49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Reuters) ? Some reinsurers may go out of business if another string of major hurricanes this year leaves the industry nursing another huge claims bill as in 2005, Swiss Re?s chief executive said yesterday.
?If we have an unlucky year, it coul...
DATE: Mar 04, 2006
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Staff at Quanta Capital Holdings Ltd. were yesterday put on notice that their jobs could be on the line, after the company?s business prospects were hit by a ratings downgrade.
Chairman James Ritchie said the company will ?accelerate steps to reduce ...
DATE: Mar 03, 2006
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The Ministry of Works and Engineering and Housing will shortly roll out its new tendering process policy to assist small construction related companies.
Earlier this week Minister of Finance Paula Cox said that in consultation with the Ministry of Fi...
DATE: Mar 03, 2006
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Higher than expected fourth-quarter losses could force insurer Quanta Capital Holdings Ltd. to shut down parts of its business, or go up on the sales block, after a downgrade to its financial strength rating this week.
Ratings firm A.M. Best downgrad...
DATE: Mar 03, 2006
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One of the key figures in last year?s ?pay-to-play? controversy has applied to incorporate a new company in partnership with a New York publisher who has been dubbed ?the invisible man? of porn. Calvin C.C. White Sr. has applied with James Kerman and...
DATE: Mar 03, 2006
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Hurricane losses sent Allied World Assurance Holdings Ltd. to a fourth quarter 2005 loss of $23.9 million compared to income of $103 million in the same period of 2004.
The Bermuda-based property and casualty insurer incurred Hurricane Wilma losses o...
DATE: Mar 03, 2006
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RenaissanceRe Holdings Limited vice president and controller Mark Wilcox has been promoted to senior vice president and chief accounting officer effective immediately.
He will continue to report to John Lummis, RenRe's COO and CFO, who said: "Mark ha...
DATE: Mar 03, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained 97.76 points yesterday to close at 4,442.
On a moderate day of trading Butterfield Bank gained $1.30 to close at $57 as investors traded in 33, 923 shares.
BF&M also rose $1.50 to close at $18.50 ...
DATE: Mar 03, 2006
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With a number of new restaurants going after gourmet tastes, one restaurant which has been globally recognised for its prowess in this area is moving to establish a new niche for itself that goes against the high end trend.
La Coquille at the Bermuda...
DATE: Mar 03, 2006
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The managing director of Lines Overseas Management has managed to postpone his testimony before the US Securities and Exchange Commission after a US magistrate this week partially stayed his order requiring obedience with SEC subpoenas served on LOM ...
DATE: Mar 03, 2006
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