49296 results returned for search: "" category ("Other" AND "Business")
Lloyd’s of London insurers who have either moved their domiciles to Bermuda or have substantial subsidiaries on the Island:
Catlin: Moved its headquarters to Bermuda in 2006 and has asubsidiary on the Island. Its takeover of Wellington Underwriting t...
DATE: Mar 14, 2007
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White Mountains Re is to offer and sell approximately $400 million of its senior notes due 2017 in an offering exempt from the registration requirements of the Securities Act of 1933.
The group intends to use the net proceeds from the offering to pay...
DATE: Mar 14, 2007
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There was a strong volume of share trading on the Royal Gazette/Bermuda Stock Exchange Index with stocks valued at $1.7 million changing hands, but the Index moved upwards only 1.99 points (0.04 percent) to settle at 4,980.06.
The biggest gainer of t...
DATE: Mar 14, 2007
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LONDON (Bloomberg) — Kiln Plc, a Lloyd's of London insurer, said today is plans to set up a new parent company in Bermuda.
Kiln, which said its 2006 profit increased seven-fold on lower storm claims to $43.6 million pounds ($84 million), or 14.96 pen...
DATE: Mar 14, 2007
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HOUSTON (Reuters) — Bermuda-registered oil driller SeaDrill Ltd. is in ongoing deal talks with US drillers GlobalSantaFe Corp., Ensco International Inc. , Noble Corp. and Transocean Inc., Lehman Brothers said yesterday in a weekly note to clients.Sea...
DATE: Mar 14, 2007
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TORONTO (Reuters) - The Toronto Stock Exchange’s main index slid more than 250 points in a broad retreat led by a drop in commodity prices, and amid worries over an economic slowdown fuelled by the high-risk, US subprime mortgage market.The S&P/TSX c...
DATE: Mar 14, 2007
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TORONTO (AP) — Fallen media baron Conrad Black readily admits he helped his ninth-grade classmates cheat, selling purloined exams on a sliding scale, depending on their grades.He netted $1,400 in the caper — not bad for a 14-year-old Canadian kid bac...
DATE: Mar 14, 2007
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Argonaut Group Inc., a specialty underwriter, and PXRE Group Ltd , a Bermuda-based property reinsurer, announced on Wednesday plans to merge, and the combined entity will do business as Argo Group International Holdings Ltd.
The companies said Argo G...
DATE: Mar 14, 2007
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The fourth largest operator in the Lloyd's market is moving its headquarters from London to Bermuda and also intends to set up a $309 million reinsurance subsidiary on the Island.
Bermuda's attractiveness as the preferred domicile for insurers and re...
DATE: Mar 14, 2007
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AUTHOR:
Scott Neil
NEW YORK (Bloomberg) Bermuda-registered Tsakos Energy Navigation Ltd., an oil-tanker owner, said fourth-quarter profit rose 27 percent after selling ships while benefiting from an expansion of its fleet earlier in the year.Net income rose to $77.1 m...
DATE: Mar 14, 2007
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