77155 results returned for search: "" category "Business"
Impossible odds? Many of us have been watching the Olympics in London. Among the many amazing stories that flow from the many athletes at the Games, one is most inspiring. Oscar Pistorius is from South Africa. He is the double amputee who uses specia...
DATE: Aug 07, 2012
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CATEGORY:
Bermuda Works
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Property and casualty insurer Catlin swung back to profit for the first six months of 2012, citing a favourable ratings environment.
The company generated $231 million in profit before tax for the six months ended June 30 2012 and a record net underw...
DATE: Aug 07, 2012
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CATEGORY:
Reinsurance
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Flagstone Reinsurance Holdings, SA beat Wall Street expectations last night reporting a second quarter 2012 book value per share of $11.73 — up 1.2 percent for the quarter.
Analysts estimated revenues of $99.1 million but the company came in with a ...
DATE: Aug 07, 2012
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CATEGORY:
Reinsurance
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Butterfield closed down one cent at $1.25 as 100 of the bank’s shares changed hands on the Bermuda Stock Exchange yesterday.
BF&M shares also traded. Some 400 shares changed hands closing unchanged at $16.00 a share.
Overall, the BSX ended down 4.7...
DATE: Aug 07, 2012
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CATEGORY:
Bermuda Stock Exchange
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Bermuda Commercial Bank’s credit rating has been downgraded by Moody’s because of increasing risk associated with the bank’s expanding investment portfolio.
In downgrading BCB’s long-term deposit rating to Ba2 from Baa3, Moody’s noted the bank’s inve...
DATE: Aug 07, 2012
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CATEGORY:
Local Business
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Bermuda-based re/insurer Argo Group International Holdings Ltd beat analysts’ estimates, as profits for the second quarter rose to $24 million.
The profit broke down to 92 cents a share, compared to net income of $21.6 million, or 78 cents per share,...
DATE: Aug 07, 2012
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CATEGORY:
Reinsurance
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During these tough economic times, employers may be looking for any opportunity to cut their expenses.
One area that has particularly suffered is employee benefits. Employers have cut vacation time, paid sick leave, and other benefits.
But while cut...
DATE: Aug 07, 2012
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CATEGORY:
Bermuda Works
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Spaces that encourage teamwork
A few simple steps can create a work environment that enhances the collaborative workstyle so much in vogue for white-collar professionals, says Harvard Business Review.
Business today requires collaboration, but we rar...
DATE: Aug 07, 2012
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CATEGORY:
Bermuda Works
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The shares of Bermuda-based run-off specialist Enstar Group Ltd soared more than six percent in New York Stock Exchange trading on Friday after the company announced that second-quarter earnings more than quadrupled.
Net earnings were $40.7 million, ...
DATE: Aug 06, 2012
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — American International Group shares were priced at $30.50 as the US cut its stake in the Treasury Department’s fourth offering of the company’s stock.
The US raised $5 billion, with New York-based AIG buying $3 billion of the s...
DATE: Aug 06, 2012
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CATEGORY:
Reinsurance
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