3259 results returned for search: "" category "International Business"
Bermuda-based luxury resort operators Orient-Express Hotels Ltd reported net earnings of $5.2 million for the second quarter as the premier leisure travel market continued to pick up.
That compared to a net loss of $800,000 in 2010.
So far this year ...
DATE: Aug 04, 2011
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CATEGORY:
International Business
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Bermuda features prominently in a report on US corporate tax avoidance released this month.
The report entitled ‘Corporate America Untaxed: Tax Avoidance on the Rise’, which was published by The Greenling Institute, a national policy, research, organ...
DATE: Aug 02, 2011
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CATEGORY:
International Business
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NEW YORK (AP) - Transatlantic Holdings Inc on Thursday said its board rejected a hostile takeover bid from fellow insurer Validus Holdings Ltd, and remained committed to go ahead with plans to combine the company with Switzerland-based Allied World A...
DATE: Aug 01, 2011
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CATEGORY:
International Business
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Lancashire Holdings Ltd has announced the company will switch its tax base from Bermuda to the UK as it reported forecast-beating quarterly profit thanks to limited exposure to recent natural disasters.
Lancashire said it did not expect its tax bill ...
DATE: Aug 01, 2011
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CATEGORY:
International Business
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Validus Holdings Ltd’s net income slipped $70 million for the second quarter as losses for the US tornadoes came in within its pre-announced range.
The re/insurer, which earlier this month put in a $3.5 billion bid for Transatlantic Holdings, reporte...
DATE: Aug 01, 2011
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CATEGORY:
International Business
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White Mountains Insurance Group Ltd’s profits rose to from $2.5 million to $11.7 million during the second quarter after the company sold subsidiaries Esurance and Answer Financial to Allstate.
The company also reported an adjusted book value per sha...
DATE: Aug 01, 2011
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CATEGORY:
International Business
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Maiden Holdings Ltd posted a net loss of $24.4 million for the second quarter, having turned a profit of $18.6 million a year previous.
On June 24, 2011, Maiden completed a $107.5 million offering of 8.25 percent senior notes which mature on June 15,...
DATE: Aug 01, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) - Lazard Ltd., the biggest non-bank merger adviser, reported a 24 percent increase in earnings as revenue from asset management climbed to a record.
Second-quarter profit rose to $65.8 million, or 48 cents a share, from $53 milli...
DATE: Jul 29, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) - Validus Holdings Ltd. said it will begin trading its stock for Transatlantic Holdings Inc shares at the original offer price, shunning a request from the target company’s board for a higher bid.
The directors last week asked Va...
DATE: Jul 26, 2011
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CATEGORY:
International Business
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Bermuda-based Athene Holding Ltd has concluded the acquisition of SCOR SE’s US fixed-annuity subsidiary, Investors Insurance Corp, for $55 million, it has been announced.
SCOR, a Paris-based reinsurer, said in February that it would sell the Jackson...
DATE: Jul 22, 2011
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CATEGORY:
International Business
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