49296 results returned for search: "" category ("Other" AND "Business")
Former RenaissanceRe chief executive officer Jim Stanard has been recruited by Insight Catastrophe Group to serve as non-executive chairman of its board of managers.
Insight is a specialty provider of property catastrophe risk management and underwri...
DATE: Jan 09, 2008
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A total of 2,000 shares worth $36,200 were traded on the Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
But the Index remained unchanged at 4,890.55.
Butterfield Bank were the only company to experience any movement, with 2,000 shares ch...
DATE: Jan 09, 2008
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NEW YORK (Bloomberg) — The employment report last week proved that the US economy entered its first recession since 2001, according to Merrill Lynch & Co.'s David Rosenberg.
"Friday's employment report confirmed our suspicions that the economy was tr...
DATE: Jan 09, 2008
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Insufficient emphasis by regulators has been placed on the investigation of "suspicious activities" by licensed companies, managers and executives under Bermuda law.
That is the view of Michael Hardy, an FCA and who has been an auditor, accountant an...
DATE: Jan 09, 2008
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LONDON (Bloomberg) — Bermuda-based Golden Ocean Group Ltd., a commodity shipping line led by Norwegian billionaire John Fredriksen, sold a commodity carrier for $121.4 million.
The carrier, which is being built in South Korea, will be delivered to it...
DATE: Jan 09, 2008
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Electronics maker Haier claims its Ibiza Rhapsody media player "requires no PC hook-up — ever!" because it can wirelessly tap AOL Video and the Rhapsody To Go music service without having to be tethered to a computer.
Never one to shrink from a chall...
DATE: Jan 09, 2008
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NEW YORK (Bloomberg) — Ex-American International Group Inc. chief executive officer Maurice (Hank) Greenberg was "unhappy" with a stock drop in 2000 driven by concern over the insurer's reserves, the company's head of investor relations testified yes...
DATE: Jan 09, 2008
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Security Capital Assurance Ltd.'s (SCA) share price reached a 52-week low, dropping 23.7 percent (75 cents) to close at $2.41 yesterday.
SCA's 52-week high had been $34.58 earlier last year, but it has been in free-fall since October 2007.
Meanwhile,...
DATE: Jan 09, 2008
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A headline in yesterday's Business section should not have stated that XL Capital's Clive Tobin is retiring from the company. As stated in the story, he is remaining with the company after stepping down as chief executive of insurance operations. In ...
DATE: Jan 09, 2008
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Allied World Assurance Company president and chief executive officer Scott Carmilani has been appointed chairman of the company's board, effective January 1, 2008.
Former chairman Michael Morrison will continue to serve as a director. Mr. Carmilani w...
DATE: Jan 09, 2008
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