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The Royal Gazette/Bermuda Stock Exchange dropped 10.79 points yesterday as shares worth $96.018 changed hands in light pre-Christmas trading.
Belco Holdings Ltd. shares fell $2 to close at $23, while Argus Group Holdings Ltd. was the only other mover...
DATE: Dec 22, 2006
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DATE: Dec 22, 2006
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?The current premium growth pattern is eerily reminiscent of the soft market of the late 1990s,? Bob Hartwig, chief economist for the Insurance Information Institute, wrote in a report released yesterday. ?Those years presaged some of the worst years...
DATE: Dec 22, 2006
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The new Bermuda reinsurer Empyrean Re, capitalised this month with $150 million of equity capital, has been assigned a financial strength rating of A- (Excellent) and an issuer credit rating of ?a-? by ratings agency A.M. Best. The outlook for both r...
DATE: Dec 22, 2006
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The amount of Bermuda dollar notes and coin in circulation over the coming holiday period will be $118.6 million — up 4.5 percent on last year.
The Bermuda Monetary Authority announced yesterday that this compared with a reported total of $113.6 mill...
DATE: Dec 22, 2006
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MACAU (Reuters) — For most Macanese, tiny Banco Delta Asia is just another retail bank with marble-clad teller lobbies and colourful brochures in this south China gambling mecca.But at six-country talks in Beijing this week, the bank has been vilifie...
DATE: Dec 22, 2006
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NEW YORK (Reuters) — Insurance company Chubb Corp. said yesterday it will pay $17 million to settle allegations from attorneys general in three states that it paid secret commissions to win business.Connecticut Attorney General Richard Blumenthal sai...
DATE: Dec 22, 2006
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NEW YORK (Bloomberg) — Falling insurance prices may slow growth in US property and casualty premiums to 1.5 percent next year, a sign that competition for customers could threaten future profits, an industry group said.“The current premium growth pat...
DATE: Dec 22, 2006
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ATLANTA (AP) — Delta Air Lines Inc.’s projection that it will be worth as much as $12 billion when it emerges from bankruptcy protection is “unrealistic,” US Airways chief executive Doug Parker said yesterday as his company pushes ahead with its host...
DATE: Dec 22, 2006
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The Royal Gazette/Bermuda Stock Exchange dropped 10.79 points yesterday as shares worth $96.018 changed hands in light pre-Christmas trading.
Belco Holdings Ltd. shares fell $2 to close at $23, while Argus Group Holdings Ltd. was the only other mover...
DATE: Dec 22, 2006
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CATEGORY:
Other
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