75997 results returned for search: "" category "Business"
Bermuda-based reinsurer Aspen Insurance Holdings Limited last night reported a 26.6 percent fall in fourth-quarter earnings to $92.7 million.
However, the company comfortably beat analysts' expectations, posting $1.02 per share in operating earnings,...
DATE: Feb 08, 2011
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CATEGORY:
Reinsurance
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Consumers paid 2.7 percent more for goods and services in December than they did a year before.
The annual inflation rate climbed 0.4 of a percentage point from 2.3 percent in November.
The Consumer Price Index (CPI), released yesterday by the Depart...
DATE: Feb 08, 2011
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CATEGORY:
Economy
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Butterfield Bank shares were down 3.8 percent yesterday in light trading.
The bank was the only company on the Bermuda Stock Exchange’s domestic board to see trading yesterday, and fell five cents to close on $1.25, as 800 shares changed hands.
The R...
DATE: Feb 08, 2011
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CATEGORY:
Bermuda Stock Exchange
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Age: 30
Role: Qualified Accountant/Interim Professional, Expertise Ltd.
What is your job? I provide financial accounting and consulting services to Expertise clients on a secondment basis. As a qualified accountant, my role includes ensuring the comp...
DATE: Feb 08, 2011
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CATEGORY:
Bermuda Works
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White Mountains Insurance Group Ltd.’s profits dropped by more than $25 million during the fourth quarter of 2010 despite its reinsurance business bouncing back from the losses it incurred from the Chilean earthquake earlier in the year.
The Bermuda-...
DATE: Feb 07, 2011
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CATEGORY:
Reinsurance
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Bermuda-based Brookfield Infrastructure Partners posted a big increase in fourth-quarter and full-year earnings due to a gain related to its merger with Prime Infrastructure in December.
The company, which reports in US dollars, said it earned $416 m...
DATE: Feb 07, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) - JPMorgan Chase & Co. (JPMC) sought to protect only its own investments even as it suspected Bernard Madoff of perpetrating a fraud, said the trustee liquidating the convicted conman’s financial-advisory firm.
JPMorgan had a “de...
DATE: Feb 07, 2011
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CATEGORY:
International Business
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Bermuda-based RAM Holdings Ltd. has reported a third quarter 2010 net loss available to common shareholders of $2.8 million or 11 cents per share.
This compares to net income of $26.8 million or $1.02 per share for the third quarter 2009.
Net income ...
DATE: Feb 07, 2011
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CATEGORY:
Reinsurance
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LOM (Holdings) Ltd. has announced that last month it purchased 35,500 of its own shares for cancellation at the average price of $3.038 per share, in a filing with the Bermuda Stock Exchange.
DATE: Feb 07, 2011
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CATEGORY:
Personal Finance
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NEW YORK (Bloomberg) - Aon Corp., the world’s largest insurance broker, rose the most since September after fourth-quarter profit beat analysts’ estimates as a measure of revenue at its main unit climbed at the fastest rate since 2007.
Net income ros...
DATE: Feb 07, 2011
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CATEGORY:
Reinsurance
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