49296 results returned for search: "" category ("Other" AND "Business")
The shareholders of Bermuda-based insurer Alea Group Holdings (Bermuda) Ltd. narrowly rejected the proposed cash acquisition by FIN Acquisition Ltd. via an amalgamation scheme at an adjourned special general meeting held last Thursday.
Alea announced...
DATE: Jun 04, 2007
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda will be remembered as the place where delegates representing more than 100 countries and international organisations signed an agreement that has made the the global anti-money laundering and financial investigating Egmont Group a fully-flege...
DATE: Jun 04, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
NEW YORK (Bloomberg) — More than three-fourths of large companies in the New York City area bought insurance last year to protect their property against damage from terrorist attacks, up from 54 percent in 2004, according to a survey by Marsh & McLen...
DATE: Jun 04, 2007
|
CATEGORY:
Other
|
Omega Insurance, whose holding company is based in Bermuda, remained upbeat about prospects for the year ahead on Friday and said it was "extremely pleased" with the trading position of the company at this stage of 2007.
"Rates, terms and conditions ...
DATE: Jun 04, 2007
|
CATEGORY:
Other
|
Hurricane activity in the Atlantic basin and making landfall in the US will be 65 percent above normal during 2007, predicts the Tropical Storm Risk consortium.
Five tropical storms, of which two will be hurricanes, are forecast to strike the US, whi...
DATE: Jun 04, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
NEW YORK (Bloomberg) — Meteorologists' predictions for an above-average number of storms aren't denting investor optimism in insurers as the US hurricane season starts.The perceived risk of owning bonds of Allstate Corp. and American International Gr...
DATE: Jun 04, 2007
|
CATEGORY:
Other
|
Just over half a million dollars worth of stocks were traded on the Royal Gazette / Bermuda Stock Exchange last week, with the index ending 20.692 points (0.4 percent) lower at 5,142.71.
The biggest gainer was Bermuda Commercial Bank (weighted) share...
DATE: Jun 04, 2007
|
CATEGORY:
Other
|
MUNICH (Bloomberg) — Hannover Re, the world's fourth-biggest reinsurer, completed the sale of its primary insurance unit to QBE Insurance Group Ltd."The sale was closed effective May 31 upon receipt of the required approval from regulators," Hannover...
DATE: Jun 04, 2007
|
CATEGORY:
Other
|
WASHINGTON (Bloomberg) — Personal spending in the US rose in April and a measure of prices increased less than forecast, a sign American consumers will keep the economy growing this quarter without accelerating inflation.The 0.5 percent rise in spend...
DATE: Jun 02, 2007
|
CATEGORY:
Other
|
LONDON - The FTSE 100 of Britain's leading shares rose to their highest close since September 2000, buoyed by a flurry of US data and supported by mining shares.
The index ended the session 55.3 points, or 0.8 percent higher at 6,676.7, gaining 106.2...
DATE: Jun 02, 2007
|
CATEGORY:
Other
|
