49296 results returned for search: "" category ("Other" AND "Business")
ALBANY, New York (AP) ? Despite state laws that limit corporations from giving more than $5,000 a year to political candidates, insurance giant American International Group Inc. has used a loophole to let its subsidiaries give many times that limit t...
DATE: Sep 20, 2006
|
CATEGORY:
Other
|
NEW YORK ? Bermuda, an offshore reinsurance market, is likely to continue snagging companies away from the London market and attracting new business, say those already based on the Island, but high costs threaten on the horizon.
London-based insurers...
DATE: Sep 20, 2006
|
CATEGORY:
Other
|
The Association of Bermuda International Companies (ABIC) this week announced the appointment of Richard Winchell to the new post of executive director.
Mr. Winchell, an experienced management professional, has more than 25 years of experience in man...
DATE: Sep 20, 2006
|
CATEGORY:
Other
|
STAMFORD, Connecticut (Bloomberg) ? General Re Corp., a reinsurer owned by Berkshire Hathaway Inc., is seeking to squeeze out remaining investors in its Cologne Re unit.
General Re, based in Stamford, Connecticut, owns 95.2 percent of Cologne Re and ...
DATE: Sep 20, 2006
|
CATEGORY:
Other
|
The Royal Gazette/Bermuda Stock Exchange Index dipped 1.54 points yesterday to close at 4,803.66.
Bermuda Commercial Bank declined 20 cents as 6,900 shares traded hands closing at $8.30. Butterfield Bank was unchanged at $56.25 as 553 shares traded h...
DATE: Sep 20, 2006
|
CATEGORY:
Other
|
While local insurance companies anticipate that claims resulting from Hurricane Florence will be minimal, Colonial Insurance general manager Jennifer Murdoch says tropical storm Helene, which is now approaching Bermuda, is yet another reminder that t...
DATE: Sep 19, 2006
|
CATEGORY:
Other
|
Quanta Capital Holdings Limited said yesterday that it completed the sale of Environmental Strategies Consulting LLC (ESC) to WSP Environmental Holdings, Inc. on September 15. The sale resulted in proceeds of $11.3 million in cash plus forgiveness of...
DATE: Sep 19, 2006
|
CATEGORY:
Other
|
Concerns about London?s ability to compete with Bermuda have contributed to the exodus of UK company Omega Underwriting Holdings to Bermuda joining peers Catlin and Hiscox.
Omega is the second Lloyd?s of London insurer in a week to announce a move to...
DATE: Sep 19, 2006
|
CATEGORY:
Other
|
The recently signed Pension Protection Act of 2006 is composed of almost 1,000 pages of text concerning new pension plan rules and retirement tax breaks. A few more prominent features of the new law follow.
Your company pension plan could be the sour...
DATE: Sep 19, 2006
|
CATEGORY:
Other
|
The Royal Gazette/Bermuda Stock Exchange Index gained remained unchanged yesterday to close yesterday at 4,805.20.
On a quiet of trading on the Exchange, Butterfield Bank was the only issue to see any activity as 1,129 shares changed hands to close u...
DATE: Sep 19, 2006
|
CATEGORY:
Other
|
