76463 results returned for search: "" category "Business"
RAM enters quota share deal
Hamilton-based RAM Holdings Limited has announced its operating subsidiary, RAM Reinsurance Company Ltd. has entered into a quota share reinsurance treaty with Assured Guaranty Corporation.
Assured Guaranty is a wholly own...
DATE: Jul 02, 2007
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LONDON (Reuters) — Millions of homeowners in flood-hit parts of Britain are facing a hike in insurance costs in the wake of claims expected to reach $1 billion ($2b).Hundreds of families have been forced to flee their homes, as floods hit northern En...
DATE: Jul 02, 2007
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If businessman John Charman cashed in all his estimated $267 million worth of shares of Axis Capital he could lay the resulting single dollar bills flat on the ground, end-to-end, and comfortably circle the equator of the Earth.
In fact he'd have eno...
DATE: Jul 02, 2007
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AUTHOR:
Scott Neil
OTTAWA(Reuters) - Fresh water is the latest commodity heading for boom times, and Canadian investors can tap into water-themed funds that aim to profit from so-called "blue gold".It is estimated that 1.1 billion people do not have access to clean dri...
DATE: Jul 02, 2007
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NEW YORK (Bloomberg) — Apple Inc.'s US debut of the iPhone drew thousands of shoppers over the weekend, emptying most of AT&T Inc.'s inventory and causing network glitches as the flood of customers began activating the device.Shoppers snapped up as m...
DATE: Jul 02, 2007
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CHICAGO (Bloomberg) — Lake Shore Asset Management Ltd., a hedge fund firm run by a former chairman of the Chicago Mercantile Exchange, had its assets frozen by a federal court after regulators said it overstated its holdings.Chicago-based Lake Shore,...
DATE: Jul 02, 2007
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Hard work paid off for two top senior school students who were each presented with a cheque for $1,500 to go towards their future education at their graduation ceremonies last week.
The awards were made by the Bermuda International Business Associati...
DATE: Jul 02, 2007
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Nearly $1.6 million worth of shares traded on Bermuda Stock Exchange (BSX) last week.
Only one company — Bermuda Commercial Bank Ltd. — saw its share price rise. And that was a substantial jump as the Bank gained $2 (21.05 percent) to $11.50, as 2,00...
DATE: Jul 02, 2007
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Bermuda Press Holdings Ltd. on Friday reported net income of almost $1.2 million for the six-month period ended March 31.
The figure represented a increase of 6.7 percent compared to the same period last year, when The Royal Gazette's parent company ...
DATE: Jul 02, 2007
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AUTHOR:
Jonathan Kent
LONDON - The UK's top shares ended the first half's last trading day on higher ground, clawing back from earlier losses as commodities rose and as a Federal Reserve inflation gauge boosted morale in global stocks.
The FTSE 100 ended up 36.6 points, o...
DATE: Jun 30, 2007
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