49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Reuters) - Insurance chiefs see tough times for the industry over the next few years, plagued by softening market conditions eroding profitability, and the difficulty of adapting technology to a constantly changing risk landscape.
Softening...
DATE: Jun 03, 2008
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SAO PAULO (Bloomberg) — Bermuda-based GP Investments Ltd., Latin America's largest private equity fund, agreed to buy a stake in Hypermarcas SA of Brazil as part of deal involving a local pharmaceuticals maker.
GP will receive half of 39.72 million n...
DATE: Jun 03, 2008
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More Bermudians could reach the top tier of insurance company management if the Island offered a specialist leadership training course.
That is the view of insurance and reinsurance consultant Andrew Barile, who has more than four decades of experien...
DATE: Jun 03, 2008
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AUTHOR:
Jonathan Kent
A Guernsey resident captive insurance consultant, Callum Beaton, who does business in Bermuda, has been awarded the Chartered Insurance Institute's Rutter Medal. The medal, presented annually, is awarded to the best qualifying new Fellow of the Chart...
DATE: Jun 03, 2008
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NEW YORK (AP) - Wall Street retreated sharply yesterday on more signs of economic weakness and executive shake-ups at two major banks - reminders of the ongoing fallout from the credit crisis. The Dow Jones industrial average fell more than 130 point...
DATE: Jun 03, 2008
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Belco Holdings Ltd. was the biggest mover onThe Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The utilties company saw its share price rise $1 (five percent) to close at $21, with 9,400 shares traded.
Argus Group Holdings Ltd. also trad...
DATE: Jun 03, 2008
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Quanta Capital Holdings Ltd. is set to be taken over by Catalina Holdings (Bermuda) Ltd. after the two companies entered into a definitive amalgamation agreement.
Pursuant to the amalgamation agreement, Catalina will acquire Bermuda holding company Q...
DATE: Jun 02, 2008
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The fallout from the credit crunch has highlighted the importance of liquidity to the global economy and investors alike.
And that value has been recognised by a number of banks and financial institutions across Bermuda, who have, in turn, set up the...
DATE: Jun 02, 2008
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NEW YORK (Bloomberg) - CIFG Guaranty's bond insurer ratings were cut to below investment grade by Fitch Ratings on concern the company's losses may cause it to become insolvent.
The insurer financial strength rating was cut 11 levels to CCC from A-, ...
DATE: Jun 02, 2008
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NEW YORK (Reuters) - If the jobs report and other economic releases confirm the past week's decent numbers and if oil does not throw a wrench in the works, stocks could start June on a strong note.
If that is the case, investors could shift more of t...
DATE: Jun 02, 2008
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