76472 results returned for search: "" category "Business"
TORONTO (Reuters) — Fairfax Financial Holdings Ltd. said yesterday its first-quarter earnings fell along with lower total revenue and a decline in investment gains.The insurance holding company said it earned $110.9 million, or $5.88 a share, in the ...
DATE: May 04, 2007
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Butterfield Bank's role in assisting with the issuing of 2.5 million shares of Bermuda Aviation Services, in a deal worth $15.8 million, has won it the 'Deal of the Year 2007' award for Bermuda from The Banker magazine, a Financial Times publication....
DATE: May 04, 2007
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AUTHOR:
Scott Neil
NEW YORK (Bloomberg) — Aon Corp., the world’s second-largest insurance brokerage, said first-quarter profit rose 7.6 percent on higher revenue from fees and commissions.Net income climbed to $213 million, or 66 cents a share, from $198 million, or 57...
DATE: May 04, 2007
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OSLO (Bloomberg) — Seadrill Ltd., the world’s sixth-largest offshore oil driller, said it expects to win more contracts a day after securing $970 million for one of its rigs, sending shares up by the most in seven months.Bermuda-registered Seadrill a...
DATE: May 04, 2007
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Concern about higher claims being made in marine insurance will be at the forefront of discussion when the first TradeWinds Marine Risk Forum is held in Bermuda at the end of next week.
The shipping industry newspaper is convening a two-day conferenc...
DATE: May 04, 2007
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AUTHOR:
Scott Neil
TORONTO (Bloomberg) — Manulife Financial Corp., Canada's largest insurer, said first-quarter profit increased as stock prices boosted earnings from its mutual fund businesses in Canada and the US.First-quarter shareholders' net income climbed 3.6 per...
DATE: May 04, 2007
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MUNICH (Bloomberg) — Hannover Re, the world’s fourth-biggest reinsurer, said first-quarter profit rose 17 percent as higher investment income and a lower tax rate helped cushion claims from winter storm Kyrill.Net income rose to 123.5 million euros (...
DATE: May 04, 2007
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Bermuda remains the world’s number one captive domicile — but it faced plenty of competition from rival jurisdictions attracting the attention of risk managers at RIMS this week.
Barely 30 yards away from the impressive Bermuda booth, was the station...
DATE: May 04, 2007
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NEW YORK (Bloomberg) — Nabors Industries Ltd., the world’s largest onshore oil and natural-gas driller, said first-quarter profit rose 2.1 percent as customers spent more to tap energy deposits.Net income climbed to $262.2 million, or 92 cents per sh...
DATE: May 04, 2007
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Mutual fund company WP Stewart yesterday announced it had suffered a first quarter loss of $1.8 million or four cents a share after taking a one-time charge of $5.8 million to deal with the termination of certain employees.
Bermuda-based WP Stewart, ...
DATE: May 04, 2007
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