49296 results returned for search: "" category ("Other" AND "Business")
Two more Island insurers have released their loss estimates for first-quarter catastrophes, which bring the upper range of the total Bermuda market estimates close to $2 billion.
Lancashire Holdings estimates its net losses before tax from the earthq...
DATE: Mar 25, 2010
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US lawmaker Richard Neal yesterday held a meeting of Congressional colleagues and US insurance executives to muster support for a US tax measure that could hit the bottom lines of Bermuda re/insurers.
Rep. Neal's meeting yesterday, according to TheHi...
DATE: Mar 25, 2010
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AUTHOR:
Jonathan Kent
A law allowing for group supervision of insurance companies from Bermuda has been approved by MPs.
Deputy Premier and Finance Minister Paula Cox told the House of Assembly on Friday that the legislation was needed to prepare Bermuda Monetary Authorit...
DATE: Mar 25, 2010
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AUTHOR:
Sam Strangeways
What started out as a project to raise awareness of Bermuda re/insurer Catlin Group as a global brand has ended up being a ground-breaking — or more literally ice-breaking — scientific project.
For Catlin's chief executive Stephen Catlin, the Catlin ...
DATE: Mar 25, 2010
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AUTHOR:
Jonathan Kent
Butterfield Bank's common shares continued to drop, this time by 2.85 percent (five cents) to $1.70 on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 700 shares during the day.
Overall, the Index was down 16.14 points (1.05 percent) at 1...
DATE: Mar 25, 2010
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NEW YORK (AP) - Major stock indexes fell from their 2010 highs yesterday as weakness in the housing market and rising European debt loads revived investors' pessimistic view of the economy.
The Dow Jones industrial average fell about 53 points. It wa...
DATE: Mar 25, 2010
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LONDON - Britain's top shares added 0.1 percent as strength in miners and banks just countered weakness in energy issues, with little overall impact from a UK budget that contained few surprises. At the close, the FTSE 100 was up 4.25 points at 5,677...
DATE: Mar 25, 2010
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LISBON (Bloomberg) — Portugal's credit grade was cut by Fitch Ratings for the first time, underscoring growing concern that Europe's weakest economies will struggle to meet their debt commitments as finances deteriorate.
The rating was lowered one st...
DATE: Mar 25, 2010
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Bermuda's future as an insurance market is secure despite a number of high-profile corporate departures to Europe.
That is according to Ed Noonan, chairman and CEO of Validus Reinsurance Ltd., who was talking on a panel at the Reinsurance Association...
DATE: Mar 25, 2010
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Bermuda-incorporated RPost has announced the release of its new E-Contracting Solution that combines the best elements of RPost's upgraded eSignOff electronic signature and Registered Email legal delivery proof services.
The electronic commerce laws ...
DATE: Mar 25, 2010
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