49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based investment firm Lines Overseas Management yesterday refuted any wrongdoing alleged in a recent motion filed by the US Securities and Exchange Commission (SEC) - and vehemently denied that it had profited to the tune of $6.4 million, as ...
DATE: Jun 16, 2004
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Bermuda-based investment firm Lines Overseas Management is in a face-off with its home regulator as well as taking on regulatory authorities in Canada and the US.
What is at stake in this battle is whether or not LOM should be required to turn over c...
DATE: Jun 16, 2004
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NEW YORK (Bloomberg) ? Bermuda-based insurer Catlin Group Plc will join the UK's FTSE 250 Index
Joining an index can boost a company's share price because funds that track the benchmark need to buy the shares of its members. An estimated ?2 billion (...
DATE: Jun 15, 2004
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Two years on from being served with a wind-up petition, Enron Re was back in court on Friday with a new petition of the court for more time "to return to solvency".
Enron Re was given another year by the Supreme Court on Friday to try to right its fi...
DATE: Jun 15, 2004
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Tightening regulation of the insurance industry continues to impact companies in terms of corporate governance and operational management and is also opening up further jurisprudence issues for businesses. This is according to presenters in two of th...
DATE: Jun 15, 2004
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Insurance executives agreed this week that pay levels should be tied to company performance ? and said they should be the first to have their wages cut when their companies post poor results.
The executives, who were taking part in a panel discussion...
DATE: Jun 11, 2004
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Veteran insurers who have weathered any numbers of ups and downs were this week hopeful that the cyclical volatility of the insurance industry could be tamed, or even stayed.
The sector historically has gone through cycle after cycle of price spikes ...
DATE: Jun 11, 2004
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With the soaring popularity of camera cellphones, the Bermuda Government is considering drafting legislation to deal with the potential threat of voyeurism.
The tiny camera phones make it easy for would-be voyeurs to photograph or even briefly film o...
DATE: Jun 11, 2004
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?When word got out that I was leaving the industry, people thought I had lost my mind.?
So says Cathy Duffy, recalling her decision to quit as senior vice president, excess liability at Zurich Global Energy in 1999 after building a highly successful ...
DATE: Jun 11, 2004
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The annual rate of inflation increased to 3.2 percent in April ? the highest level since December ? as a 17.1 percent jump in health insurance took effect.
The increase in health insurance helped to drive the health and personal care sector of the Co...
DATE: Jun 11, 2004
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