49296 results returned for search: "" category ("Other" AND "Business")
Bermuda insurers are likely to be involved in increased merger and acquisition activity in the industry this year, according to Deloitte.
The global accountancy firm's report, "The 2009 Insurance M&A Outlook: Opportunity in an Uncertain Environment",...
DATE: Jun 23, 2009
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RenaissanceRe Holdings Ltd. is to rebrand its Glencoe Group US insurance operations, which will now be known as RenRe Insurance.
This rebranding initiative will enable the company's insurance operations to leverage the strength of the RenaissanceRe b...
DATE: Jun 22, 2009
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Visitor spending plunged more than 45 percent in the first three months of this year, according to figures released by the Department of Statistics.
The numbers in the Quarterly Bulletin of Statistics for the first quarter reveal the brutal economic ...
DATE: Jun 22, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) - Teekay Tankers Ltd., an operator of vessels that carry crude oil, will offer seven million shares, raising cash to buy a Suezmax-class ship for $57 million and pay down debt.
The shipowner will use the proceeds of the sale to b...
DATE: Jun 22, 2009
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NEW YORK (Reuters) - US states probing employee bonuses paid by American International Group Inc. (AIG) using taxpayer money plan to join federal investigators in the matter, while leaving open the possibility of pursuing the case themselves.
Since M...
DATE: Jun 22, 2009
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Kentucky Fried Chicken Bermuda was the biggest decliner on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday, falling 50 cents (8.33 percent) to $5.50.
The fast food franchise traded 5,564 shares during the day.
But Belco Holdings Ltd. r...
DATE: Jun 22, 2009
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Japanese officials were in Bermuda last week to negotiate a tax information exchange agreement (TIEA) with the Finance Ministry's Treaty Unit.
Finance Minister Paula Cox said in the House of Assembly on Friday that negotiations with Japan would be co...
DATE: Jun 22, 2009
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AUTHOR:
Jonathan Kent
Computer and Internet users will be able to enjoy a better service after TeleBermuda International Ltd. (TBI) announced the expansion of its data centre facility inSt.David's.
TBI's latest investment in Bermuda's telecommunications infrastructure wil...
DATE: Jun 22, 2009
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LONDON (AM BestWire) - Lancashire Holdings Ltd., a Bermuda-domiciled insurer and reinsurer that was formed at the end of 2005 after the devastating hurricanes of that year, has joined the FTSE 250 Index of Britain's 250 largest listed companies.
Ric...
DATE: Jun 22, 2009
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NEW YORK (Bloomberg) - President Barack Obama's plan to create a US insurance office after the $182.5 billion bailout of American International Group Inc. (AIG) may take powers from the states that have overseen the industry for more than 135 years.
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DATE: Jun 22, 2009
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