49296 results returned for search: "" category ("Other" AND "Business")
XL Insurance Bermuda Ltd. (XLIB) yesterday shone the spotlight on food product safety, in the aftermath of the recall of hundreds of millions of eggs in the US.
Around 40 people, many of them brokers, attended a seminar at XL House yesterday on the c...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Gerova Financial Group, Ltd. a specialty reinsurance holding company set to relocate its holding company to Bermuda, yesterday began trading on the New York Stock Exchange.
Trading under the symbol GFC, Gerova ended the day of $5.87, as 45,800 shares...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
Butterfield Bank has sold off businesses in Malta and Hong Kong as it aims to focus on fewer, key jurisdictions.
The bank announced yesterday that its trust, wealth management and advisory businesses in Hong Kong and its trust operation in Malta woul...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
Bermuda-based Nabors Industries Ltd. has established a $700 million credit facility, it was revealed yesterday.
The facility has an accordion clause that allows an additional loan of up to $150 million. The loan matures in four years.
Nabors said the...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
DUBLIN (Reuters) - Ireland's government outlined a compromise solution for winding down nationalised Anglo Irish Bank yesterday but failed to put either a price or an exact timeframe on burying the fiscal and economic deadweight.
Uncertainty over the...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
NEW YORK (Reuters) - Former AIG Chief Executive Martin Sullivan is getting another chance.
Sullivan, who was ousted three months before the US government bailed out AIG in 2008, is joining Willis Group Holdings PLC, the insurance broker said yesterda...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
Butterfield Bank's common shares rose 10 percent (15 cents) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 11,300 shares to close at $1.65. It also transacted eight preference shares, but its share price held firm at $200.
The only ot...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
NEW YORK (AP) - Stocks resumed their rally yesterday after a successful auction of Portuguese government debt eased worries about Europe's financial system.
The Dow Jones industrial average gained 46 points, and broader indexes also rose. European ma...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
PartnerRe Ltd. has announced the appointment of Dean Graham as its new head of life, effective from yesterday.
Mr. Graham will be responsible for all of the group's life operations, reporting to Marvin Pestcoe, a member of PartnerRe executive managem...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
TORONTO (Reuters) - Toronto's main stock market index fell for a second straight session yesterday, led lower by weak gold miners as investors squared positions following recent strength.
The index's heavyweight materials sector, home to miners and f...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
