255735 results returned for search: "" category "Other"
Validus Holdings Ltd. expects the losses of between $170 million and $270 million due to exposure to the recent Chilean Earthquake and $20 million to $30 million as a result of the damage caused by European Windstorm Xynthia.
These estimates were net...
DATE: Mar 15, 2010
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BEIJING (Bloomberg) — Cnooc Ltd., China's biggest offshore oil explorer, agreed to buy a 50 percent stake in rival Argentine producer Bridas Corp. for $3.1 billion, adding 318 million barrels of reserves as Chinese fuel demand surges.
Bridas, control...
DATE: Mar 15, 2010
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WASHINGTON (Reuters) - The Park Avenue Bank, a New York City-based institution, was among three banks seized by regulators on Friday, and is the second area bank to fail in two days.
The other banks seized Friday were small institutions in Florida an...
DATE: Mar 15, 2010
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Bermuda insurance veterans Jim Bryce and Robin Spencer-Arscott have joined the board of directors at Omega Insurance Holdings following a shareholder vote on Friday.
The pair were appointed by a majority vote after a vote, with Mr. Bryce, former IPC ...
DATE: Mar 15, 2010
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A 16-year-old boy was shot in the early hours of Saturday morning — the youngest person shot so far.
The shooting happened at 1.40 a.m. on the Bermuda College's premises. This newspaper understand it was on College Road, behind the gymnasium.
The War...
DATE: Mar 15, 2010
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RenaissanceRe Holdings Ltd., the Bermuda-based reinsurer, is selling $250 million of debt due in 2020.
The 10-year notes will pay 5.75 percent and are guaranteed by the company, RenRe said in a statement on Friday.
The company expects to close the of...
DATE: Mar 15, 2010
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Dear Annie: Six years ago, my sister's ex-boyfriend found out I was divorced. He called and invited me for a drink. I accepted with some reluctance, as I didn't think my sister would approve, but I needed some lighthearted company after the dark days...
DATE: Mar 15, 2010
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CHICAGO (Reuters) - Some US states have begun using controversial new breast cancer screening guidelines to stop offering routine mammograms for uninsured women in their 40s, a survey by the Avon Foundation for Women found.
The Avon survey of more th...
DATE: Mar 15, 2010
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The L.F. Wade International Airport's first class lounge will be refurbished by Rock Media.
Minister Derrick Burgess told the House of Assembly on Friday that the Department of Airport Operation had negotiated the deal.
He said: "To ensure the contin...
DATE: Mar 15, 2010
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The Supreme Court has cleared its backlog of cases with some now going to trial a month or two after arraignments.
The improvement was announced on Friday in the House of Assembly by Junior Justice Minister Michael Scott during the Ministry of Justic...
DATE: Mar 15, 2010
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