49296 results returned for search: "" category ("Other" AND "Business")
For decades the common perception has been that Bermudians can go into the tourism industry, but cannot move up.
However, one woman has proved that adage wrong. Nelda Simons is currently regional director of human resources for the Fairmont Hotel and...
DATE: Aug 05, 2008
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NEW YORK (Bloomberg) - Just when American International Group Inc. (AIG) shareholders figured things could not get worse at the world's largest insurer, profit from the company's private equity and hedge fund investments is evaporating.
Earnings from...
DATE: Aug 05, 2008
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NEW YORK (Bloomberg) - Aon Corp., the biggest insurance broker, said customers pinched by the slowdown in US economic growth are cutting back the amount they spend on coverage.
"The economy is obviously impacting our clients," CEO Gregory Case said o...
DATE: Aug 05, 2008
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Bacardi Ltd. has appointed Seamus McBride as its new president and CEO, effective from the start of next month.
Mr. McBride, who will be based at the company's headquarters in Bermuda, will join Bacardi from the Colgate-Palmolive Co., where he served...
DATE: Aug 05, 2008
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CALGARY, Alberta (Reuters) - Acquisitive major resource companies are thinking small, and it is generating some big buzz.
Niche players in Canadian oil, gas and mining that were scarcely known outside their home base have attracted the attention of m...
DATE: Aug 04, 2008
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It proved to be a week of highs and lows on The Royal Gazette/Bermuda Stock Exchange Index (BSX) last week.
The insurance sector was the strongest, with Argus Group Holdings Ltd. up 75 cents at $14.75, BF&M Ltd. rose 45 cents to $19.95.
KeyTech led t...
DATE: Aug 04, 2008
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NEW YORK (Reuters) - The US dollar climbed to five-week peaks against the euro and three-week highs against the British pound on Friday as better-than-expected economic data allayed worries about a much sharper slowdown.
The yen, on the other hand, g...
DATE: Aug 04, 2008
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Maiden Holdings Ltd. reported a net income of $13.8 million and net premium written of $171.3 million for the second quarter.
This is the second financial reports the Bermuda-based company has released since it was formed last June.
The firm provide...
DATE: Aug 04, 2008
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NEW YORK (Bloomberg) - Willis Group Holdings Ltd., the world's third-largest insurance broker, said second-quarter profit fell 50 percent on costs including severance and buyouts.
Net income dropped to $39 million, or 27 cents a share, from $78 milli...
DATE: Aug 04, 2008
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Bermuda-based Aspen Insurance Holdings Ltd. reported a 10.6-percent rise in net income for the second quarter, aided by low catastrophe losses.
The insurer and reinsurer said on Wednesday evening that net earnings for the quarter totalled $126.9 mill...
DATE: Aug 04, 2008
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AUTHOR:
Jonathan Kent
