76472 results returned for search: "" category "Business"
The Royal Gazette / Bermuda Stock Exchange continued to show little reaction to the turmoil on major exchanges around the world as it moved less than two points to end another quiet day just 1.82 points lower (0.04 percent) at 4,994.10.
A total of 1,...
DATE: Mar 01, 2007
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Bermuda-based American Safety Insurance Holdings last night reported a 42 percent increase in fourth-quarter net earnings to $6.4 million, or $0.59 per share.
An earnings statement from the company said attributed the increase primarily to increased ...
DATE: Mar 01, 2007
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The Bermuda-based IPOC International Growth Fund — which is facing a winding up order from Finance Minister Paula Cox — has been dealt another legal blow in a case in Switzerland.
The Swiss Federal Tribunal has ruled that IPOC does not have ownership...
DATE: Mar 01, 2007
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AUTHOR:
Jonathan Kent
The Royal Gazette / Bermuda Stock Exchange continued to show little reaction to the turmoil on major exchanges around the world as it moved less than two points to end another quiet day just 1.82 points lower (0.04 percent) at 4,994.10.
A total of 1,...
DATE: Mar 01, 2007
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CATEGORY:
Other
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Converium Holding Ltd. received the credit rating upgrade it had sought for more than two years, boosting the Swiss reinsurer's defence against a hostile takeover attempt by French rival Scor SA., Bloomberg News reported.
Standard & Poor's increased ...
DATE: Mar 01, 2007
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Bermuda insurer BF&M Ltd. is branching out farther into the Caribbean.
Yesterday, the company’s chief executive officer John Wight said BF&M Life Insurance Company had struck a deal with LIV Insurance Brokers and Agents of the Bahamas.
The agreement ...
DATE: Feb 28, 2007
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AUTHOR:
Jonathan Kent
WASHINGTON (Reuters)The World Bank has launched the first multinational disaster insurance plan that will give Caribbean countries — and Bermuda — immediate cash after hurricanes or earthquakes. A donor conference in Washington on Monday raised $47 m...
DATE: Feb 28, 2007
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LONDON (Bloomberg) — Bermuda-based Frontline Ltd., the world’s second-biggest oil-tanker company, said fourth-quarter profit rose 0.6 percent after it sold two vessels for gains of $73.2 million.
Net income was $134.6 million, or $1.80 a share, compa...
DATE: Feb 28, 2007
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NEW YORK (AP) — Stocks had their worst day of trading since the September 11, 2001 terrorist attacks, briefly hurtling the Dow Jones industrials down more than 500 points on a world-wide tide of concern that the US and Chinese economies are stumbling...
DATE: Feb 28, 2007
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TORONTO (Reuters) - The Toronto Stock Exchange’s main index plunged more than 360 points, its steepest one-day percentage loss since April 2004, as commodity issues led a broad retreat after a sharp sell-off in Chinese stocks sparked concerns about g...
DATE: Feb 28, 2007
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