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The Royal Gazette / Bermuda Stock Exchange lost 53.33 points on the week to close at 5,257.
Shares valued at $2.1 million were traded, with the largest movement for the week Belco Holdings. The company's stock price lost $2.95 (12.63 percent) with 40...
DATE: Aug 27, 2007
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NEW YORK (AP) — Wall Street heads back to work this week in a somewhat calmer state of mind.
Overall, investors are more optimistic now about the financial markets than they've been in several weeks. An interest rate cut from the Federal Reserve is f...
DATE: Aug 27, 2007
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Bermuda Insurance Institute is holding four morning seminars in September for professionals in related industries to gain an overview of the Bermuda insurance market.
Topics will include insurable risks, perils, hazards, subrogation and utmost good f...
DATE: Aug 27, 2007
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AUTHOR:
Scott Neil
TORONTO (Reuters) - The recent plunge in Toronto stocks spurred a scramble by investors to find safe corners of the market, and one island of relative calm that they found came as a surprise given that the selloff was sparked by a credit crunch.
Duri...
DATE: Aug 27, 2007
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SAN FRANCISCO (PRNewswire) - Esurance, the direct-to-consumer personal auto insurance company has announced the launch of its latest environmental initiative in partnership with the SOS campaign, the movement behind the Live Earth concerts.
Esurance,...
DATE: Aug 27, 2007
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CAIRO (Bloomberg) — Mohandes Insurance, which offers insurance and reinsurance products in Egypt, said profit advanced 13 percent in the last fiscal year, without saying why.
Net income for the 12 months ended June 30 increased to 26.6 million Egypti...
DATE: Aug 27, 2007
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WASHINGTON — Despite promising changes, Congress has shown little enthusiasm for taking the unpopular steps that experts say are necessary to fix the nation's main flood insurance program.
Recent flooding in the Midwest has brought the issue back to ...
DATE: Aug 27, 2007
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Private equity firms, until recently the high flyers of finance, have had a tough summer.
Not only are they suddenly struggling to finance leveraged buyouts the market once welcomed, the companies they've taken public have lately been bombing with in...
DATE: Aug 27, 2007
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NEW YORK (Reuters) - Profit at Merrill Lynch & Co. could take a big hit if the US brokerage heavyweight cuts the value on nearly $1 billion in subprime lender assets it bought just eight months ago.
Analysts said they would expect Merrill Lynch to wr...
DATE: Aug 27, 2007
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White Mountains Insurance Group has elected Yves Brouillette as a company director.
Mr. Brouillette is a retired insurance executive. He spent most of his career as chief executive officer of insurance for ING in Canada and Latin America. He is curr...
DATE: Aug 27, 2007
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