49296 results returned for search: "" category ("Other" AND "Business")
Net income: $271.2 million compared to $135.7 million in 2008
Combined ratio: 43.5 percent compared to 53.5 percent in 2008
Gross premiums written: $855.2 million compared to $807.6 million in 2008
DATE: Jul 29, 2009
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SAN FRANCISCO (Bloomberg) - Facebook, the world's largest social-networking website, was sued over claims it charges advertisers more than it should, based on the number of users viewing or clicking on their Internet ads.
The lawsuit, filed yesterday...
DATE: Jul 29, 2009
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Bermuda reinsurer RenaissanceRe Holdings Ltd.'s net income almost doubled year on year in the second quarter to $271.2 million, boosted by increased revenue.
The Class of 1993 reinsurer also benefited from $106 million in favourable prior years' deve...
DATE: Jul 29, 2009
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) - Google Inc.'s settlement of a lawsuit over its book-scanning program that is being probed by anti-trust regulators will help competitors by laying the groundwork for accords with writers and publishers, the company's top lawyer...
DATE: Jul 29, 2009
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Annuity and Life Re (Holdings) Ltd. reported a net loss of $82,532 for the three months ended June 30, 2009, compared to a net loss of $212,458 for the same period last year.
The company had investment gains of $185 during the third quarter versus $2...
DATE: Jul 29, 2009
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NEW YORK (Reuters) - Bailed-out insurer American International Group rebranded its property-casualty business under the name Chartis yesterday and said it would put the equity for the division into a separate company — key steps toward a sale of at l...
DATE: Jul 28, 2009
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As the new general manager of Riddell's Bay Golf & Country Club, Dennis Paul has a wide swath of responsibility. A tad more than he had at his last job in Bermuda — which was as a waiter at the long gone Once Upon a Table restaurant.
But that was 22 ...
DATE: Jul 28, 2009
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One retailer has been turning the economic downturn to his advantage — by offering competitive prices and launching new products.
Darren Booth, owner of Heel Quick and The Booth, both in Washington Mall, has just released a new line of DC Shoes and a...
DATE: Jul 28, 2009
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Ten of Bermuda's brightest students planning to pursue careers in the insurance industry were presented with scholarships totalling $365,000 from the Bermuda Foundation For Insurance Studies (BFIS) at a reception yesterday.
The top scholarship is wor...
DATE: Jul 28, 2009
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Argus Group Holdings Ltd. saw its share price drop by 3.12 percent (25 cents) on The Bermuda Stock Exchange (BSX) yesterday.
The insurance company closed the day down at $7.75, with 800 shares traded.
Butterfield Bank, meanwhile, saw the value of its...
DATE: Jul 28, 2009
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