76441 results returned for search: "" category "Business"
Montpelier Re boosted its profits by almost $18 million in the third quarter despite losses incurred by July’s UK floods.
Net income rose from $83.4 million a year ago to $101.3 million.
The company also reported a fully converted book value per shar...
DATE: Oct 25, 2007
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Nabors reported that net income for the three months fell to $218 million, or 76 cents a share, from $292.8 million, or $1.02 a share, a year ago.
The results include the sale of the Sea Mar offshore unit, a one-time item that added eight cents a sha...
DATE: Oct 25, 2007
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Diversification and flexibility was the secret to ACE's successful set of third quarter results, including a $78 million rise in profits, according to chairman and CEO Evan Greenberg.
Speaking on conference call, Mr. Greenberg said the Bermuda-based ...
DATE: Oct 25, 2007
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Bermuda-based billionaire Bruce Gordon has secured a blocking stake in Ten Network Holdings amid rumours that majority owner CanWest had received a new bid for the Canadian broadcasting company.
Just four months after the media group failed to find a...
DATE: Oct 25, 2007
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Cooper Industries will hold a meeting with investment analysts on November 2, to provide more insight into the company's long-term growth strategy, highlighting key growth platforms in utility automation, lighting controls, LED lighting solutions, ma...
DATE: Oct 25, 2007
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TORONTO (Bloomberg) - Canadian financial stocks fell, led by Royal Bank of Canada, after Merrill Lynch & Co. posted its widest quarterly loss on writedowns of US sub-prime home loans.
The benchmark equity index was little changed after EnCana Corp., ...
DATE: Oct 25, 2007
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Insured losses from the California wildfires are now more than $1 billion according to a leading industry analyst.
The extent of destruction to insured property caused by at least 16 significant wildland fires burning across the state from Santa Barb...
DATE: Oct 25, 2007
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AUTHOR:
Scott Neil
The world famous Faberge brand is set to be revived by an investment group led by London-based mining insurance company Pallinghurst Resources.
Pallinghurst, whose Guernsey branch raised $169 million from an initial public offering on the Bermuda Sto...
DATE: Oct 25, 2007
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California-based EQECAT, a leading authority on extreme-risk modelling, has signed a multi-year renewal agreement with independent reinsurance and risk intermediary Benfield to license all of EQECAT's currently available WORLDCATenterprise earthquake...
DATE: Oct 25, 2007
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Willis Group Holdings was unable to reproduce its fine profits of $89 million for the third quarter 2006, dropping $22 million to $67 million this year.
Net income was 46 cents per diluted share in the third quarter 2007 compared to 56 cents for the ...
DATE: Oct 25, 2007
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