49296 results returned for search: "" category ("Other" AND "Business")
For the first time in living memory, banks and deposit companies are lending more to Bermuda customers than they have in Bermuda dollar deposits, figures from the Bermuda Monetary Authority reveal.
The banks and deposit companies sharply increased th...
DATE: Sep 13, 2006
|
CATEGORY:
Other
|
Standard & Poor?s Rating Services has reaffirmed its stable outlook on the global reinsurance sector, but industry players ? particularly the more recent start-ups ? face a number of challenges, the rating agency says.
Among those challenges are pote...
DATE: Sep 12, 2006
|
CATEGORY:
Other
|
FORT PIERCE, Florida (AP) ? A former Tyco International tax executive surrendered yesterday on charges that he filed a false company tax return in 1999 that failed to report about $170 million in income.
Raymond Scott Stevenson, of Delray Beach, plea...
DATE: Sep 12, 2006
|
CATEGORY:
Other
|
(Bloomberg) ? Lloyd?s of London, the 320 year-old insurance market, expects an increase in the number of insurance units know as ?syndicates? by the end of this year because they can now be created in weeks rather than months.
?If you take too long, ...
DATE: Sep 12, 2006
|
CATEGORY:
Other
|
LONDON (Bloomberg) ? Hiscox Plc, a Lloyd?s of London insurer, plans to incorporate itself in Bermuda by the end of the year.
Chairman Robert Hiscox said almost two thirds of the company?s business is generated outside the UK.
His announcement coincid...
DATE: Sep 12, 2006
|
CATEGORY:
Other
|
Bermuda-based Axis Capital Holdings Limited yesterday announced that the company?s board of directors has elected Geoffrey Bell to its board.
Bell, 66, is currently president of Geoffrey Bell and Company formed in 1982 as a consultant to major corpor...
DATE: Sep 12, 2006
|
CATEGORY:
Other
|
Veteran Ace Ltd. executive Keith White is to retire at the end of the year after 17 years with the company, the Bermuda insurer announced yesterday.
Mr. White, who has been chief administrative officer of Ace since 2004, joined the company from BF&M ...
DATE: Sep 12, 2006
|
CATEGORY:
Other
|
Scottish Re Group Ltd., which said in July it would consider a possible sale, yesterday said it has received a number of potential bid proposals and is reviewing them.
Selected parties will be invited to a second round, the Bermuda-based company said...
DATE: Sep 12, 2006
|
CATEGORY:
Other
|
OSLO (Bloomberg) ? SeaDrill Ltd., a Norwegian oil-rig company led by John Fredriksen, said it gained control of Eastern Drilling ASA as it seeks to take over the company.
Bermuda-based SeaDrill holds 20.3 million shares in Eastern Drilling, equal to ...
DATE: Sep 10, 2006
|
CATEGORY:
Other
|
No one, not one of us, enjoys talking about estate planning. Come to think of if, I have yet to attend a party where everyone brightly chattered on about their wonderful legacy plan. Of course, I don't go to many parties.
We may be reluctant to admit...
DATE: Sep 10, 2006
|
CATEGORY:
Other
|
