49296 results returned for search: "" category ("Other" AND "Business")
BF&M Ltd. took advantage of a good day's trading on The Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday to climb 25 cents (1.44 percent) to $17.50.
The insurance company traded 700 shares.
Butterfield Bank, however, saw its share price dro...
DATE: Nov 08, 2008
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Ms Myron, I felt compelled to comment on your recent RG article with the above title.
Upon reading, it is clear that your article has nothing to do with credit default swaps whatsoever. It would appear that you have picked up on a particular type of ...
DATE: Nov 08, 2008
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NEW YORK (Bloomberg) - Billionaire investor Warren Buffett's Berkshire Hathaway Inc. may post a fourth straight drop in quarterly net income, the longest streak of declines in at least 13 years, on falling profit at its insurance businesses.
The most...
DATE: Nov 08, 2008
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A couple of weeks ago, I promised to write on residence issues for Britons living in Bermuda, if so many as one person asked. Two people asked, so we will run this exact column next week, too (Just kidding).
As an added bonus, in acknowledging Mr. O...
DATE: Nov 08, 2008
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The challenges posed to insurers by the dislocation in the credit and equity markets will form the backdrop to the third annual Property/casualty insurance/reinsurance conference held at the Fairmont Hamilton Princess hotel next week.
The event, whic...
DATE: Nov 07, 2008
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Capital G Bank Ltd. has appointed two new senior managers to its ranks and promoted another employee.
Roderick Goom, a Canadian, joins the bank as a consultant in credit review and lending after a lifetime career in senior executive positions in the ...
DATE: Nov 07, 2008
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NEW YORK (Bloomberg) — Marsh & McLennan Cos., the world's second-biggest insurance broker, said profit fell 78 percent amid the slowing US economy and price declines for commercial coverage and reinsurance. The shares dropped 5.5 percent.
Third-quart...
DATE: Nov 07, 2008
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Net income: Loss of $99.4 million compared to a profit of $131.4 million in 2007.
Combined ratio: 113.1 percent compared to 79.4 percent in 2007.
Gross premiums written: $624.1 million compared to $423.3 million in 2007.
DATE: Nov 07, 2008
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Net income: Loss of $46.4 million compared to a profit of $109 million in 2007.
Combined ratio: 90.2 percent compared to 84.1 percent in 2007.
Gross premiums written: $291 million compared to $276 million in 2007.
DATE: Nov 07, 2008
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LONDON (Reuters) - The Bank of England made a shock 1.5 percentage point cut in interest rates yesterday to just 3 percent, their lowest level in more than half a century, as it seeks to prevent Britain from sliding into a deep recession.
That was th...
DATE: Nov 07, 2008
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