hedge funds and asset managers to make Britain the "domicile of choice" amid competition from countries such as Luxembourg and Ireland, according to a government-commissioned report.
The UK is losing a...
DATE: Nov 12, 2009
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LONDON - Britain's top share index closed higher, as risk appetite received a boost after reassuring signals on the UK economy, and with miners the biggest gainers after a jump in Chinese factory growth. The FTSE 100 closed at 5,266.75 points, up 36....
DATE: Nov 12, 2009
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NEW YORK (AP) — Of all the items set to go on the auction block this week at a midtown Manhattan hotel, there's one that would take some mettle to wear in public: A satin New York Mets baseball jacket emblazoned with the name "Madoff".
The jacket — v...
DATE: Nov 12, 2009
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BF&M Ltd. saw its share price fall 75 cents (4.7 percent) on The Bermuda Stock Exchange (BSX) yesterday.
The insurer closed the day at $15.05 with 1,000 shares traded.
Elsewhere, Butterfield Bank transacted 105,300 shares as its share value dropped 1...
DATE: Nov 10, 2009
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