1648 results returned for search: "" category "Business" author Scott Neil
Scottish Re Group postponed release of its second quarter results and conference call, both of which were scheduled for yesterday, because it has not quite finished analysing the effect of US tax and other implications resulting from its change in co...
DATE: Aug 10, 2007
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AUTHOR:
Scott Neil
Encouraging customers to help the environment by paying their monthly phone bills online rather than receiving mailed out bills has led TeleBermuda International to donate $1,000 to the Bermuda Audubon Society.
At the same time TBI has introduced a s...
DATE: Aug 09, 2007
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Scott Neil
Bermudians could face job losses as a result of a previously unheralded and unintentional side effect of Bermuda's six-year work permit policy.
Business leader David Ezekiel, chairman of the Association of Bermuda International Companies, has seen ev...
DATE: Aug 09, 2007
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AUTHOR:
Scott Neil
As Mark Watson III, one of the youngst international business CEOs in Bermuda, settled into his new office overlooking the blue waters of Hamilton harbour a workman on the ground floor scraped away the PXRE logo from the main entrance on Pitts Bay Ro...
DATE: Aug 08, 2007
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AUTHOR:
Scott Neil
Car sales have fallen by a double-digit percentage for a third month this year, with the unavailability of the popular Honda CR-V sports utility vehicle pinpointed as a primary cause for the poorer sales.
Bermuda car-buyers' love affair with the Hond...
DATE: Aug 07, 2007
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AUTHOR:
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In what should be the last set of quarterly results before the finalisation of its merger with US-based Argonaut Group, PXRE has reported a net loss of $11.6 million for the second quarter of the year.
The loss was expected as the Pitts Bay Road-base...
DATE: Aug 07, 2007
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AUTHOR:
Scott Neil
Second-quarter profits at White Mountains Insurance Group have dipped just over $13 million year-on-year, with chairman and CEO Ray Barrette referring to the performance as "OK."
The company made a profit of $102.6m compared to $115.8m a year ago.
th...
DATE: Aug 06, 2007
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AUTHOR:
Scott Neil
The bad rap and innuendos fired at offshore financial centres as being havens for "dirty money" is increasingly wide of the mark, and it is the big onshore jurisdictions such as the US, UK and Australia that need to look more closely at what is going...
DATE: Aug 06, 2007
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AUTHOR:
Scott Neil
XL Capital has increased its acknowledged exposure to collateralised debt obligations (CDOs) by $600 million after reviewing its definition of certain securities that were not previously included in its methodology.
As a result XL now estimates its t...
DATE: Aug 06, 2007
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AUTHOR:
Scott Neil
Bermuda "Class of 2005" start-up Flagstone Reinsurance Holdings Limited has taken a majority position in Cayman Islands' Island Heritage Holdings Limited.
Flagstone previously had just over a 28 percent stake in the Cayman domiciled Island Heritage G...
DATE: Aug 06, 2007
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AUTHOR:
Scott Neil
