49296 results returned for search: "" category ("Other" AND "Business")
LONDON (AP) — Four nations were blacklisted as uncooperative tax havens yesterday after G-20 leaders declared the age of banking secrecy was over and said they would no longer tolerate shady havens draining away badly needed tax revenue.
At the reque...
DATE: Apr 03, 2009
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Lancashire Holdings Ltd. has applied to the UK Listing Authority and the London Stock Exchange for a block listing of shares.
The application is for one million common shares of 50 cents each to trade on the London Stock Exchange and to be admitted t...
DATE: Apr 03, 2009
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HARTFORD, Connecticut (AP) - The former chief financial officer at General Re Corp. was sentenced yesterday to 18 months in federal prison for her role in an accounting fraud scandal that artificially propped up the stock price of insurer American In...
DATE: Apr 03, 2009
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NEW YORK (Bloomberg) — Max Capital Group Ltd. chief executive officer Marston Becker said he expects to prevail over rival reinsurance firm Validus Holdings Ltd. in the competition to combine with IPC Holdings Ltd.
Max Capital won't improve on its "u...
DATE: Apr 03, 2009
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The issues facing offshore trustees embroiled in foreign court proceedings was the topic up for debate at law firm Conyers Dill & Pearman's first ever Trusts and Trust Litigation Forum at London's Coq d'Argent.
A mixture of contentious and non-conten...
DATE: Apr 02, 2009
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DETROIT (AP) — Talk of government loans and bankruptcy and a 37 percent drop in March sales isn't good news, but despite it all, there seems to be a little optimism returning to the US auto industry.
Carmakers' March sales were dismal compared with l...
DATE: Apr 02, 2009
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The ratings of Bermuda-based Aspen Insurance Ltd. and UK-based Aspen Insurance UK Ltd. will be unaffected by Aspen's announced share sale, said Standard & Poor's Ratings Services (S&P).
The ratings agency said that Aspen Insurance UK Ltd. and Aspen I...
DATE: Apr 02, 2009
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Significant progress has been made in enhancing the framework for Bermuda's insurance industry and ensuring regulatory equivalence with its key trading partners, but there is still considerable work to be done.
That is the view of Matthew Elderfield,...
DATE: Apr 02, 2009
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Butterfield Bank slipped back further again as its share price dropped 50 cents (9.09 percent) to $5 on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank traded 94,100 shares throughout the day.
Argus Group Holdings Ltd. also s...
DATE: Apr 02, 2009
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LONDON (Bloomberg) — UK companies' profitability dropped to a three-year low in the fourth quarter as Britain's recession deepened.
The net annual rate of return for non-financial businesses fell to 12.8 percent, the lowest since the final three mont...
DATE: Apr 02, 2009
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