49296 results returned for search: "" category ("Other" AND "Business")
MIAMI (AP) — Isaac Daniel calls the tiny Global Positioning System chip he’s embedded into a line of sneakers “peace of mind.”He wishes his eight-year-old son had been wearing them when he got a call from his school in 2002 saying the boy was missing...
DATE: Feb 13, 2007
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NEW YORK (AP) — Wall Street extended its losses as investors awaited a stream of key economic data this week and were left disappointed by the collapse of several closely watched acquisition deals.The markets, which pulled back last week amid concern...
DATE: Feb 13, 2007
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Arch Capital Ltd.’s net income for the fourth quarter of 2006 was more than double that of the previous year, the Bermuda company announced yesterday.
Net income in the last three months of 2006 was $239.3 million, or $3.12 per share, compared to $10...
DATE: Feb 13, 2007
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AUTHOR:
Jonathan Kent
It was a quiet start to the week for the Royal Gazette / Bermuda Stock Exchange with less than 1,000 shares being traded, resulting in a 10.71 (0.21 percent) point drop in the Exchange.
KeyTech Limited lost 45 cents a share to finish at $15.55, a 0.2...
DATE: Feb 13, 2007
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Bermuda's appeal as a jurisdiction continues to gather strength.
That was the message from recent business gatherings in Paris and Geneva, according to Bermuda International Business Association (BIBA) chief executive officer Cheryl Packwood.
BIBA ho...
DATE: Feb 13, 2007
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Bermuda newcomer Ironshore Insurance Ltd. has received its all-important financial strength rating from A.M. Best ? a little over a month after opening its doors for business.
The company was set up by Ace and XL co-founder Robert Clements with $1 bi...
DATE: Feb 13, 2007
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AUTHOR:
Jonathan Kent
Independent investment advisor BIAS Asset Management Limited is now a two-island operation after opening an office in the Cayman Islands.
Its initial plan to set up a base further south was hampered by the devastation wreaked on the Cayman Islands by...
DATE: Feb 13, 2007
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AUTHOR:
Scott Neil
Ratings agency Fitch has affirmed the financial strength ratings of Bermuda reinsurer Max Re Ltd. at A and has removed a rating watch negative. Fitch said Max Re?s franchise, reputation, competitive and financial position was not adversely impacted a...
DATE: Feb 13, 2007
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DATE: Feb 13, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Record full-year operating income of $442.8 million has been reported by Allied World Assurance Company Holdings Ltd. (AWAC), which has also posted 2006 fourth quarter operating income of $133.6 million.
A relatively benign year for hurricanes and ot...
DATE: Feb 13, 2007
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CATEGORY:
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AUTHOR:
Scott Neil
