76472 results returned for search: "" category "Business"
Fourth Quarter
4Q net loss of $61 million, or 68 cents a share, compared to $102.4 million, or $1.53 a share during the same period a year ago
4Q loss, excluding changes in investments, of $53.2 million, or 59 cents a share, falling short of average ...
DATE: Feb 17, 2006
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Bermuda?s balance of payments for the third quarter of 2005 recorded a projected surplus of $173 million compared to a surplus of $147 million in the corresponding quarter of 2004.
The Bermuda Monetary Authority?s economic figures show that payments ...
DATE: Feb 17, 2006
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The retail sector is awaiting today?s Budget with a mixture of apprehension and hope: apprehension over possible increase to the costs of doing business; and hope that Customs duties will be cut.
While individual businesses have reported improved sal...
DATE: Feb 17, 2006
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ALEXANDRIA, Virginia (AP) ? Four former top executives of insurance giants General Re and American International Group pleaded not guilty to federal fraud and conspiracy charges yesterday and pledged $1 million in bond each as their trial was set for...
DATE: Feb 17, 2006
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ZURICH (Bloomberg) ? Zurich Financial Services AG, Switzerland?s biggest insurer, said profit rose 57 percent in the fourth quarter, helped by lower-than-expected claims from Hurricane Wilma and a rebound in its property and casualty operations.
Net ...
DATE: Feb 17, 2006
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Axis Capital Holdings on Wednesday said one of its founding shareholders was selling a two percent percent stake in the company for an estimated $100.2 million.
Trident II, L.P. and related companies will sell the 3.15 million shares in a block trade...
DATE: Feb 17, 2006
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Bermuda-based reinsurer PXRe's future was up in the air last night after it said its losses from last year's hurricane season could be $311 million or 65 percent higher than its previous estimate and a ratings agency moved quickly to cut the company'...
DATE: Feb 17, 2006
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The Royal Gazette/Bermuda Stock Exchange Index's record-setting streak ended yesterday when it fell 23.85 points yesterday to close at 4,400.36.
Butterfield Bank fell 50 cents from its 52-week high to close at $56.50 as investors traded in 19,272 sha...
DATE: Feb 17, 2006
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With Hurricane Katrina putting an exclamation mark on mould and pollution exposure, brokerage firm Integro is anticipating more risk managers will investigate environmental insurance programmes.
Integro, through its subsidiaries, is an insurance brok...
DATE: Feb 17, 2006
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Retailers were hit by depressed sales in December, largely because the apparel sector posted a stiff drop in sales.
The Island?s clothing retailers experienced a 19.3 percent fall in sales during what is typically the sector?s busiest shopping period...
DATE: Feb 17, 2006
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