3259 results returned for search: "" category "International Business"
Alterra Capital Holdings Ltd suffered a $46.7 million net loss during the first quarter of 2011, impacted by the Japanese and New Zealand earthquakes and Australian floods.
That compared to a profit of $36.4 million for the same quarter of 2010.
Alte...
DATE: May 04, 2011
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CATEGORY:
International Business
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Business insurer XL Group plc last night announced a first-quarter net loss of $227.3 million after it was hit by catastrophe losses of more than $380 million in the first three months of the year.
The net operating loss of $163 million, or 52 cents ...
DATE: May 04, 2011
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CATEGORY:
International Business
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PartnerRe Ltd has increased its loss estimate for the Japanese earthquake and tsunami by another $230 million.
The re/insurer announced initial loss estimates of approximately $500 million last month.
PartnerRe president and CEO Costas Miranthis said...
DATE: May 02, 2011
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CATEGORY:
International Business
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Majestic Capital Ltd is to voluntarily delist from the Nasdaq Stock Exchange.
The Bermuda-based company, whose subsidiaries offer workers’ compensation insurance in the US, said in a regulatory filing on Friday the effective date of the delisting wou...
DATE: May 02, 2011
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CATEGORY:
International Business
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Bermuda’s re/insurance industry is bracing itself for more catastrophe losses after an expensive first quarter from the deadly tornadoes that have wreaked havoc in the United States.
The storms, some of which have been classified as EF5 storms - the ...
DATE: May 02, 2011
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CATEGORY:
International Business
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Bermuda-based White Mountains Insurance Group Ltd made a net loss of $28 million in the first quarter as its reinsurance segment took a $125 million hit from catastrophe losses.
However the group, which includes OneBeacon, White Mountains Re and Esur...
DATE: May 02, 2011
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CATEGORY:
International Business
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NEW YORK (Bloomberg) Bermuda-based Lazard Ltd, the largest independent merger adviser, said first-quarter earnings fell 4.7 percent as revenue from advising on restructurings declined.
Profit was $58.5 million, or 43 cents a share, compared with $61....
DATE: Apr 28, 2011
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CATEGORY:
International Business
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NEW YORK (Reuters) - While a jury studied the evidence in Raj Rajaratnam’s trial yesterday, a former trader associated with his Galleon Group hedge fund became the latest to plead guilty in a sweeping government probe of insider trading on Wall Stree...
DATE: Apr 27, 2011
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CATEGORY:
International Business
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Nabors Industries Ltd’s profits rose more than doubled during the first quarter of 2011 - but the company expects to do even better in the next quarter according to its chairman and CEO.
The Bermuda-based drilling firm reported net income of $82.2 m...
DATE: Apr 27, 2011
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CATEGORY:
International Business
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Making the most of your investment choices was the focus for Business Bermuda Local Awareness Committee’s last monthly luncheon seminar of the season.
The sixth seminar of the series entitled ‘Investing 101: Making the Most of Your Investment Choices...
DATE: Apr 27, 2011
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CATEGORY:
International Business
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