49296 results returned for search: "" category ("Other" AND "Business")
An American political and strategic communications strategist will tomorrow speak on the topic of crisis management and how companies should handle accusations of wrongdoing.
Harry Clark of the Stanwich Group has provided public policy, political and...
DATE: May 16, 2005
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The close ties between insurance giant White Mountains and Olympus Re ? a little talked about but highly capitalised Bermuda reinsurer ? could be reconsidered now that such arrangements are coming under increasing regulatory scrutiny, according to th...
DATE: May 16, 2005
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NEW YORK (Bloomberg) ? A unit of American International Group Inc., the insurer under investigation for improper accounting, received a subpoena from the New York insurance regulator about its ties with a Cayman Islands reinsurer.
The New York Insura...
DATE: May 14, 2005
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The implications of higher US interest rates have been the focus of much speculation and concern. Economists and the financial press spend endless hours trying to decipher Fed-speak for nervous investors. In this tightening cycle however, the Federal...
DATE: May 14, 2005
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LONDON (Reuters) ? Many of the world?s biggest companies are choosing to cover their largest risks themselves because insurers have become too costly, Aon Corp., the world?s number-two insurance broker, said this week.
Companies have insured themselv...
DATE: May 14, 2005
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NEW YORK (Bloomberg) ? Chevron Corp., the second-largest US oil company, said the company may sell its stake in a Barbados reinsurer that American International Group Inc. improperly used to inflate its net worth.
Chevron's stake in reinsurer Union E...
DATE: May 14, 2005
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The Royal Gazette/Bermuda Stock Exchange Index yesterday closed unchanged at 3,378.27. LOM Holdings Limited closed unchanged at $3 following the trading of 36,000 shares. Butterfield Bank investors traded 900 shares at an unchanged price of $42.15. B...
DATE: May 14, 2005
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In the business section of any paper, week after week, month after month, quarter after quarter, we are told about economic data of other countries besides Bermuda. While the focus seems far too often on the United States, our nearest neighbour, we w...
DATE: May 14, 2005
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Teleglobe International Holdings Ltd., which sells services to transmit data over the Internet, said federal securities regulators are investigating whether a unit violated anti-bribery laws.
The US Securities and Exchange Commission issued a formal ...
DATE: May 14, 2005
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Bermuda's balance of payments surplus fell in the fourth quarter of 2004 to $34 million, down from $43 million in the corresponding quarter of 2003.
But the Bermuda Monetary Authority said that for 2004 as a whole the current account surplus is estim...
DATE: May 13, 2005
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