49296 results returned for search: "" category ("Other" AND "Business")
Life insurance policyholders with British American Insurance Company (BAICO) should continue to pay their premiums while the company's Bermuda branch is being wound up.
That is the advice from the team from KPMG Advisory Ltd., which has been appointe...
DATE: Aug 06, 2009
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AUTHOR:
Jonathan Kent
As a small business owner, you're typically consumed by the day-to-day routine of your business. The purpose of our articles is to help you take a step back from daily tactical work to consider the business itself - the strategic work.
Summer is usua...
DATE: Aug 06, 2009
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LONDON (AP) — Lloyds Banking Group PLC shares rose sharply yesterday after the part-nationalised bank reported a smaller-than-expected loss for the first half of the year and declared its belief that the worst was over.
Lloyds blamed loan losses at H...
DATE: Aug 06, 2009
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LONDON (Bloomberg) — Hardy Underwriting Bermuda Ltd., a Lloyd's of London insurer based on the Island, may expand in Asia and the Middle East after opening a Bermuda office earlier this year.
"We're particularly interested in the Far East and the Mid...
DATE: Aug 06, 2009
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Bermuda CableVision is appealing the Telecommunications Commission's rejection of its application to offer an 8Mb x 4Mb high-speed service.
CableVision applied to the Commission in November 2008 for several new tariffs, including a request to move it...
DATE: Aug 06, 2009
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NEW YORK (Bloomberg) — Bermuda-based Primus Guaranty Ltd., a manager of $21.3 billion in credit-default swaps, said second-quarter earnings more than doubled as credit markets rebounded and it bought back debt at a discount.
Net income jumped to $596...
DATE: Aug 06, 2009
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NEW YORK (Bloomberg) — Marsh & McLennan Cos.' Brian Duperreault, chief executive officer of the second-biggest insurance broker, said selling more of the company's simpler products helped bring down expenses and improve profit margins.
Duperreault, a...
DATE: Aug 06, 2009
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LONDON - Britain's blue chip shares closed down 0.5 percent, after weaker than expected economic data in the US dragged equities lower, with oil producers and miners leading the losers. The FTSE 100 closed at 4,647.13 points, down 24.24 or 0.52 perce...
DATE: Aug 06, 2009
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NEW YORK (AP) - The closer investors get to the government's July employment report, the more cautious they become.
Stocks slipped yesterday as investors shied from making big moves ahead of the government's monthly reading on job losses and the unem...
DATE: Aug 06, 2009
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Local employment at Bermuda's biggest insurance companies is holding firm despite the impact of the global economic downturn.
Figures compiled by the Association of Bermuda Insurers and Reinsurers (ABIR) show that its 24 member companies employed nea...
DATE: Aug 06, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
