49296 results returned for search: "" category ("Other" AND "Business")
Bermuda is seeking to become a leading centre for catastrophe bonds and other specialist insurance investment following the launch of the Bermuda Monetary Authority's (BMA) latest publication on the supervision of Special Purpose Insurers (SPIs).
The...
DATE: Oct 06, 2009
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FRIEND TURNED BOSS: You have lunch together every day, grab an occasional drink after work, and have gotten each other through work-related crises. So wouldn't it be strange if your office buddy became your new boss?
It's more likely to happen in the...
DATE: Oct 06, 2009
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Bermuda-based corporate credit manager Primus Guaranty said one of its subsidiaries had paid $6.5 million to terminate a major portfolio of credi-default swaps.
The deal between Primus Financial Products and "a significant counterparty", who was not ...
DATE: Oct 06, 2009
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Bermuda-based fund promoter Robert Hager killed himself three days before a court hearing related to his efforts to empty a bank account in the name of his employer, a court heard.
Mr. Hager, the president of Founding Partners Capital (Bermuda) Ltd.,...
DATE: Oct 06, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — Bermuda-based MF Global Ltd., the securities firm spun off from the largest publicly traded hedge-fund manager, named former Bank of America Corp. executive Peter Forlenza as global head of equities.
Forlenza, 43, founded Outpo...
DATE: Oct 06, 2009
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Bermuda-based Syncora Holdings Ltd. has announced the appointment of four new independent directors.
William Fitzgerald and Robert Shippee will join the company's Board of Directors and the Boards of its financial guarantee insurance subsidiaries, Sy...
DATE: Oct 06, 2009
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Bermuda reinsurer PartnerRe Ltd. has bought a block of common stock of merger partner Paris Re sufficient to give it an 83 percent stake of the Switzerland-based reinsurer.
PartnerRe chief executive officer Patrick Thiele said his company now had con...
DATE: Oct 06, 2009
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AUTHOR:
Jonathan Kent
Belco's president and CEO Vince Ingham has been elected to the CARILEC (Caribbean electric utilities) board of directors for 2009-2012.
Mr. Ingham, who was chosen to take on the role at the association's Annual General Meeting, is relishing the oppor...
DATE: Oct 06, 2009
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LONDON - Britain's top share index closed 0.7 percent higher after US ISM non-manufacturing data came in better than forecast, with heavyweight UK miners and banks the best performing sectors. The FTSE 100 closed at 5,024.33 points, up 35.63 or 0.71 ...
DATE: Oct 06, 2009
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Bermuda-based Orient-Express Hotels Ltd. has sold the Windsor Court Hotel in New Orleans, the company announced yesterday.
The company sold the property to The Berger Company, Inc. for $44.25 million.
Orient-Express president and chief executive offi...
DATE: Oct 06, 2009
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