76472 results returned for search: "" category "Business"
The Royal Gazette/Bermuda Stock Exchange Index edged up 6.32 points yesterday to close at 4,388.21.
On a moderate day of trading Belco led the advances, gaining 50 cents to close at $39 on volume of 2,300 shares and BF&M rose 25 cents to close at $17...
DATE: Mar 29, 2006
|
CATEGORY:
Other
|
Major equity markets have registered some pretty good performances so far, this year, and it may be time for a breather. There are worries about earnings growth and the risk of rising bond yields making stocks less appealing.
Europe has led the pack,...
DATE: Mar 29, 2006
|
CATEGORY:
Other
|
Lines Overseas Management has told a US court that it will be unable to disclose certain information requested by an American subpoena because of a Bermuda Supreme Court injunction.
For almost two years, LOM has been engaged in a court battle with th...
DATE: Mar 29, 2006
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) ? Zurich Financial Services AG, Switzerland's biggest insurer, agreed to pay $153 million to settle bid-rigging and accounting probes in New York, Illinois and Connecticut.
The company, the No. 3 commercial insurer in the US, wil...
DATE: Mar 28, 2006
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) ? Insurance claims could increase as much as $47 billion in the event of a bird-flu pandemic killing 609,000 people in the US and Europe, Fitch Ratings said.
If a pandemic killed 400,000 people in Europe, insurance claims would i...
DATE: Mar 28, 2006
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) ? The cost of insuring ships may rise following a series of accidents in the past week, according to Marsh & McLennan Cos. and Aon Corp., the world's largest insurance brokerages.
A fire on the may have damaged one-third of the 5...
DATE: Mar 28, 2006
|
CATEGORY:
Other
|
Bermuda reinsurer Max Re Capital yesterday saw its share value fall to a level near its 52-week low after it announced an internal investigation that may require an earnings restatement.
The reinsurer saw its shares fall as low as $21.35 after market...
DATE: Mar 28, 2006
|
CATEGORY:
Other
|
The Royal Gazette/Bermuda Stock Exchange Index gained 9.10 points yesterday to close at 4,381.89.
On a light day of trading LOM led the advances, gaining $1.60 to close at $4.50 as investors traded in 2,000 shares and Stevedoring Services rose 75 cen...
DATE: Mar 28, 2006
|
CATEGORY:
Other
|
Hurricane losses ate up about one-quarter of the capital held by Bermuda?s largest insurers, a new report from the research arm of UK-based broker Benfield revealed yesterday.
The report, which is compiled based on the quarterly results of 16 major B...
DATE: Mar 28, 2006
|
CATEGORY:
Other
|
The Isle of Man is ?the offshore centre to beat? for its e-commerce attractions and benefits according to a report commissioned by that jurisdiction which also deems Bermuda ?no longer a viable contender in the e-commerce market?.
UK consultancy Char...
DATE: Mar 28, 2006
|
CATEGORY:
Other
|
