49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Reuters) - The UK Treasury and industry groups yesterday poured cold water on support from the country's top market regulator for a global tax to curb excessive bank bonuses.
Financial Services Authority chairman, Adair Turner, sparked indust...
DATE: Aug 28, 2009
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LONDON (Reuters) - British house prices rose for the fourth month running and at their fastest monthly rate in two-and-a-half years in August, the Nationwide Building Society said yesterday, in a further sign the housing market is picking up.
The mor...
DATE: Aug 28, 2009
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LONDON (Bloomberg) — Bermuda-based Omega Insurance Holdings Ltd., a Lloyd's of London insurer, said first-half profit fell 5.5 percent after net earned premiums declined.
Net income dropped to $20.6 million from $21.8 million in the same period last ...
DATE: Aug 28, 2009
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HOUSTON (AP) - Texas financier R Allen Stanford, jailed on charges of bilking investors out of $7 billion, was hospitalised, yesterday, with an irregular heartbeat and high pulse, just hours before his ex-finance chief became the first person to plea...
DATE: Aug 28, 2009
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Billionaire investor Wilbur Ross believes that Bermuda's insurance companies are trading at bargain share prices and that some should merge.
His comments come as rumours circulate within the Bermuda insurance community of a mega-merger being planned,...
DATE: Aug 28, 2009
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AUTHOR:
Jonathan Kent
Independent Management Ltd. had double reason to celebrate 2009 with the appointment of a new president and CEOand by marking quarter of a century in business.
The insurance management company, which is based in Wellesley House South in Pitts Bay Roa...
DATE: Aug 28, 2009
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NEW YORK (Reuters) - Shares of insurance giant American International Group Inc rose as much as 33 percent, buoyed by the company's improving relations with former long-time CEO Maurice (Hank) Greenberg.
"I think it's the notion that there's a reconc...
DATE: Aug 28, 2009
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Butterfield Bank proved to be the busiest company on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 2,889 common shares, which rose five cents to close the day at $5.05, while it also saw 108 preference shares worth $250 each change hand...
DATE: Aug 28, 2009
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Bermuda re/insurer Max Capital Group Ltd.'s operating units have received A- financial strength and counterparty credit ratings from Standard & Poor's Rating Services.
S&P also raised its counterparty credit rating on Max Capital Group Ltd. to 'BBB' ...
DATE: Aug 27, 2009
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Movie-goers can expect a whole new experience with two cinemas on opposite ends of the Island set to reopen over the next week following renovations carried out to improve audio and visual features.
The Neptune Theatre has been closed for the past tw...
DATE: Aug 27, 2009
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