77160 results returned for search: "" category "Business"
No shares traded on the Bermuda Stock Exchange (BSX) yesterday.
The Royal Gazette/ BSX Index ended the week on 1,144.82.
The BSX Insurance Index of the Island’s international insurers fell three points, or 0.28 percent, to 1,054 points.
DATE: Feb 12, 2011
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CATEGORY:
Bermuda Stock Exchange
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Q: I have seen stories lately about Molson Coors Brewing Co. How about that as a stock investment? B.G., via the internet
A: You might not have expected Russians to be drinking Coors Light this winter, but that beer was a recent product rollout of th...
DATE: Feb 12, 2011
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CATEGORY:
Personal Finance
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WASHINGTON - There’s some good news and bad news about identity theft.
The good news is that last year the number of people victimised decreased 28 percent to 8.1 million, according to a report by Javelin Strategy & Research. Although that’s still a ...
DATE: Feb 12, 2011
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CATEGORY:
Personal Finance
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Bermuda-based Ship Finance International Ltd. has announced the successful completion of $125 million senior convertible bonds due in 2016.
The bonds were marketed with an annual coupon range of 3.75 percent to 4.25 percent and with a conversion prem...
DATE: Feb 11, 2011
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CATEGORY:
International Business
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Bermuda-based Lloyd’s insurer Omega is being sued by former chief executive officer Richard Tolliday.
The CEO, who was forced out in a boardroom battle in March last year, wants to have his case for compensation heard in Bermuda, The Insurance Insid...
DATE: Feb 11, 2011
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CATEGORY:
Reinsurance
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NEW YORK (Reuters) In Chester County, South Carolina, off a dirt road in the middle of a field, insurance companies are literally unleashing a storm.
To simulate hurricane-like conditions, an industry group has built a wind tunnel big enough to accom...
DATE: Feb 11, 2011
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CATEGORY:
Reinsurance
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BF&M shares jumped 7.5 percent to help The Royal Gazette/Bermuda Stock Exchange Index close in positve territory yesterday.
BF&M rose $1.05 to close at $15 on volume of 2,500 shares.
The Index closed up 8.46 points at 1,144.82 on volume of 12,000 sh...
DATE: Feb 11, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based reinsurer Validus Holdings Ltd saw its fourth-quarter net income fall by 38 percent after it suffered an estimated $51.8 million in catastrophe losses.
The company posted earnings of $102.7 million for the last three months of last year...
DATE: Feb 11, 2011
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CATEGORY:
Reinsurance
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LONDON (Reuters) Insurer Catlin Group Ltd reported a smaller than expected drop in full-year profit after a strong underwriting performance helped it absorb $218 million in natural disaster claims.
Pretax profit at the Bermuda-based company fell a th...
DATE: Feb 11, 2011
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CATEGORY:
Reinsurance
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Montpelier Re's net income plunged by 59.6 percent in the fourth quarter of 2010 as claims doubled and investment income declined.
The Bermuda-based specialty reinsurer said yesterday that net income for the quarter fell from $104.7 million in the th...
DATE: Feb 11, 2011
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CATEGORY:
Reinsurance
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