49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK (Bloomberg) ? Hurricanes Katrina, Rita and Wilma may cost insurers including State Farm Mutual Automobile Insurance Co. $57.6 billion, more than double the annual record for US natural disasters, a consulting firm said.
Katrina may cost $40....
DATE: Dec 28, 2005
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The Island?s international business sector has commended the Bermuda Government for the positive outcome of talks with Swiss authorities over recently introduced taxation policies which placed Bermuda funds at a disadvantage over funds located in oth...
DATE: Dec 28, 2005
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CHARLOTTE (Bloomberg) ? Fidelity National Financial Inc., the biggest US title insurer, agreed to buy Sedgwick CMS Holdings Inc. for $635 million to offer third-party claims management services to Fortune 500 companies.
Marsh & McLennan Cos., the wor...
DATE: Dec 28, 2005
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Montpelier Re Holdings Ltd. has entered into two transactions providing $90 million in catastrophe protection with Cayman Island-based Champlain Ltd.
The three years of coverage are based on modelled market loss triggers. If the modelled loss to the ...
DATE: Dec 28, 2005
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Shares retreated on the Bermuda Stock Exchange last week, as The Royal Gazette/Bermuda Stock Exchange Index dropped 83.06 points in moderate trading.
The Index closed at 3,882.7 on volume of 64,092 shares worth $1.68 million.
Argus Group led the decl...
DATE: Dec 28, 2005
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TORONTO (Bloomberg) ? Fairmont Hotels & Resorts Inc., the Canadian luxury-hotel operator fending off a takeover by billionaire Carl Icahn, sold a Hawaii hotel to Westbrook Partners LLC for $250 million to raise money to buy other assets.
The sale of ...
DATE: Dec 28, 2005
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Bermuda's construction boom appeared to slow in the first three quarters of this year, according to statistics in the Quarterly Bulletin of Statistics recently released by Government.
The value of new projects started during the first three quarters ...
DATE: Dec 28, 2005
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The British Virgin Islands is stalling on signing a tax information exchange agreement with Australia because it is believed to be holding out for special consideration.
BVI would be the second offshore financial sector after Bermuda to sign an agree...
DATE: Dec 28, 2005
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A steady stream of correspondents have written to this column in the past six months. This week, since you will be enjoying the start of a break when you read this, we?ll take a look at just a few readers? letters and let you enjoy the holiday season...
DATE: Dec 27, 2005
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Define value? We talk and read a great deal about valuing things, generally to define tangible assets, houses, jewellery, cars, electronics, and investments.
But how do you put a value on entertainment or any human experience? Attending a movie, a pl...
DATE: Dec 27, 2005
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