76472 results returned for search: "" category "Business"
(Bloomberg) ? Dubai?s government and California billionaire Ronald Burkle offered about $828 million for Refco Inc.?s regulated brokerage unit, topping two earlier bids. Investors including Leon Black said they may join an auction for the failed comp...
DATE: Oct 25, 2005
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Argus Insurance Company Limited (AIC) looks set to be transformed next month into Argus Group Holdings Limited as the AIC Group restructures its organisation.
AIC shareholders have been notified that a meeting is scheduled for November 24 at the Berm...
DATE: Oct 25, 2005
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NEW YORK (Reuters) ? Insurers and disaster modellers foresee up to $10 billion in losses from Hurricane Wilma, putting it among the ten most expensive hurricanes ever, but well below Katrina?s $35 billion cost.
But shares of insurers with heavy expos...
DATE: Oct 25, 2005
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Financial ratings firm AM Best Co. has downgraded its ratings on Montperlier Re Holdings Ltd., a Bermuda reinsurer expected to see a large percentage of its capital sapped by Hurricane Katrina claims.
Montpelier, which quickly tapped capital markets ...
DATE: Oct 25, 2005
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The Bank of Bermuda plans to consolidate operations by moving its 1,160 employees from seven offices into three ? a development that could flood an already rapidly expanding commercial property market.
The bank?s consolidation plan is tied to its red...
DATE: Oct 25, 2005
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PartnerRe Ltd., a Bermuda insurance and reinsurance company, last night reported a net loss of $288.7 million for the third quarter, after suffering record losses from Hurricane Katrina and other catastrophes.
PartnerRe said unprecedented catastrophe...
DATE: Oct 25, 2005
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DATE: Oct 25, 2005
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The Royal Gazette/Bermuda Stock Exchange Index fell 12.21 points yesterday to close at 3,769.46.
On a quiet day of trading, Butterfield Bank fell 25 cents to close at $45.50 as investors traded in 5,000 shares.
The total value of the shares bought an...
DATE: Oct 25, 2005
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US$4.91 (Aug 31)
Australia 69.10 (May 06).
Europa 32.41 (May 06).
Hong Kong 311.97 (May 06).
Int?l Bond 24.90 (May 06).
GEM 15.87 (May 06).
Leading Sectors 8.11 (May 06).
North America 60.90 (May 06).
Asian Growth Fund 33.70 (May 06).
Pacific 76.52 ...
DATE: Oct 24, 2005
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WASHINGTON (Reuters) ? Platinum Underwriters Holdings Ltd. may periodically sell up to $750 million in debt, common stock, preferred stock, warrants and other securities, according to a regulatory filing on Friday.
The Bermuda-based reinsurance compa...
DATE: Oct 24, 2005
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