49296 results returned for search: "" category ("Other" AND "Business")
Ace Ltd. is seeing about a 4 percent drop in reinsurance pricing overall, with new business pricing 8 to 10 percent lower than renewal pricing, the company's chief executive officer Evan Greenberg said yesterday.
But even so, "overall, opportunities ...
DATE: Apr 26, 2007
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NEW YORK (AP) — Wall Street was mixed, recovering from an early loss as investors shrugged off disappointing housing and consumer confidence data to focus on stronger-than-expected quarterly earnings. The Dow Jones industrials set a new trading high,...
DATE: Apr 25, 2007
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Butterfield Bank has made record first quarter group profits of $35.7 million, although its stand-alone Bermuda operations saw a 3.4 percent fall in profits to $16.6m.
Diluted earnings per share are up seven cents year-on-year to $1.22 as a result of...
DATE: Apr 25, 2007
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AUTHOR:
Scott Neil
Bermuda-based energy mutual Oil Insurance Ltd. has been dealt a blow by Standard & Poor's, who put the company's A- financial strength rating under review with negative implications.
OIL announced last week that week that 12 shareholder members are ...
DATE: Apr 25, 2007
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Bermuda-based Orbis Mutual Funds will cease to use HSBC Bank of Bermuda as one of its administrative banks and is switching most of its funds to Citigroup by the end of this year.
The Fund made the announcement on its web-site yesterday, explaining t...
DATE: Apr 25, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
An improvement in the value of Argus shares helped lift the Royal Gazette / Bermuda Stock Exchange 17.32 points (0.34 percent) to a close of 5164.7.
Insurance and pension company Argus was the only stock to show movement.
Shares in the group improved...
DATE: Apr 25, 2007
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Bermuda-based IPC Holdings Ltd. last night reported net income of $77.2 million for the first quarter and said it would repurchase up to $200 million of shares over the next 12 months.
IPC's net income was up by $14.6 million on the same period last ...
DATE: Apr 25, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
TO get an idea of how wildly popular community sites such as YouTube have become, take note of Ryan Fitzgerald, an unemployed 20-year-old who has more than his 15 minutes of fame.Fitzgerald, who obviously had nothing to do with his time, decided to l...
DATE: Apr 25, 2007
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NEW YORK (AP) — Wall Street was mixed, recovering from an early loss as investors shrugged off disappointing housing and consumer confidence data to focus on stronger-than-expected quarterly earnings. The Dow Jones industrials set a new trading high,...
DATE: Apr 25, 2007
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CATEGORY:
Other
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Bermuda biggest company Ace Ltd. last night reported a 43-percent surge in first-quarter earnings to $701 million.
The insurer and reinsurer enjoyed improvements across the board as net investment income, combined ratio and underwriting income result...
DATE: Apr 25, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
