49296 results returned for search: "" category ("Other" AND "Business")
Reinsurance renewal prices have continued to fall across the board for 2008, leaving reinsurers exposed to taking a bigger hit in the event of a natural disaster.
Some areas of reinsurance are faring better than others, with the cost of marine reinsu...
DATE: Jan 03, 2008
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The Horizons-2 satellite joint venture between Bermuda-registered Intelsat and Japan's JSAT Corporation, will fulfill a security role for the East Coast of the US as well as providing commercial use for the Caribbean, the US and Canada.
As reported i...
DATE: Jan 03, 2008
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AUTHOR:
Scott Neil
Belco has been given clearance to raise it electricity rates to customers by 2.5 percent every year for the next four years. In the fifth year the rates will rise three percent.
By putting up the amount it charges, the electricity company expects to ...
DATE: Jan 02, 2008
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AUTHOR:
Scott Neil
One stock rose and two fell on the final trading day of the year for the Royal Gazette / Bermuda Stock Exchange on Monday. The Index lost 4.63 points (0.09 percent) to close out 2007 at 4,909.92.
Butterfield Bank shares gained 10 cents (0.6 percent) ...
DATE: Jan 02, 2008
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From new businesses arriving to fears about exit strategies being dusted off 2007 was a hive of activity in Bermuda's business sector
The year 2007 proved to be a big one for business in Bermuda for a number of different reasons.
Among some of the m...
DATE: Jan 02, 2008
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LONDON (Bloomberg) — Griffin Mining, a Bermuda-based producer of zinc in China, sold its first consignment of precious metals concentrate, a raw material used by refiners, from its Caijiaying mine.
The 60 tons of concentrate containing gold, silver a...
DATE: Jan 02, 2008
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A long-serving key figure within the Island Heritage Group has been appointed as the new chief executive officer, less than a year after Bermuda's Flagstone Re took a controlling stake in the Cayman Islands-based Caribbean insurer.
Gareth Macdonald h...
DATE: Jan 02, 2008
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CATEGORY:
Other
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AUTHOR:
Scott Neil
The new video game "WolfQuest" allows players to follow the call of the wild in the role of a wolf in Yellowstone National Park.
Players learn quickly, with help from realistic graphics, that wolves do a lot of running — across plains, through forest...
DATE: Jan 02, 2008
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MUMBAI (Bloomberg) — Standard Life Plc, a UK life insurer, increased its stake in an Indian venture to 26 percent, the maximum allowed under local rules.
Standard Life bought an additional 7.15 percent stake from Housing Development Finance Corporati...
DATE: Jan 02, 2008
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NEW YORK (Bloomberg) — MBIA Incorporated, MGIC Investment Corporation, and American International Group led insurers to their worst year in New York trading since 2002 on losses related to the US housing market.
The KBW Insurance Index declined about...
DATE: Jan 02, 2008
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