76483 results returned for search: "" category "Business"
CHICAGO, July 26 (Reuters) - Endurance Specialty Holdings Ltd.(ENH) said today that its quarterly profit fell 4 percent. The company attributed the better-than-expected results to "a low level of catastrophe loss activity" during the second quarter a...
DATE: Jul 26, 2005
|
CATEGORY:
Other
|
WASHINGTON (Bloomberg) ? RenaissanceRe Holdings Ltd., a Bermuda-based reinsurer, said the US Securities and Exchange Commission told chairman and chief executive James Stanard that he may be sued over the company?s earnings restatement.
Stanard, 56, ...
DATE: Jul 26, 2005
|
CATEGORY:
Other
|
Low levels of large losses in the second quarter of 2005 sent PartnerRe Ltd?s earnings up 33.5 percent to $159.9 million from $119.8 million in the same period a year ago.
Operating earnings for the second quarter of 2005 were $114.3 million or $2.05...
DATE: Jul 26, 2005
|
CATEGORY:
Other
|
Everest Re Group Ltd. reported yesterday that its second quarter 2005 net income declined 26.4 percent to $194.2 million compared to $264 million in the second quarter of 2004.
Second quarter 2005 operating income fell nominally to $173.3 million, or...
DATE: Jul 26, 2005
|
CATEGORY:
Other
|
The Royal Gazette/Bermuda Stock Exchange Index gained 34.46 points on Monday to close at at 3,337.52. Butterfield Bank gained 25 cents and closed at $41.25 on the trading of 696 shares.
Investors of Bermuda Commercial Bank Ltd. pushed up the price of...
DATE: Jul 26, 2005
|
CATEGORY:
Other
|
The Island?s oldest department store closed the door on more than 160 years in retail business on Saturday after marking down all remaining merchandise by 80 percent.
Company lawyer Wendell Hollis said that the deductions made the last day a ?very ac...
DATE: Jul 26, 2005
|
CATEGORY:
Other
|
Shares of Bermuda-based reinsurer RenaissanceRe Holdings, yesterday plunged $4.25, or nine percent, as investors reacted to news that chief executive James N. Stanard could face a civil enforcement action from the US Securities and Exchange Commissio...
DATE: Jul 26, 2005
|
CATEGORY:
Other
|
The Bermuda Monetary Authority has restructured its insurance department with the addition last week of a second deputy director and a plan to increase the size of its staff roster from 24 to 32 within the year.
The restructuring comes at a time when...
DATE: Jul 25, 2005
|
CATEGORY:
Other
|
The participants in this year's St. Baldrick's headshaving fundraiser topped all records to bring in nearly $700,000 to fund research benefiting children with cancer, organisers said on Friday.
Seventeen men, and one woman, took part in the lively an...
DATE: Jul 25, 2005
|
CATEGORY:
Other
|
US lawmakers rejected a lobbying effort by Accenture Ltd., the world?s second-largest consulting firm, to ensure that it obtained an exemption from tax penalties on companies that incorporate in havens such as Bermuda.
A legislative package of so-cal...
DATE: Jul 25, 2005
|
CATEGORY:
Other
|
