49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Reuters) ? Shares of Scottish Re Group Ltd. plunged yesterday after it agreed to sell control of itself to MassMutual Capital Partners LLC and private equity firm Cerberus for $600 million by issuing new preferred stock.
The financing, whic...
DATE: Nov 28, 2006
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The Royal Gazette/Bermuda Stock Exchange Index dropped more than 20 points as two stocks retreated in light but active trading.
The Index fell 21.41 points or 0.44 percent to 4,810.29 as Butterfield Bank fell 25 cents to $56 on volume of just 323 sha...
DATE: Nov 28, 2006
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An independent report on Bermuda?s insurance industry has concluded that ?short-term capital will continue to gain ground over long-term capital in supporting catastrophe risk?.
The report, by Conning Research & Consulting Inc., which is indirectly o...
DATE: Nov 28, 2006
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LONDON (Reuters) ? One in five British companies has relocated some of their activities overseas and a third are considering it because of gripes over tax, according to a Confederation of British Industry poll published yesterday.
Britain?s biggest b...
DATE: Nov 28, 2006
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Everest Re Group Ltd., a Bermuda-based property and casualty reinsurer, named Craig E. Eisenacher chief financial officer effective December 18.
He replaces Stephen L. Limauro, who?s retiring, the company said in a statement yesterday. Limauro, who h...
DATE: Nov 28, 2006
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Bermuda?s financial services industry will go from strength to strength as the Island?s bond with Halifax in Canada continues to grow, according to business experts.
A string of companies have announced plans to open offices in the Nova Scotia port c...
DATE: Nov 28, 2006
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AUTHOR:
Tim Smith
Bermuda-based TBS Shipping Ltd. said yesterday it had taken delivery of MV Alabama Belle (ex-MV Aliki).
The 41,808 deadweight tonne handymax bulk carrier now, which was built in 1986, brings the size of the TBS fleet to 34 vessels, including 19 multi...
DATE: Nov 28, 2006
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Bermuda’s financial services industry will go from strength to strength as the Island’s bond with Halifax in Canada continues to grow, according to business experts.
A string of companies have announced plans to open offices in the Nova Scotia port c...
DATE: Nov 28, 2006
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CATEGORY:
Other
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AUTHOR:
Tim Smith
WASHINGTON (Bloomberg) — The US Securities and Exchange Commission will propose raising asset requirements for investing in hedge funds at a December 4 public meeting.The agency will also consider new anti-fraud rules that would prohibit hedge fund m...
DATE: Nov 28, 2006
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An independent report on Bermuda’s insurance industry has concluded that “short-term capital will continue to gain ground over long-term capital in supporting catastrophe risk”.
The report, by Conning Research & Consulting Inc., which is indirectly o...
DATE: Nov 28, 2006
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CATEGORY:
Other
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