76188 results returned for search: "" category "Business"
Bermuda-based Assured Guaranty Ltd. yesterday lost the bond insurance industry's last AAA credit rating, which had helped the company to dominate the US municipal bond insurance market.
But US billionaire investor Wilbur Ross, a major backer of Assur...
DATE: Oct 26, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Arch Capital Group Ltd.'s third-quarter profits fell by nearly half compared to 2009, as catastrophe losses climbed as premium revenue fell.
The Bermuda-based insurer and reinsurer said last night that net income fro the July through September period...
DATE: Oct 26, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Age: 24
Role: Mechanical engineer in training, Belco
What is your job? My job as a mechanical engineer in training is to complete a four-year chartership programme, fulfilling competencies in the fields of applied engineering from a business perspect...
DATE: Oct 26, 2010
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CATEGORY:
Other
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Alterra Specialty chief executive officer Stephen Vaccaro has been honoured with a Service to Industry Award from The Professional Insurance Wholesalers Association of New York State (PIWA).
This award is given annually to an individual for his or h...
DATE: Oct 26, 2010
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CATEGORY:
Other
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SINGAPORE (AP) — The Singapore Exchange Ltd. said yesterday it is making a $8.3 billion cash and shares takeover offer for the operator of the Australian bourse, aiming to vault from second-tier stock market to leading Asian finance centre.
The combi...
DATE: Oct 26, 2010
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CATEGORY:
Other
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LONDON (Bloomberg) - Supertanker owners are facing the longest stretch of unprofitable rates in 17 years as the supply of new vessels increases nine times faster than demand for oil.
Shipping companies are making $3,155 a day for a single voyage, 90 ...
DATE: Oct 26, 2010
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CATEGORY:
Other
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Butterfield Bank climbed 2.84 percent (four cents) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 28,400 shares to close at $1.49.
BF&M Ltd. also saw 3,900 shares change hands as it edged up 1.81 percent (24 cents) to $13.01.
The Inde...
DATE: Oct 26, 2010
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CATEGORY:
Other
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PartnerRe Ltd. has announced that its board of directors has increased its annual dividend by 10 percent from $2 to $2.20 per common share.
This marks the second rise in the common share dividend this year.
Yesterday, the board declared a regular qua...
DATE: Oct 26, 2010
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CATEGORY:
International Business
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Arch Capital Group Ltd.'s third-quarter profits fell by nearly half compared to 2009, as catastrophe losses climbed as premium revenue fell.
The Bermuda-based insurer and reinsurer said last night that net income fro the July through September period...
DATE: Oct 26, 2010
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CATEGORY:
International Business
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Alterra Specialty chief executive officer Stephen Vaccaro has been honoured with a Service to Industry Award from The Professional Insurance Wholesalers Association of New York State (PIWA). This award is given annually to an individual for his o...
DATE: Oct 26, 2010
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CATEGORY:
International Business
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