49296 results returned for search: "" category ("Other" AND "Business")
The Royal Gazette/Bermuda Stock Exchange Index (BSX) finished a busy week up 16.39 points (0.32 percent) at 4,996.8 last week.
A total of 126,424 shares worth $2,138,409.65 were traded during the five days.
Insurance was the busiest sector, with BF&M...
DATE: Jun 02, 2008
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Rising inflation is causing concern around the world. People are demonstrating about higher food prices in developing countries, while there are rumblings of discontent about high fuel costs in developed ones. And, naturally, this is getting the poli...
DATE: Jun 02, 2008
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Omega Specialty Insurance Company Ltd. (Bermuda) (OSIL) has been affirmed the financial strength rating of A- (excellent) and issuer credit rating (ICR) of "a-" by AM Best Co.
The outlook for both ratings remains stable.
In Best's opinion, OSIL's ris...
DATE: Jun 02, 2008
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Last year, Hurricanes Dean and Felix smashed into Mexico's Yucatan peninsula and Nicaragua. They were category five storms - the most powerful and devastating - marking the first time since at least 1851 that two hurricanes of such size came ashore i...
DATE: Jun 02, 2008
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NEW YORK (Reuters) - The dollar fell against the euro on Friday as some investors sold the US currency after a string of recent gains had pushed it to its first back-to-back monthly gains since January 2007.
Demand for the greenback has increased rec...
DATE: Jun 02, 2008
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Investors will be able to get a better service thanks to an upgrade to Lines Overseas Management Ltd.'s portfolio management system.
The company, which is a subsidiary of LOM (Holdings) Ltd., has selected the Bloomberg Portfolio Order Management Syst...
DATE: Jun 02, 2008
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TORONTO (Reuters) - Strong gold and base metals prices have been key to the Toronto Stock Exchange's winning formula, but the continuing upward creep of mining costs has put the brakes on bigger gains.
Based largely on the strength of the materials a...
DATE: Jun 02, 2008
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WASHINGTON (AP) - The Federal Reserve's emergency loans to banks climbed to the highest level on record even as Wall Street investment companies scaled back their borrowing.
The investment houses were given similar loan privileges as the banks in Mar...
DATE: Jun 02, 2008
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NEW YORK (Reuters) - Defaults on privately insured US mortgages rose sharply in April, showing homeowners continue to struggle to keep up with loan payments.
But a one-time change in some of the data may have painted a worse picture than reality, acc...
DATE: Jun 02, 2008
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High-flying students attended a special one day workshop on insurance with St. John's University.
The workshop was held by St. John's University's School of Risk Management (SRM), a division of The Peter J Tobin College of Business. Three students fr...
DATE: Jun 02, 2008
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