49296 results returned for search: "" category ("Other" AND "Business")
OMAHA, Nebraska (AP) - Billionaires Warren Buffett and Charlie Munger say the pain many financial institutions are feeling because of the credit crunch is well deserved.
The chairman and vice-chairman of Berkshire Hathaway Inc. said on Sunday that th...
DATE: May 06, 2008
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Combined Insurance Company of America (CICA), purchased by Ace Ltd. this year, has been upgraded by Moody's Investors Service.
Moody's said it upgraded CICA's long-term insurance financial strength (IFS) rating to 'A2' from 'A3', after Ace Ltd. compl...
DATE: May 06, 2008
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This year's Risk and Insurance Management Society (RIMS) 2008 conference in San Diego proved to be a big success all round for Bermuda's participants.
The Bermuda booth was the focal point for much of the activity that went on throughout the five day...
DATE: May 06, 2008
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CellularOne owners Bermuda Digital Communications recorded revenue of $5.3 million in the first quarter of this year.
Results published by US telecommunications company Atlantic Tele-Networks (ATN), which owns a 58-percent stake in BDC, showed the co...
DATE: May 06, 2008
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AUTHOR:
Jonathan Kent
Protesters have flown in to ensure their voices are heard when a top Wall Street investment bank holds its shareholder meeting at Elbow Beach today.
The protesters claim executives of Lazard Ltd., which is incorporated in Bermuda, have failed to impr...
DATE: May 06, 2008
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Bermuda is in the world's top three reinsurance centres with 12 of its reinsurers in the top 40 global companies, a report by a leading US business school has revealed.
The findings of the study published by Professor David Cummins, a Harry Loman Pro...
DATE: May 06, 2008
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Bermuda Commercial Bank Ltd. warrants saw its share price drop 57.5 percent ($1.15) to close at 85 cents on The Royal Gazette/Bermuda Stock Exchange (BSX) Index yesterday.
The bank warrants also traded 12,700 shares.
The only other mover was BF&M Ltd...
DATE: May 06, 2008
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MasterCard Worldwide has given Butterfield Bank an award for excellent performance.
Butterfield Bank received a Regional Quality Award for excellence in operational achievements.
The annual award acknowledges excellent performance in key service area...
DATE: May 06, 2008
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Argo Group International Holdings Ltd. boosted its profits by almost 50 percent for the first quarter 2008.
The Bermuda-based international specialty insurer and reinsurer for the casualty and property market saw its net income climb 47 percent to $3...
DATE: May 06, 2008
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NEW YORK (Bloomberg) — Billionaire Warren Buffett, whose Berkshire Hathaway Inc. has begun competing with MBIA Inc. and Ambac Financial Group Inc. to insure municipal bonds, said some rivals don't deserve their AAA credit ratings.
Credit-rating firms...
DATE: May 06, 2008
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