77160 results returned for search: "" category "Business"
Argus Group Holdings Ltd. dropped 9.78 percent (45 cents) to $4.15 on The Bermuda Stock Exchange (BSX) yesterday.
The insurer traded 500 shares to close at $4.15.
But fellow insurance company BF&M Ltd. rose 0.47 percent (seven cents) to $14.80 as 3,2...
DATE: Mar 18, 2011
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CATEGORY:
Bermuda Stock Exchange
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The London-based Institute of Risk Management is set to launch a new regional group in Bermuda.
The first meeting of the new group will be a breakfast session today entitled “Bringing a risk framework to life”.
IRM chairman Alex Hindson, who is curre...
DATE: Mar 18, 2011
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CATEGORY:
Other
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NEW YORK (Bloomberg) Ruth Madoff’s account at Bank of New York Mellon Corp. received “fraudulent” transfers of at least $14 million, said the trustee liquidating her husband Bernard Madoff’s firm, who wants to “recapture” $44.8 million.
Irving Picard...
DATE: Mar 17, 2011
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CATEGORY:
International Business
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Aurum Isis Institutional Dollar Fund Ltd has won approval for the secondary listing of five million shares by the listing committee of the Bermuda Stock Exchange (BSX), effective from the start of this month.
The value of each share is 0.002 cents.
T...
DATE: Mar 17, 2011
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CATEGORY:
Bermuda Stock Exchange
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RenaissanceRe Holdings Ltd expects its losses from the Japanese earthquake to be significant and material, according to initial assessments.
The re/insurer said it provides meaningful reinsurance and retrocessional excess of loss reinsurance coverage...
DATE: Mar 17, 2011
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CATEGORY:
Reinsurance
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NEW YORK/LONDON (Reuters) - Friday’s earthquake in Japan caused insured losses of between $12 billion and $25 billion, making it one of the costliest natural disasters in history for global insurers, catastrophe risk modeling firm Eqecat said yesterd...
DATE: Mar 17, 2011
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CATEGORY:
Reinsurance
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Shares of most Bermuda market re/insurers continued to fall yesterday in the wake of the destruction caused by Japan's earthquake and tsunami last Friday.
The worst-hit of the group yesterday was Platinum Underwriters, which slid 4.2 percent in New Y...
DATE: Mar 17, 2011
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CATEGORY:
Reinsurance
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Two Bermuda-based insurers with Japanese parent companies have no direct exposure to the earthquake and subsequent tsunami that devastated Japan last week.
Tokio Millennium Re Ltd and Ms Frontier Reinsurance Ltd do not write business in Japan due to ...
DATE: Mar 17, 2011
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CATEGORY:
Reinsurance
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The Bermuda Stock Exchange (BSX) opened and closed at 1,142.23 yesterday with 1,122 shares traded.
A total of 1,022 shares worth BD$5,228.60 and 100 shares worth US$1,020 changed hands during the day.
Butterfield Bank transacted 4,022 shares, but its...
DATE: Mar 17, 2011
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CATEGORY:
Bermuda Stock Exchange
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The Ascendant Group Ltd. dropped 3.37 percent (49 cents) on The Bermuda Stock Exchange (BSX) yesterday.
The utilities provider traded 1,900 shares to close at $14.01.
Butterfield Bank also transacted 6,000 shares, but its share price held firm at $1....
DATE: Mar 16, 2011
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CATEGORY:
Bermuda Stock Exchange
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