76472 results returned for search: "" category "Business"
Record full-year operating income of $442.8 million has been reported by Allied World Assurance Company Holdings Ltd. (AWAC), which has also posted 2006 fourth quarter operating income of $133.6 million.
A relatively benign year for hurricanes and ot...
DATE: Feb 13, 2007
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Ratings agency Fitch has affirmed the financial strength ratings of Bermuda reinsurer Max Re Ltd. at A and has removed a rating watch negative. Fitch said Max Re’s franchise, reputation, competitive and financial position was not adversely impacted a...
DATE: Feb 13, 2007
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CAPE TOWN (Reuters) — The world’s top diamond producer De Beers and the South African government will form a new black-controlled diamond mining company, they said on Friday.The new company, which might later be listed on the Johannesburg stock excha...
DATE: Feb 12, 2007
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NEW YORK (AP) — Wall Street has been running short on inspiration lately and will look to a stream of economic data in the coming week for clues on whether stocks can push beyond the range in which they have been mired in recent weeks.The reports inc...
DATE: Feb 12, 2007
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Labour and Immigration Minister Derrick Burgess has reluctantly scrapped plans to create a register for land trusts after experts told him the move would cause serious damage to the Island’s trust business.
The scheme was to have been a major part of...
DATE: Feb 12, 2007
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AUTHOR:
Jonathan Kent
ESSEN, Germany (Reuters) — Finance ministers and central bankers from the G7 industrial nations sounded an upbeat note on world economic prospects on Saturday, saying growth had become more balanced and could be around 5 percent this year.The Group o...
DATE: Feb 12, 2007
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The Royal Gazette / Bermuda Stock Exchange (BSX) Index gained 36 points in last week's trading, driven by gains in the banking and telecommunications sectors.
Butterfield Bank Ltd. gained $1.50 (2.63 percent) over the five days as its share price mov...
DATE: Feb 12, 2007
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Two Bermuda insurance and reinsurance companies have suggested ways in which they intend to find new business to offset expected lost premiums worth around $50 million to $60 million from a legislation change affecting the Florida market.
A move by F...
DATE: Feb 12, 2007
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AUTHOR:
Scott Neil
Max Re Capital Ltd. is the latest Bermuda insurer and reinsurer to announce record profits for 2006.
For last year's fourth quarter, the company swung to a net income of $95.4 million, or $1.51 per share, from a net loss of $12.6 million, or $0.22 pe...
DATE: Feb 12, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The Royal Gazette / Bermuda Stock Exchange (BSX) Index gained 36 points in last week's trading, driven by gains in the banking and telecommunications sectors.
Butterfield Bank Ltd. gained $1.50 (2.63 percent) over the five days as its share price mov...
DATE: Feb 12, 2007
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CATEGORY:
Other
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