49296 results returned for search: "" category ("Other" AND "Business")
Alea Group Holdings (Bermuda) saw first-half pre-tax loss narrowed and is to focus on reducing expenses and insurance contract liabilities.
The insurer posted a pre-tax loss of $10.3 million compared with $14.4m a year ago.
Alea Group reported a wid...
DATE: Sep 07, 2007
|
CATEGORY:
Other
|
Cable & Wireless International has selected Azea Networks to provide its NX10 terminal equipment and management system solution for a new $22m "next generation" fibre optic cable link between Bermuda and the US.
Additionally, Azea will provide techni...
DATE: Sep 06, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
Leading specialist underwriter Canopius Group has announced the launch a new operation in Bermuda.
The Hamilton-based operation will comprise Canopius Underwriting Bermuda, which will write business on behalf of Lloyd's of London Syndicate 4444, and ...
DATE: Sep 06, 2007
|
CATEGORY:
Other
|
KeyTech Ltd. were the only company to register any movement on the Royal Gazette/Bermuda Stock Exchange Index (BSX) yesterday.
Their share price closed down $2.50 (17.2 percent) at $12, with 1,100 shares being traded.
Meanwhile Butterfield Bank saw a...
DATE: Sep 06, 2007
|
CATEGORY:
Other
|
The Fairmont Hamilton Princess hotel has been sold to an American private real estate investment company.
Bermuda's oldest, and one of its biggest hotels, has been acquired by Seattle-based Goodman Hospitality Investments, which has already invested ...
DATE: Sep 06, 2007
|
CATEGORY:
Other
|
NEW YORK (AP) - Stocks finished sharply lower Wednesday as a jittery Wall Street sold off on a report showing a large drop in pending home sales and read anecdotal data from the Federal Reserve's regional banks as offering little more assurance that ...
DATE: Sep 06, 2007
|
CATEGORY:
Other
|
An extreme risk modeller has estimated that if a category five hurricane was to track through the middle of the Gulf of Mexico it would cause damage and losses of more than $65 billion to US offshore energy platforms.
Insurance industry losses would ...
DATE: Sep 06, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
CLSA Financial Products has announced a certificate issuance increase for one of a number of certificates issued under its $7.5 billion Asian Securities Programme on the Bermuda Stock Exchange.
The certificates in respect of shares in the Indian-list...
DATE: Sep 06, 2007
|
CATEGORY:
Other
|
Sao Paulo (Bloomberg) — The Brazilian government delayed Laep Investments Ltd.'s initial stock offering for 15 days, saying the private equity fund's controlling shareholder broke rules prohibiting comments before the sale of securities.
The Rio de J...
DATE: Sep 06, 2007
|
CATEGORY:
Other
|
After moving to Bermuda at the beginning of the summer, Lloyd's insurer Kiln remains upbeat about its $8 million relocation to the Island despite suffering a 14 percent drop in its first half-year pre-tax profit, which was $41.8m.
The company intends...
DATE: Sep 06, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
