76488 results returned for search: "" category "Business"
Results for the first three months of the year compared to the same period a year ago
Net income: $44.3 million, a 74 percent decline compared to $168.87 million during the first quarter of 2004
Net income broken down per share*: 62 cents per share c...
DATE: May 04, 2005
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Bermuda-based reinsurer RenaissanceRe saw its first quarter earnings fall below expectations with net income declining 74 percent to $44.3 million from $168.87 million a year prior.
Despite the fall in profit, RenRe affirmed previous earnings guidanc...
DATE: May 04, 2005
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SEATTLE (Dow Jones/AP) ? New York Attorney General Eliot Spitzer, engaged in a wide-ranging probe of the insurance industry, is calling for more scrutiny of offshore subsidiaries of insurance companies.
Spitzer?s office is already investigating insur...
DATE: May 04, 2005
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C Travel, the Island?s largest travel agency, was named the top agency in 2004 for the Latin America and Caribbean division of the elite travel society, Virtuoso. C Travel accepted the award at Virtuoso?s annual travel academy held recently in Miami,...
DATE: May 04, 2005
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May 4, 2005
WRITS
A writ has been filed by Bank of Bermuda against Michael J. Scott in his capacity as Barrister and Attorney and Partner in the law firm Browne and Scott.
A writ has been filed in the matter of the Bankruptcy Act 1989 and in the matt...
DATE: May 04, 2005
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Celebrity-status political pundits Mary Matalin and James Carville say Bermuda might come up in damning news reports about offshore centres and occasionally be blamed by Capitol Hill legislators for America's job woes - but the Island really isn't th...
DATE: May 04, 2005
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CNA Financial Corp., the commercial insurance unit of Loews Corp., restated three years of results and lowered its net worth by $29 million to correct accounting for reinsurance with a former Bermuda-based affiliate. The correction will increase 2004...
DATE: May 04, 2005
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Bermuda-based Max Re Capital Ltd. reported first quarter income fell 14 percent to $36.8 million from $43 million in the first quarter of 2004. Operating income for the three months ended March 31 fell two percent to $36.4 million from $37.2 million ...
DATE: May 03, 2005
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TeleBermuda International Limited has signed a connection agreement with Quantum Communications Limited to give TBI customers an alternate choice for the local delivery of their international data and voice communications.
Quantum Communications ? wh...
DATE: May 03, 2005
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The Royal Gazette/Bermuda Stock Exchange Index yesterday fell 1.92 points to finish at 3,336.47.
Butterfield Bank saw 2,130 shares trade as investors pushed down the share price 40 cents to $42.10.
LOM (Holdings) Ltd. investors bought and sold 2,500 ...
DATE: May 03, 2005
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