76472 results returned for search: "" category "Business"
Standard & Poor's downgraded the counterparty credit and financial strength ratings on PXRe Reinsurance Ltd. two notches to "BBB-" from "BBB+" last night just minutes before the troubled Bermuda-based property-catastrophe reinsurer began its earnings...
DATE: Feb 24, 2006
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Models that insurance underwriters use to help assess the risk of loss when pricing a policy are a tool that must be used in tandem with human judgment, industry experts gathering to discuss the sector's issues, said this week.
"As an industry we hav...
DATE: Feb 24, 2006
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DATE: Feb 23, 2006
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BOSTON (Bloomberg) ? Bill Miller, holder of the longest streak of beating the Standard & Poor's 500 Index in mutual fund history, is calling on Bermuda-based Tyco International Ltd. to buy back shares as its stock trades near a two-year low.
Miller s...
DATE: Feb 23, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 29.84 points yesterday to close at 4,340.33.
On an active day of trading the only issue to move up saw MediaHouse gain 55 cents to close at $6.55 as investors traded in 940 shares.
Butterfield Bank ...
DATE: Feb 23, 2006
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Lines Overseas Management has produced ?electronic copies of some of the very tapes that the US Securities and Exchange Commission accused it of destroying?, LOM said this week in notice filed with the US District Court for the District of Columbia.
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DATE: Feb 23, 2006
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BANGKOK (Reuters) ? Asia?s insurance industry is poised for strong growth this year with booming economies in China and India fuelling corporate demand for protection, Ace Ltd. said yesterday.
?The operating environment in Asia is very encouraging,? ...
DATE: Feb 23, 2006
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The self-regulatory body for Canada?s securities industry has accused a Canadian stockbroker of secretly trading the over-the-counter bulletin board listed security HiEnergy Technologies Inc. on behalf of American fraudster Phil Gurian.
The Canadian ...
DATE: Feb 23, 2006
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The chief executive of PXRe Group Ltd. moved to assure clients and investors last night that the Bermuda property-catastrophe reinsurer was able to meet its obligations despite recent ratings downgrades and a fourth quarter 2005 loss of $446.5 millio...
DATE: Feb 23, 2006
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Bermuda?s regulatory environment is a key factor in its having developed a robust reinsurance market ? and its keeping that advantage will require vigilence and cooperation with other regulators, delegates at the World Insurance Forum heard yesterday...
DATE: Feb 23, 2006
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