49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based GeoVera Insurance Holdings Ltd. yesterday revealed that it would offer 5.9 million common shares to the public, with a estimated price range of $16 to $18 each, in its upcoming initial public offering (IPO).
The company is offering 2.1 ...
DATE: May 28, 2007
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NEW YORK (Bloomberg) — The dollar fell versus the euro and the Canadian currency after a report showed purchases of existing homes in the US declined during April to the lowest level in almost four years.The US dollar weakened compared with 13 of the...
DATE: May 28, 2007
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WILMINGTON, Delaware (Bloomberg) — A former Royal Bank of Canada banker will plead guilty to fraud and tax charges and cooperate in an FBI probe of a mortgage scam involving some of Southern California's most exclusive neighbourhoods.Richard A. Maize...
DATE: May 28, 2007
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TORONTO(Reuters) - Canadian industry is taking a bruising from the country's strong dollar, but it is short-term pain for long-term gain as weaker players are sifted from the corporate mix.This past week the Canadian currency, colloquially referred t...
DATE: May 28, 2007
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XL Capital's operating subsidiaries have had their A+ (superior) financial strength ratings affirmed by AM Best.
Additionally, Best has affirmed the ICR of "a-" and the existing debt ratings of "a-" on senior debt, "bbb+" on subordinated debt and "bb...
DATE: May 28, 2007
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LONDON (Bloomberg) — Catlin Group Limited, the largest insurer on the Lloyd's of London market, said first-quarter revenue more than doubled, helped by its acquisition of Wellington Underwriting Plc last year.Insurance revenue rose to $1.2 billion fr...
DATE: May 28, 2007
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CANNES (Bloomberg) — Cannes, the world's most prestigious film festival, is drawing investment by hedge funds and private-equity companies in motion-picture financing, production and distribution.Film production companies said the money is transformi...
DATE: May 28, 2007
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HONG KONG (Bloomberg) — China will let Carlyle Group, a Washington DC-based buyout firm, buy a 19.9 percent stake in China Pacific Insurance (Group) Co., paving way for the insurer's first share sale.Carlyle and Newark, New Jersey-based Prudential Fi...
DATE: May 28, 2007
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WASHINGTON (Dow Jones/AP) — The Securities and Exchange Commission prevailed in the first case to go to trial involving the fraudulent use of a product called finite insurance, announcing on Friday that a federal jury found a former Brightpoint Inc. ...
DATE: May 28, 2007
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Next Saturday, 157 Bermuda-based candidates will take a gruelling examination that will help them on the long road to becoming a Chartered Financial Analyst (CFA).
They will be among nearly 100,000 candidates world-wide taking level one, two or three...
DATE: May 28, 2007
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AUTHOR:
Jonathan Kent
