49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) - The Toronto Stock Exchange's main index finished lower yesterday as worries about fall-out from the US sub-prime crisis continued to shake up investors and falling oil prices dragged on energy shares.
The market pared losses late ...
DATE: Nov 06, 2007
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NEW YORK (Bloomberg) — Ram Holdings Ltd., the bond insurer that first sold shares to the public last year, reported a $14.7 million third-quarter net loss after a decline in the value of collateralised debt obligations it guaranteed.
The loss amounte...
DATE: Nov 06, 2007
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One of the world's leading experts on the oil markets may be able to shed some light for a Bermuda audience this week on why the price of crude is approaching $100 a barrel.
Matthew Simmons, an advisor to the George W. Bush administration and chairma...
DATE: Nov 06, 2007
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The Bank of Bermuda is warning its customers to be on their guard against fraudulent e-mails after their personal financial information.
In a statement, the bank said it was aware some of its customers had received the e-mails asking them to log on t...
DATE: Nov 06, 2007
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NEW YORK (AP) - Wall Street pulled back in erratic trading yesterday as investors grew more concerned about a deteriorating housing market and the widening impact of soured debt after Citigroup Inc. warned it plans to book $8 billion to $11bn in addi...
DATE: Nov 06, 2007
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The future looks bright for Bermudian students aiming to get into the global financial services and insurance industry in Halifax, Nova Scotia if the Faculty of Management at Dalhousie University's latest careers event is anything to go by.
For the f...
DATE: Nov 06, 2007
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MUNICH (Bloomberg) — Munich Re, the world's second-biggest reinsurer, reported a 69 percent increase in third-quarter profit, buoyed by a tax gain, and said it may surpass an earnings forecast for this year.
Net income rose to 1.2 billion euros ($1.7...
DATE: Nov 06, 2007
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Max Capital Group Ltd. more than doubled its profits for the third quarter 2007 compared to last year due to solid unwriting and sound investments in the face of the growing credit crisis and sub-prime mortgage exposures.
The Hamilton-based specialty...
DATE: Nov 06, 2007
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OneBeacon Insurance Group Ltd. boosted its profits by almost $10 million for this year's third quarter compared to 2006, mainly down to good returns on its investments and minimal catastrophe losses.
The firm, which is based in Hamilton and was found...
DATE: Nov 06, 2007
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Bermuda-based Old Mutual (Bermuda) Ltd. ("OMB") has formed a joint venture with Abu Dhabi's First Gulf Bank (FGB) to offer investment plans designed to meet the financial needs of First Wealth clients, FGB's dedicated wealth management Services, who ...
DATE: Nov 06, 2007
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