49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (Bloomberg) — President Barack Obama signalled support for a proposal to impose fees on some of the nation's largest financial firms to cover losses from risky transactions and avert another market meltdown.
Obama, at a White House news co...
DATE: Jul 24, 2009
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Net income: $173.9 million compared to $47.5 million in 2008
Gross premiums written: $127.5 million compared to $105.2 million
Combined ratio: 23.6 percent compared to 10.2 percent in 2008
DATE: Jul 24, 2009
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Platinum Underwriters Holdings, Ltd. announced today that it has increased the authorized amount under its existing share repurchase program to a total of up to $250 million of its common shares. This represents an increase of approximately $41 milli...
DATE: Jul 24, 2009
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Bermudian James Keyes has been appointed to the boards of the Renaissance Pre-IPO Fund, Renfin Ltd., Renaissance Russia Distressed Assets Ltd. and Russia Infrastructure Equities Ltd., replacing ex-director Sarah Moule.
DATE: Jul 24, 2009
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LONDON (Reuters) - A political battle over the future shape of financial supervision in Britain makes applying lessons from the credit crunch and hiring new regulators harder, the country's top market watchdog said yesterday.
"It would be idiotic to ...
DATE: Jul 24, 2009
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Net income: $158.6 million compared to $196.7 million in 2008
Combined ratio: 87.2 percent compared to 87.1 percent in 2008
Gross premiums written: $911.9 million compared to $886.9 million in 2008
DATE: Jul 24, 2009
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The Department of Labour and Training will host its Employment Act 2000 presentation event today to provide employers with a better understanding of the Act.
The event will be held in the EF Gordon Memorial Hall at the Bermuda Industrial Union, start...
DATE: Jul 23, 2009
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Small businesses will be able to stock up on more of their leading products and homeowners clear out their garages thanks to a new state-of-the-art self storage facility which is set to be launched next year.
Island Self Storage Ltd., which is the br...
DATE: Jul 23, 2009
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Bacardi Ltd. has announced that the Supreme Court of Spain has decided to hear its appeal in the case over trademark rights to the Havana Club rum brand.
The Bermuda-base spirits company believes the court's decision is a "critically important and su...
DATE: Jul 23, 2009
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Bermuda-based XL Capital Ltd. has sold its US life reinsurance operations to a unit of the Scor Group in a cash deal worth $45.1 million.
XL announced last summer that it was exploring options for its life businesses as it sought to sharpen its focus...
DATE: Jul 23, 2009
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AUTHOR:
Jonathan Kent