49296 results returned for search: "" category ("Other" AND "Business")
XL Capital Ltd. became the latest Bermuda insurance industry player to announce record fourth-quarter profits last night.
The business insurer earned $481.1 million in the last three months of 2006, compared to a big loss in the same period a year ea...
DATE: Feb 07, 2007
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The tables have been turned on a money manager and financial writer who claimed to have the off-shore answer to protecting wealth that would make ?lawsuit predators weep?.
Because despite advising investors how to shield money offshore from lawsuits ...
DATE: Feb 07, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
TORONTO (Bloomberg) — Canadian stocks retreated from a record as commodity producers such as Petro-Canada and Teck Cominco Ltd. tumbled with oil and metals prices.Disappointing earnings reports from BCE Inc., Canada's largest telephone company, and C...
DATE: Feb 07, 2007
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Bermuda reinsurer RenaissanceRe Holdings Ltd. will pay a $15 million fine to settle an investigation into ?sham? accounting, the US Securities and Exchange Commission (SEC) said yesterday.
The SEC accused the company of using accounting trickery thro...
DATE: Feb 07, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
NEW YORK (Bloomberg) — Bermuda-based Primus Guaranty Ltd., the only publicly traded company that makes most of its money from credit-default swaps, said fourth-quarter earnings rose eight-fold as it sold its first collateralised loan obligation and e...
DATE: Feb 07, 2007
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NEW YORK (AP) ? Shares of Bermuda-based Security Capital Assurance Ltd. reached a new high yesterday after the bond insurer reported increases in fourth-quarter earnings and revenue.
Profit of $35.8 million, or 56 cents per share, compared with $27 m...
DATE: Feb 07, 2007
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CHICAGO (Bloomberg) ? Nabors Industries Ltd., an oil driller whose shares surged last week on buyout speculation, said fourth-quarter profit rose 31 percent to $276 million as rig demand surged.
Net income increased to 97 cents from $210.6 million, o...
DATE: Feb 07, 2007
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Bermuda reinsurer PartnerRe Ltd. last night announced a record fourth-quarter profit of $242.7 million to cap what the company’s president Patrick Thiele described as “an exceptional year” in 2006.
The final three months of last year produced net inc...
DATE: Feb 06, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Finance Minister Paula Cox has asked for the Supreme Court to wind up the controversial IPOC International Growth Fund and eight related companies.
In a written statement yesterday confirming the move, Ms Cox said that it was sometimes necessary to t...
DATE: Feb 06, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The tables have been turned on a money manager and financial writer who claimed to have the off-shore answer to protecting wealth that would make “lawsuit predators weep”.
Because despite advising investors how to shield money offshore from lawsuits ...
DATE: Feb 06, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
