49296 results returned for search: "" category ("Other" AND "Business")
Investment experts are questioning the potential of a newly launched Bermuda-domiciled fund which will invest in rare stamps.
The Stanley Gibbons Rare Stamp Investment Fund launched on Friday and is managed on a full discretionary basis by Stanley Gi...
DATE: Nov 29, 2005
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DATE: Nov 29, 2005
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Everest Re Group, Ltd. said last night that it expects to post a full-year operating loss as a result of the significant losses that emanated from the record-breaking 2005 Atlantic hurricane season.
The company last night estimated a $230 million los...
DATE: Nov 29, 2005
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Controls on work permits won't be enough for Bermudians to retain jobs in the future, according to Eugenie Simmons, the director of the Centre for Professional and Career Education (PACE), at the Bermuda College.
"International business will just mov...
DATE: Nov 29, 2005
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The Royal Gazette/Bermuda Stock Exchange Index fell 26.324 points last week to close at 3,829.40.
The biggest gain last week was Masters Limited gaining $4.50 to close at $16.50 as investors traded in 1,000 shares.
Butterfield Bank rose 40 cents to c...
DATE: Nov 28, 2005
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NEW YORK (Bloomberg) ? General Electric Co., the world?s largest company by market value, will have about $3 billion of costs in the fourth quarter related to the sale of the company?s reinsurance business to Swiss Reinsurance Co. The loss from the s...
DATE: Nov 28, 2005
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Owners of small businesses can make their dreams a reality with the help of Michelle Khaldun, general manager of the Bermuda Small Business Development Corporation (BSBDC).
In July Ms Khaldun returned to the helm of the BSBDC where she served from 19...
DATE: Nov 28, 2005
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NEW YORK (Bloomberg) ? New York Attorney General Eliot Spitzer's office said he won't press criminal charges against Maurice (Hank) Greenberg, the former chief executive of American International Group Inc., eliminating a possible complication in def...
DATE: Nov 28, 2005
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XL Capital shares closed almost nine percent lower on Friday as investors reacted to an actuarial decision that is expected to reduce the Bermuda-based company?s fourth-quarter earnings by $830 million.
The actuary?s decision relates to an agreement ...
DATE: Nov 28, 2005
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XL Capital, a global Bermuda-based insurer under pressure to reduce volatility after a string of losses, said it is working with advisors on finalising a capital raising plan.
It also plans to increase its ability to sell 2006 policies by laying off ...
DATE: Nov 28, 2005
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