49296 results returned for search: "" category ("Other" AND "Business")
WASHINGTON (Reuters) - The financial fallout from Lehman Brothers Holdings' bankruptcy outside the United States has been about $300 billion, the head of Germany's financial regulator said yesterday, adding that banks in future will face tighter over...
DATE: Oct 14, 2008
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Clive Tobin has been named chief executive of Bermuda-based specialty insurer Torus Insurance Holdings Ltd.
Mr. Tobin will succeed David Hope as CEO effective from January 1, 2009. Mr. Hope will remain as chief underwriting officer.
Most recently, Mr...
DATE: Oct 14, 2008
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Strands Skin Spa and Health Salon is celebrating its 30th anniversary this year.
Since its inception in December 1978, the hair and beauty salon has relocated from Bermudiana Road to Reid Street and grown from five to 35 employees.
And this year it m...
DATE: Oct 14, 2008
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Ace Bermuda announced last week that it was increasing capacity on integrated occurrence coverage by $50 million.
"Ace Bermuda is pleased to offer this additional $50 million capacity for Integrated Occurrence coverage," said Rees Fletcher, president...
DATE: Oct 14, 2008
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It was a case of declines all round on The Royal Gazette/Bermuda Stock Exchange Index (BSX) last week.
Banking was the hardest hit sector, as Bermuda Commercial Bank Ltd. fell 25 cents (2.70 percent) and Butterfield Bank dropped 20 cents (1.66 percen...
DATE: Oct 14, 2008
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Throughout Financial Planning Week in Bermuda, October 6-12, 2008, we have been following the Couple family, a composite family created by Argus Financial Limited, as they take charge of their financial wellness. Here is the fourth part of their stor...
DATE: Oct 11, 2008
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When investment markets are as unpredictable and volatile as they have been lately; when security values in personal portfolios are dropping like stones, investors cannot ignore the results. Having a personal financial plan in place that defines curr...
DATE: Oct 11, 2008
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WASHINGTON/NEW YORK (Reuters) - Finance chiefs of the world's major economies pledged yesterday to take decisive action and work together to stem the escalating financial crisis after another day of gut-wrenching drops on world markets.
Reeling from ...
DATE: Oct 11, 2008
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NEW YORK (Bloomberg) — Ace Ltd., the insurer that moved its holding company headquarters to Zurich from the Cayman Islands, said third-quarter earnings fell and the value of investments declined by $1.5 billion.
Operating income, which excludes losse...
DATE: Oct 11, 2008
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Belco Holdings Ltd. boosted its share price by the tune of $2 (12.5 percent) to close at $18 on The Royal Gazette/Bermuda Stock Exchange (BSX) Index yesterday.
The utilities company traded 100 shares.
Butterfield Bank, meanwhile, dropped 15 cents (1....
DATE: Oct 11, 2008
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