49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based Catlin Group Ltd., the international specialty property/casualty re/insurer, has announced that the group will start writing selected classes of short-term life re/insurance, effective from next month.
The life business to be written by...
DATE: Apr 24, 2009
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Butterfield Fulcrum has announced the appointment of industry veteran T Andrew Smith as the firm's global head of business development and marketing.
Mr. Smith brings extensive experience in fund services and a strong track record of global instituti...
DATE: Apr 24, 2009
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LONDON (Bloomberg) – Aquarius Platinum Ltd., the fourth-biggest platinum producer in the world last year, posted a profit after two prior quarters of losses because costs for diesel and explosives dropped.
Net income was $6.5 million, or two cents a...
DATE: Apr 24, 2009
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Stress testing of Bermuda's insurance companies is likely to become a regular feature of regulation on the Island - even after the global economy has recovered from its present plight.
Shelby Weldon, director of insurance licensing and authorisation ...
DATE: Apr 24, 2009
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NEW YORK (AP) - About halfway through first-quarter earnings reports, Wall Street still is not sure where the economy is headed.
The Dow Jones industrials closed yesterday with a gain of about 71 points, or 0.9 percent, but only after another shaky, ...
DATE: Apr 24, 2009
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WASHINGTON (AP) — President Barack Obama said yesterday he is determined to get a credit-card law that eliminates the tricky fine print, sudden rate increases and late fees that give millions of consumers headaches.
"I trust that those in the industr...
DATE: Apr 24, 2009
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DETROIT (AP) — General Motors Corp. said yesterday it will temporarily close 13 assembly plants in the US and Mexico — some for more than two months — as it tries to pare back its bloated inventory due to slumping sales.
The company said in a stateme...
DATE: Apr 24, 2009
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NEW YORK (AP) — Royal Caribbean Cruises Ltd., battered by a sharp and prolonged drop in vacation spending, said yesterday it lost less in the first quarter than expected as bookings stabilised and cruise costs declined more than anticipated.
Travelle...
DATE: Apr 24, 2009
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Students were given an insight into the world of insurance by Marsh and Guy Carpenter & Company LLC courtesy of a three-month road show held at Bermuda's public and private schools.
The initiative, which is in its second year, uses interactive presen...
DATE: Apr 24, 2009
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NEW YORK (Bloomberg) — US Airways Group Inc. posted a first-quarter net loss of $103 million as the recession crimped travel demand, while JetBlue Airways Corp. reported a profit of $12 million on lower fuel costs. Both beat analysts' estimates.
The ...
DATE: Apr 24, 2009
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