49296 results returned for search: "" category ("Other" AND "Business")
The British invasion into the Bermuda reinsurance market goes on.
Lloyd's of London reinsurer Advent Capital Holdings announced yesterday that the Bermuda Monetary Authority had issued a class 3 reinsurer licence to its Bermuda-based subsidiary Adven...
DATE: Jan 04, 2007
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Bermuda-based Castlewood Holdings has bought reinsurance writer Inter-Ocean Holdings Ltd. in a deal worth $57 million.
Inter-Ocean owns two reinsurers, one based in Bermuda the other in Ireland, both of which are in run-off.
Castlewood, which special...
DATE: Jan 04, 2007
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Butterfield Bank (NTB BH) has advised the Bermuda Stock Exchange (BSX) that in December 2006 Butterfield Bank bought back and cancelled 15,359 at an average price of $56.06 of its own shares under the share repurchase programme announced on January 5...
DATE: Jan 04, 2007
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The Royal Gazette/Bermuda Stock Exchange (BSX) Index fell by 0.32 percent yesterday as three issues saw their share price take a knock.
The biggest faller was West Hamilton Ltd., which fell $10 (16.7 percent) to close at $50 a share after 400 shares ...
DATE: Jan 04, 2007
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TORONTO (Bloomberg) — Canadian stocks had their biggest decline in two months as commodity producers including EnCana Corp. and Teck Cominco Ltd. dropped along with crude oil and copper prices, on concern that demand for resources will cool.The Stand...
DATE: Jan 04, 2007
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LAST week’s column on technology forecasts for 2007 netted some reader replies, including one from Steven, who sent me to a security group’s “fear list” of predictions. A panel of them got together to pick out the what they belive are the ten top sec...
DATE: Jan 03, 2007
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ALBANY, New York (AP) — MetLife Inc., the largest US group life insurer, will pay $19 million and change some of its business practices to end an investigation of payments made to brokers to steer clients its way, Attorney General Eliot Spitzer said....
DATE: Jan 03, 2007
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Insurance broker Willis Group Holdings Ltd. said yesterday that its annual review of reinsurance found that rates for property and casualty exposures were flat or falling, suggesting that prices will hold in most business and consumer insurance polic...
DATE: Jan 03, 2007
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Bermuda is set to get a new submarine telecommunications cable aimed at encouraging competition and increasing data-carrying capacity.
The Ministry of Telecommunications and E-Commerce (METEC) has written to 23 companies inviting them to apply for a ...
DATE: Jan 03, 2007
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AUTHOR:
Jonathan Kent
TALLAHASSEE, Florida (AP) — For most people, it’s back to work this week after a holiday weekend with family and friends. And for many, a new study shows, it will be under a bad boss.Nearly two of five bosses don’t keep their word and more than a fou...
DATE: Jan 03, 2007
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