49296 results returned for search: "" category ("Other" AND "Business")
Government has come under fire for failing to tackle the problem of soaring inflation after the inflation rate peaked at a 19-year high of 4.8 percent.
According to the latest Consumer Price Index report released by the Department of Statistics on Mo...
DATE: Jan 09, 2008
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Butterfield Bank was the only company to trade any shares on the Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
The Bank saw 2,600 shares change hands throughout the course of the day, but its share price remained the same at $18.10.
Ove...
DATE: Jan 08, 2008
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Arch Insurance Group, a member of Bermuda-based Arch Capital Group, has formed a new Energy division—Arch Worldwide Energy(SM) — that harnesses all property/casualty energy related capabilities in Arch through one dedicated unit to heighten its respo...
DATE: Jan 08, 2008
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Leading risk modelling company AIR Worldwide Corporation yesterday suggested that a likely higher incidence of Atlantic storm activity does not necessarily equate to a risk of more hurricanes making landfall in the US.
Research by a team of AIR scien...
DATE: Jan 08, 2008
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AUTHOR:
Jonathan Kent
XL Re Ltd. announced yesterday that certain of XL's operating companies have entered into a quota share reinsurance treaty with a newly-formed Bermuda reinsurance company, Cyrus Reinsurance II Ltd.
Greg Hendrick, president and chief underwriting offi...
DATE: Jan 08, 2008
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Bermuda-based fund management company Lake Shore Asset Management Ltd. has been ordered to pay a fine of $25,000 a day by a US judge for failing to cooperate with an investigation into trading losses that have left investors being owed tens of millio...
DATE: Jan 08, 2008
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HAMILTON (BUSINESS WIRE) - Textainer Group Holdings Limited, the world's largest lessor of intermodal containers based on fleet size, has re-entered the refrigerated container market segment. Textainer has ordered 800, 40ft High Cube reefers with Car...
DATE: Jan 08, 2008
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HCC Insurance Holdings, which has offices in Bermuda, has acquired Indiana-based MultiNational Underwriters (MNU) and also been given approval to establish a new Lloyd's of London syndicate.
MNU provides international life, accident and health insura...
DATE: Jan 08, 2008
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JOHANNESBURG (Bloomberg) — Bermuda-based Aquarius Platinum Ltd. said its Marikana and Everest mines passed a national safety audit ordered by South African President Thabo Mbeki after the country's mineworker death toll climbed for the first time in ...
DATE: Jan 08, 2008
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NEW YORK (Bloomberg) — White Mountains Insurance Group Ltd., the Bermuda-based insurer, agreed to buy an affiliated business for $150 million after ending its reinsurance contract with the company because of lower demand for catastrophe coverage.
Whi...
DATE: Jan 08, 2008
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