49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) — British banks received a net $257 billion from operations in the nation's offshore tax havens as of June 30, according to a government report.
The funds are mainly bank deposits collected in offshore centres such as Jersey and th...
DATE: Oct 30, 2009
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WASHINGTON (Bloomberg) — The Obama administration endorsed plans to extend an $8,000 tax credit for first-time homebuyers, saying it is helping stabilise the nation's housing market.
The tax break, enacted earlier this year as part of the $787 billio...
DATE: Oct 30, 2009
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NEW YORK (AP) — JetBlue said yesterday it will boost its service from Boston Logan by 30 percent by next summer, as bigger carriers pull back and competition from rival Southwest heats up.
JetBlue, based in Forest Hills, New York, plans to offer up t...
DATE: Oct 30, 2009
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LONDON (AP) — The British government said it would block persistent illegal file sharers' Internet connections by forcing service providers to pull the plug on lawbreakers.
Britons who repeatedly download music or films illegally would have their acc...
DATE: Oct 30, 2009
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Aspen Insurance Holdings Ltd. posted a record net income of $144.7 million for the third quarter of 2009 as a result of a quiet hurricane season and improving investments.
Its profits rose from a $126.1 million net loss after tax, while net investmen...
DATE: Oct 29, 2009
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Net income: $144.7 million compared to a net loss of $126.1 million in 2008
Combined ratio: 80.3 percent compared to 123.3 percent in 2008
Gross premiums written: $490.3 million compared to $441.3 million in 2008
DATE: Oct 29, 2009
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The total number of investment funds in Bermuda continued to drop for the second quarter, according to the Bermuda Monetary Authority's (BMA) latest statistics.
The BMA's Regulatory Update for September 2009 revealed that the number of investment fun...
DATE: Oct 29, 2009
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Everest Re's profits soared to $228.6 million for the third quarter, driven by strong operating income and a recovery in the financial markets.
The reinsurer, which logged a net loss of $233.1 million or $3.79 per share for the same period in 2008, s...
DATE: Oct 29, 2009
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Two directors have resigned from the board of the fund whose listing was suspended by the Bermuda Stock Exchange (BSX) after another board member was charged in an insider trading case.
The BSX announced yesterday that John Eager and Robert Steinberg...
DATE: Oct 29, 2009
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AUTHOR:
Jonathan Kent
Net income: $228.6 million compared to a net loss of $233.1 million in 2008
Combined ratio: 88.7 percent compared to 115 percent in 2008
Gross premiums written: $1.1 billion compared to $999.2 million in 2008
DATE: Oct 29, 2009
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