76472 results returned for search: "" category "Business"
PartnerRe's board of directors has declared dividends on its Series C cumulative redeemable preferred shares and Series D cumulative redeemable preferred shares.
The dividends cover the period December 1 last year to February 28. There will be a divi...
DATE: Feb 12, 2007
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Property and casualty reinsurance company Aspen Insurance Holdings Ltd. has declared dividends on its ordinary shares, Perpetual PIERS and Perpetual Preference shares.
A quarterly cash dividend of $0.15 will be paid per ordinary share. The dividend i...
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
ESSEN, Germany (Reuters) — The Group of Seven richest nations vowed on Saturday to push ahead with better scrutiny for hedge funds, calling for vigilance on the risks posed by the $1.5-trillion industry.The G7 asked the international Financial Stabil...
DATE: Feb 12, 2007
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MUMBAI (Reuters) — Britain’s Vodafone Group Plc has won the battle for Hutchison Essar, India’s fourth-biggest mobile phone operator, with a bid that values it at around $18.8 billion including debt.Vodafone, the world’s biggest mobile operator in te...
DATE: Feb 12, 2007
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NEW YORK (Bloomberg) — The yen may fall after the Group of Seven industrial nations stopped short of saying that the currency’s weakness is a threat to the global economy.The Japanese currency is trading near a record low against the euro and the wea...
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
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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AUTHOR:
Jonathan Kent
CALGARY, Alberta (Reuters) — The Canadian oil patch is circling the wagons again.The ruts are well-worn, but the difference now is that the perceived offensive on the oil industry’s financial health is from a supposedly friendly Conservative governme...
DATE: Feb 12, 2007
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NEW YORK (Reuters) — Bermuda-based PXRE Group Ltd. yesterday said it would take a $17.6-million charge after defaulting on a catastrophe bond payment.The reinsurer, in a regulatory filing, said its failure to make a payment on February 8 was likely t...
DATE: Feb 12, 2007
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