49296 results returned for search: "" category ("Other" AND "Business")
If America's economic woes drag on into next year, Bermuda had better "watch out" for possible changes to the US tax system that could impact on the Island's international business sector, warned a former US Commerce Secretary yesterday.
Mickey Kanto...
DATE: Feb 29, 2008
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Argus Group Holdings Ltd. proved to be the wisest investment as its share price soared 95 cents (6.1 percent) on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The insurance companyboosted its share value to $16.45, with 3,023 shares...
DATE: Feb 29, 2008
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Bermuda-based reinsurer Annuity and Life Re (Holdings) Ltd. has resolved its disputes with Transamerica over its reinsurance contracts with F&G and Scottish Re. The novations were effective December 31, 2004, and had been the subject of arbitration a...
DATE: Feb 29, 2008
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KANSAS CITY, Missouri. (AP) - Sprint Nextel Corp. swung to a fourth-quarter loss of $29.5 billion yesterday as it wrote down most of the remaining value of its 2005 purchase of Nextel Communications Inc. and continued to lose customers to competitors...
DATE: Feb 29, 2008
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Amlin Bermuda's contribution helped UK-based parent company Amlin post full-year profits of $881.3 million for 2007.
The Island-based reinsurance arm of the Lloyd's of London insurer wrote $465.8 million of gross premium last year, compared to $411.2...
DATE: Feb 29, 2008
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AUTHOR:
Jonathan Kent
Directors' and officers' (D&O) liability insurance costs for financial institutions significantly increased in the fourth quarter 2007, according to a D&O pricing index released yesterday by Aon Corporation.
The index, which was written by Aon Financ...
DATE: Feb 28, 2008
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Butterfield Bank saw its share price drop back 10 cents (0.6 percent) on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The bank, which had just gained 10 cents the previous day, closed down at $18, with 18,723 shares traded.
The Ind...
DATE: Feb 28, 2008
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NEW YORK (Bloomberg) - Foster Wheeler Ltd., the Hamilton, Bermuda-based designer of oil refineries, fell the most in more than three years after fourth-quarter earnings missed analysts' estimates.
Foster Wheeler, which operates from Clinton, New Jers...
DATE: Feb 28, 2008
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Seeing how Bermuda fits into the global economy will be the focus for the Bermuda International Business Association's (BIBA) AGM today.
That is the hope of BIBA chief executive officer Cheryl Packwood, who is welcoming Bill Clinton's former US secre...
DATE: Feb 28, 2008
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Credit rating agency AM Best is maintaining a stable outlook for the global reinsurance sector in 2008, though it has concerns that the price deterioration of soft market conditions and strong competition could affect operating performance.
Bermuda h...
DATE: Feb 28, 2008
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