49296 results returned for search: "" category ("Other" AND "Business")
TORONTO (Reuters) - Canadian investors will likely continue to push the country's main equity index lower in the coming months as credit-crunch fears persist and talk of a US recession begins to gain momentum.
What began in August as a liquidity chok...
DATE: Sep 10, 2007
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The Royal Gazette / Bermuda Stock Exchange suffered a hefty fall last week, ending a fraction over 124 points lower at 5,144.01 after a week that saw $3.7 million-worth of shares traded.
The fall represents a 2.41 percent decline in the BSX.
KeyTech ...
DATE: Sep 10, 2007
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MONTE CARLO (Bloomberg) — Reinsurance rates at companies such as Swiss Reinsurance and Munich Re are likely to drop unless a catastrophe causing more than $25 billion of losses occurs, said Aon Corporation, the world's second-largest insurance broker...
DATE: Sep 10, 2007
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One of the US-based holding companies Bermuda property and casualty insurer and reinsurer Endurance Specialty Holdings has has entered into an agreement to acquire the stock of ARMtech Insurance Services and its affiliates.
ARMtech is the fifth large...
DATE: Sep 10, 2007
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AUTHOR:
Scott Neil
All old people sing the same song, and have been singing it since old people were invented. The chorus runs: "The old-fashioned ways are best."
Nowhere is that more true than in finance. I say that not because I am an old person (although I am), but ...
DATE: Sep 08, 2007
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Belco shares dropped in value by $1 (4.7 percent) after 1,054 were exchanged, closing at $20.50 on a day when the Royal Gazette / Bermuda Stock Exchange slipped back 26.38 points (0.51 percent) to close the week on 5,144.01.
The only other activity o...
DATE: Sep 08, 2007
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Investors have been told for years that they should put a portion of their money into foreign stocks as a way of balancing the US market. The theory behind that advice was: When US stocks zig, those foreign stocks zag.
But in recent weeks sell-offs h...
DATE: Sep 08, 2007
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It was reported last Thursday that Fitch's Rating Service had given our economy an AA+ rating, quite possibly the highest ever received for an offshore jurisdiction and certainly for Bermuda itself.
Can it be a certainty that more insurers, captives,...
DATE: Sep 08, 2007
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Warwick is the latest parish to receive Bermuda CableVision's Broadband Link after it was rolled out in seven other parishes across the Island.
St. George's, St. David's, Hamilton Parish, Smith's, Devonshire, Pembroke and Paget are already wired up f...
DATE: Sep 08, 2007
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Banks' deficits of Bermuda dollars are at their highest for two years according to the latest figures released by the Bermuda Monetary Authority.
The total amount of $3.9 billion they are loaning out is $494 million, more than the $3.4bn they hold in...
DATE: Sep 07, 2007
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