49296 results returned for search: "" category ("Other" AND "Business")
Fulcrum Group and Butterfield Fund Services yesterday announced they plan to join forces to create a Bermuda-based company expected to be in the top 10 alternative asset fund administration companies in the world.
The agreement to form Butterfield Fu...
DATE: Aug 06, 2008
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AUTHOR:
Jonathan Kent
LONDON (Reuters) - Bermuda-based insurer Lancashire Holdings said its net profit for the second quarter fell 38 percent, hit by lower investment returns and higher claims expenses.
London-listed Lancashire, which specialises in lucrative but risky li...
DATE: Aug 06, 2008
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Cars are becoming smarter these days, the fruit of years of research, as can been seen in the new technologies Nissan plans to install in its vehicles.
The era of the smart car has been a long time coming. I am not talking about the Smart vehicle, a ...
DATE: Aug 06, 2008
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XL Insurance, XL Capital Ltd.'s global insurance operations, has launched a new specialised environmental insurance programme for pollution liability and clean-up expenses for US warehouses, storage and distribution facilities.
Underwritten by Greenw...
DATE: Aug 06, 2008
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Max Capital Group Ltd. saw its profits slip almost $20 million during the second quarter of 2008 amid tough trading conditions.
Net income fell to $74.2 million or $1.26 per share this quarter from $94.1 million or $1.45 per share for the same period...
DATE: Aug 06, 2008
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NEW YORK (AP) - A group of Orient-Express Hotels Ltd. investors have called for a special meeting to give Class A shareholders a vote on whether the leisure company's corporate governance structure should be revised, according to a regulatory filing ...
DATE: Aug 06, 2008
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NEW YORK (AP) - An already soaring Wall Street extended its advance yesterday after the Federal Reserve left interest rates unchanged and assuaged some of the market's fears about the economy. The Dow Jones industrial average shot up more than 330 po...
DATE: Aug 06, 2008
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Axis Specialty Ltd. and its affiliates have been affirmed the financial strength rating (FSR) of A (excellent) and the issuer credit ratings (ICR) of "a+" by AM Best Co.
Concurrently, Best has affirmed the ICR of "bbb+" and all existing debt ratings ...
DATE: Aug 06, 2008
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HSBC Bank of Bermuda boosted its net profit by nine percent to $163 million during the first six months of this year, despite tough economic times.
The bank's operating profit also rose 10 percent to $179 million for the six months ended June 30, 200...
DATE: Aug 06, 2008
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Bermuda-based insurer XL Capital Ltd. last night announced it had raised $2.875 billion in capital and closed the $1.9 billion deal that will eliminate almost all of its exposure to bond insurer Syncora Holdings Ltd. (formerly known as Security Capit...
DATE: Aug 06, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
