49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) - Websites that compare insurance policies may not give consumers the full picture of where to find the best deal, the UK financial markets regulator said.
Few comparison websites give full details on coverage or deductibles, accor...
DATE: May 09, 2008
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Bermuda-based Dockwise Ltd. marine contractor added a third vessel to its fleet at subsidiary Dockwise Transport.
After successfully completing the submerging test and sea trials, mv Talisman was delivered to the owners yesterday. The heavy transport...
DATE: May 09, 2008
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The allegation that a US intelligence-gathering firm had bribed an employee of KPMG Advisory Services, the company hired by the Bermuda Finance Ministry to carry out an inspection of the IPOC Fund, provided an intriguing sideshow to the long-running ...
DATE: May 09, 2008
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AUTHOR:
Jonathan Kent
As far as the Royal Canadian Mounted Police are concerned, the acronym IPOC stands for "Integrated Proceeds of Crime". That may seem richly ironic to those who have been following the long and highly complex case of the Bermuda-based IPOC Internation...
DATE: May 09, 2008
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Hundreds of residents have been queuing up to send money abroad as Bermuda gets its first money transfer service in six years.
C Advantage received permission to operate MoneyGram from the Ministry of Finance after supplying them with reams of inform...
DATE: May 09, 2008
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NEW YORK (Bloomberg) — American International Group Inc., the world's largest insurer by assets, said it will raise $12.5 billion after posting back-to-back quarterly losses for the first time as a publicly traded company.
AIG had a record first-quar...
DATE: May 09, 2008
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NEW YORK (Bloomberg) — Bermuda-based Assured Guaranty Ltd., the bond insurer with three stable AAA credit ratings, posted a $169.2 million loss as the mortgage-linked securities it guarantees fell in value.
The first-quarter net loss was $2.11 a shar...
DATE: May 09, 2008
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Bermuda-based Allied World Insurance saw its net income rise 15 percent during the 2008 first quarter.
The company reported $130.9 million, or $2.55 per diluted share, for the first quarter 2008 compared to net income of $113.9 million, or $1.83 per ...
DATE: May 09, 2008
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Bermuda Commercial Bank (BCB) reported net income of $4.39 million for the six-month period ended March 31.
It was an increase of $1.6 million compared to the $2.79 million reported last year.
Diluted earnings per share increased to 75 cents per shar...
DATE: May 08, 2008
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NEW YORK (Bloomberg) - Marsh & McLennan Cos., the world's largest insurance brokerage, will seek to sell parts of its Kroll security unit after a $425 million writedown at the subsidiary caused a first-quarter loss.
"There are businesses in Kroll tha...
DATE: May 08, 2008
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