49296 results returned for search: "" category ("Other" AND "Business")
Bermuda's reinsurers feature highly in the world's top 35 reinsurance groups, according to AM Best's latest report.
The ratings agency have listed three companies with a presence in Bermuda in the top 10 alone, including Hannover Re, Everest Re Group...
DATE: Aug 14, 2007
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Everest Capital Ltd will vote against a merger involving Norwegian marine geophysical company Wavefield Inseis ASA and TGS-NOPEC because the current proposed deal does not bring maximum value for shareholders.
The Hamilton-based company urged the boa...
DATE: Aug 14, 2007
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RenaissanceRe Holdings Limited has appointed Laurence Richardson to the post of senior vice-president of the Ventures division.
Mr. Richardson will continue to report to executive vice-president and president of Ventures, Jay Nichols.
Mr. Richardson ...
DATE: Aug 14, 2007
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Montpelier Re has completed its entrance into the Lloyd's of London market and is set to increase its US presence with an estimated $4.75 million deal to acquire the General Agents Insurance Company of America.
The company has announced its wholly-ow...
DATE: Aug 14, 2007
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AUTHOR:
Scott Neil
Butterfield Bank enjoyed a good day's trading on the Royal Gazette/Bermuda Stock Exchange (BSX) Index yesterday.
The bank saw their share price rise by 25 cents (0.4 percent) to close at $63, with 200 shares changing hands.
The Index as a whole incre...
DATE: Aug 14, 2007
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NEW YORK (Bloomberg) — Marsh & McLennan Cos. is among the companies subpoenaed by Connecticut Attorney General Richard Blumenthal in an investigation of possible collusion in the reinsurance industry.
Blumenthal's office demanded records from Marsh &...
DATE: Aug 13, 2007
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Banks in Bermuda are refusing to hit the panic button despite the big fall in global stock markets at the end of last week.
Billions of dollars were wiped off share values with the Dow Jones share index dropping by 60.89 points or 0.5 percent to 13,2...
DATE: Aug 13, 2007
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NORILSK, Russia (AP) — Norilsk Nickel's company anthem praises its smelters as "the light in Russia's window," but even in summer the Arctic city sits wreathed in a gray cloud of pollution.
This city of 200,000 started life in 1935 as one of the dict...
DATE: Aug 13, 2007
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Bermuda Commercial Bank Limited has been granted a further extension for filing its audited financial statements relating to 2005/2006.
The Bermuda Stock Exchange has now given the bank until August 31 for the filing of the company's annual audited ...
DATE: Aug 13, 2007
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STOCKHOLM (Bloomberg) — The Swedish Financial Supervisory Authority sent a letter to Borse Dubai asking to clarify "issues" related to the purchase of a 27.4 percent stake in the Swedish exchange operator OMX AB.
The letter sent to Borse Dubai was "t...
DATE: Aug 13, 2007
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