49296 results returned for search: "" category ("Other" AND "Business")
The Bermuda Foundation For Insurance Studies (BFIS) managed to provide more scholarships this year, despite seeing its finances come under pressure because of persistent low interest rates.
The organisation, which offers financial help for the ...
DATE: Dec 10, 2010
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Bermuda reinsurers' voracious appetite for repurchasing their own shares shows no sign of being sated.
Yesterday, Validus Holdings Ltd said it expected to buy back $238 million worth of its shares as the result of a tender offer, while PartnerRe Ltd ...
DATE: Dec 10, 2010
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NEW YORK (Reuters) Investment bankers expect another tough year for insurance sector deals in 2011, although there is hope for the M&A market as insurers come under increasing pressure to show growth coming out of the financial crisis.
Large strategi...
DATE: Dec 09, 2010
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TORONTO (Reuters) New orders worth about C$285 million for Bombardier Inc business jets show returning demand, but analysts say it may take a while for the company’s backlog to return to pre-recession levels.
Bombardier said yesterday it won orders f...
DATE: Dec 09, 2010
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SACRAMENTO (Bloomberg) California’s budget gap may widen to $28.1 billion in the next 18 months, according to an estimate from Governor-elect Jerry Brown, who takes charge of the most-populous US state next month.
The estimate takes into account a $2...
DATE: Dec 09, 2010
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Bermuda-based re/insurer Catlin Group Ltd announced yesterday that its Swiss reinsurance unit had gained approval from Swiss Financial Market Supervisory Authority to begin operating.
Catlin Re Switzerland Ltd. will be capitalised with approximately ...
DATE: Dec 09, 2010
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Residential properties are holding their value well despite the effects of the economic downturn.
That is the view of Buddy Rego, president of Rego Sotheby’s International Realty, who said the price of stand-alone homes had risen 11 percent and condo...
DATE: Dec 09, 2010
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AUTHOR:
Jonathan Kent
PRAGUE (AP) Thousands of angry state employees walked off the job yesterday across the Czech Republic to protest salary cuts, forcing the closure of hundreds of schools and government offices in what union leaders claimed was one of the largest prote...
DATE: Dec 09, 2010
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LONDON (AP) Stocks in Europe and the US traded in narrow ranges yesterday as bond market investors fretted about Europe’s debt crisis and, increasingly, over the scale of US borrowing following President Barack Obama’s agreement with the Republicans ...
DATE: Dec 09, 2010
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DUBLIN (AP) Prime Minister Brian Cowen insisted yesterday he won’t resign and plans to lead his party into an early spring election once the toughest budget in Irish history has been passed in full.
Cowen mounted a vigorous defence of his embattled l...
DATE: Dec 09, 2010
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