49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) - The Toronto Stock Exchange's main index rose for a second day yesterday, overcoming a rocky start on a bargain-hunting rally in hard-hit resource shares.
Among the big gainers, fertilizer producer Potash Corp of Saskatchewan was u...
DATE: Sep 12, 2008
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Bermuda-based Lehman Re was downgraded after its parent company Lehman Brothers Holding Inc.'s shares plummeted 42 percent to close at $4.22 yesterday (read more on page 23).
The reinsurance subsidiary of Lehman Brothers saw its financial strength ra...
DATE: Sep 12, 2008
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A Bermudian rising star in the reinsurance industry has been honoured with a prestigious global award for his work.
Gino Smith, an assistant vice-president and underwriter at XL Re, was presented with the Future Industry Leader award at the World Rei...
DATE: Sep 12, 2008
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Government has been warned by the Association of Bermuda International Companies (ABIC) to show its "unequivocal support" of Bermuda's international business sector if the Island is to avoid being overlooked as an offshore jurisdiction of choice.
ABI...
DATE: Sep 12, 2008
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NEW YORK (AP) — Stocks made a stunning comeback yesterday, as investors snapped up some of the financial sector's stronger players and pumped money into the materials and transportation sectors. The Dow Jones industrial average rose more than 160 poi...
DATE: Sep 12, 2008
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LONDON (AP) — Bank of England governor Mervyn King warned yesterday that planned money market reforms by the central bank will not provide long-term assistance to banks facing tougher lending conditions, arguing that was a government responsibility.
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DATE: Sep 12, 2008
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MONACO (Reuters) - Conditions look right for takeovers among the world's reinsurers, but they are ruling out using their considerable cash piles to snap up rivals at rock-bottom prices.
With risk prices falling and competition increasing, reinsurers ...
DATE: Sep 11, 2008
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DATE: Sep 11, 2008
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Bermuda's insurance industry will take centre stage at a top conference in Boston next week.
The conference entitled 'Bermuda in Boston 2008 Conference', which is run by global investment bank Fox-Pitt Kelton Cochran Caronia Waller, will take place a...
DATE: Sep 11, 2008
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DATE: Sep 11, 2008
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