49296 results returned for search: "" category ("Other" AND "Business")
It was a sad day to hear the announcement this month of the end of a tradition ? Trimingham Brothers ? in Bermuda. It must certainly have been an agonising decision for the primary shareholders whose name, family, and identity have been synonymous wi...
DATE: Mar 26, 2005
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Government says it will reduce the red tape for investment funds incorporating on the Island in a bid to "streamline processes and pare down unnecessary bureaucracy".
The move, announced yesterday by Finance Minister Paula Cox, is designed to enhance...
DATE: Mar 24, 2005
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A news report emerged this week revealing that media baron Rupert Murdoch listed the holding company – Karlholt – for his family's $7 billion media investment in Bermuda last October.
The listing was made on the Bermuda Stock Exchange (BSX) in a repo...
DATE: Mar 24, 2005
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NEW YORK (Bloomberg) - Marsh & McLennan Cos., the world's largest insurance brokerage, said Peter Garvey resigned as co- president of the company's brokerage unit four months after taking the position.
William Malloy, who previously was co-president ...
DATE: Mar 24, 2005
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PricewaterhouseCoopers has announced the appointment of Wanda Richardson as a manager in their Human Resource Consulting practice.
Ms Richardson has more than 14 years experience working in the financial services, insurance and reinsurance industries...
DATE: Mar 24, 2005
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The AFL-CIO, which represented pension plans holding 26 million AIG shares as of December, proposed director Frank Zarb as a replacement.
Greenberg, 79, retained the chairmanship after stepping down as CEO last week amid probes by New York Attorney G...
DATE: Mar 24, 2005
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NEW YORK ? A company that insured Tyco International Ltd. executives must pay legal bills for former CEO L. Dennis Kozlowski, who is on trial on corporate-looting charges, an appeals court says.
In a 5-0 ruling, the state Supreme Court Appellate Div...
DATE: Mar 24, 2005
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(Bloomberg) ? Analysts are standing by American International Group Inc. even after regulatory probes into the world's biggest insurance company led to the resignation of its chief executive and a 14 percent drop in its shares this year.
AIG has the ...
DATE: Mar 24, 2005
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(Bloomberg) ? A Tyco International Ltd. accountant testified that former chief executive L. Dennis Kozlowski used Tyco loans to pay for a gathering in Sardinia that prosecutors say was actually a birthday party for his wife.
Testifying at the fraud a...
DATE: Mar 24, 2005
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NEW YORK (AP) - American International Group Inc., one of the world's biggest insurance companies, fired two top executives for failing to cooperate with government investigators, a spokesman for the company said yesterday.
The dismissals of Howard I...
DATE: Mar 23, 2005
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