76472 results returned for search: "" category "Business"
IPC Holdings last night posted income of $108.8 million or $1.50 per share in the second quarter 2006, a 70 percent improvement on $64.1 million or $1.32 per share in the same period 2005.
For the quarter ended June 30, operating income was $104.3 mi...
DATE: Jul 26, 2006
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begins her appointment as Chief Executive Officer of KeyTech Limited on August 1. Mrs. Lines, a Bermudian, joined KeyTech in 2002 as Chief Financial Officer and she worked closely with Sheila Manderson, who steps down as the current CEO at the end of...
DATE: Jul 26, 2006
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Results for the quarter ended June 30, 2006 compared to the same period a year ago
Net Income: $573 million, a 23 percent improvement from $467 million during the second quarter 2005
Net income broken down per share: $1.72 per share compared to $1.58...
DATE: Jul 26, 2006
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The Royal Gazette/Bermuda Stock Exchange Index reached an all-time yesterday, gaining 7.83 points to close at 4,553.46.
On active day of trading on the Exchange, Bermuda Commercial Bank Warrants gained $1 to close at $1.75 as investors traded in 2,00...
DATE: Jul 25, 2006
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Smaller companies are more vulnerable to fraud than larger ones ? since they have fewer resources to deal with it.
The disclosure was made by Bill Grieshober, seminar presenter at the Bermuda chapter of the Institute of Internal Auditors (IIA) course...
DATE: Jul 25, 2006
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A.M. Best Co. affirmed and removed from under review the ?A? financial strength rating and issuer credit ratings of Allied World Assurance Company, Ltd and its affiliates. The outlook for the ratings is stable.
Best?s action follows AWAC?s successful...
DATE: Jul 25, 2006
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Everest Re Group, Ltd. beat analyst expectations and posted its best earnings quarter ever, helped by investment income and a lack of catastrophes.
Operating income, which excludes net realised investment gains and losses, rose to $218 million in the...
DATE: Jul 25, 2006
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PartnerRe Ltd. posted income of $77.5 million in the second quarter of 2006, a 52 percent decline from $159.9 million in the same period 2005.
The 2006 quarterly result included net after-tax realised losses on investments of $47 million or 81 cents ...
DATE: Jul 25, 2006
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A.M. Best Co. affirmed the ?A-? financial strength rating and issuer credit ratings of Max Re Ltd. as a reflection of the Bermuda-based company?s diversified mix of traditional property/casualty products, along with its life and annuity business, sol...
DATE: Jul 25, 2006
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Hedge fund firm Magnetar Capital, which formed a Bermuda reinsurer earlier this year, said yesterday it has hired quantitative investment specialist Andrew Sterge to build a reinsurance business for the $3 billion firm.
Sterge worked at CooperNeff Gr...
DATE: Jul 25, 2006
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