49296 results returned for search: "" category ("Other" AND "Business")
Bermudian Gino Smith earned a standing ovation from some 350 insurance industry peers on Saturday evening after a speech outlining his meteoric rise from a pack-racing youth to an assistant vice-president at XL Re.
Accepting his award as Young (Re)in...
DATE: May 12, 2008
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — Bermuda-based Marvell Technology Group Ltd., the maker of chips for Apple Inc.'s iPod media player, will pay $10 million to settle US Securities and Exchange Commission claims it improperly backdated stock-option grants for emp...
DATE: May 12, 2008
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Argo Group Ltd.'s new chief financial officer Jay Bullock is looking forward to putting his advice into practice when he takes on the role at the Bermuda-based specialty insurer and reinsurer this week.
For Mr. Bullock, who lists a number of top fina...
DATE: May 12, 2008
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More than $1 million worth of shares were traded on The Royal Gazette/Bermuda Stock Exchange during the past week.
The Index saw 109,010 shares swap hands and dropped 14 points over the five-day period. It closed at 5,022.31.
Bermuda Commercial Bank ...
DATE: May 12, 2008
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Bermuda reinsurer Validus Holdings announced on Friday that its board of directors has declared a quarterly dividend of $0.20 per each common share and $0.20 per common share equivalent, for which each outstanding warrant is then exercisable.
The div...
DATE: May 12, 2008
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NEW YORK (Bloomberg) — Bermuda-based Global Crossing Ltd., the network operator that survived one of the largest US corporate bankruptcies, said new orders are steady in the face of a global credit crisis and the prospect of an economic slowdown.
Ave...
DATE: May 12, 2008
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Fitch has affirmed the short-term and individual ratings of Bermuda Commercial Bank (BCB) and has removed the ratings from "rating watch evolving".
Fitch said its action reflects recent developments indicating BCB's previously announced efforts to se...
DATE: May 12, 2008
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NEW YORK (Bloomberg) — American International Group Inc led the Dow Jones Industrial Average lower on Friday after the world's biggest insurer said it needs to raise $12.5 billion and may face more write-downs after two consecutive record quarterly l...
DATE: May 12, 2008
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Musings on mothers: Mothers have an incredible physiological uniqueness, yet to be duplicated by the male species in spite of a recent media article about male pregnancy — the individual in question had a sex change operation from female to male. Whi...
DATE: May 10, 2008
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A small backlog of letters has accumulated, and we will deal with them now, while they're fresh in my inbox.
The first subject that drew readers' attention was last week's rant about tax bullies, in which I attempted to even-handedly dismiss as fasci...
DATE: May 10, 2008
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