49296 results returned for search: "" category ("Other" AND "Business")
The Royal Gazette/Bermuda Stock Exchange Index jumped 40.01 points yesterday to close at 4,891.29.
On a light day of trading, Belco led the advances as it rebounded $1.70 to close at $24.95 as investors traded 118 shares.
Argus gained 25 cents to clo...
DATE: Nov 01, 2006
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LONDON (Bloomberg) — The Bermuda subsidiary of insurance broker Jardine Lloyd Thompson Plc will become part of wholesale broker Lloyd & Partners under a reorganisation of the company aimed at fuelling international growth.Jardine Lloyd, the UK's seco...
DATE: Nov 01, 2006
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Bermuda reinsurance stocks fell yesterday after third-quarter results from Axis Capital were lower than expected.
RenaissanceRe Holdings, which beat expectations, also saw its share price fall.
Axis reported net income of $235.4 million and operating...
DATE: Nov 01, 2006
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Microsoft has released a nice upgrade to its Internet Explorer, incorporating many of the useful features in competing browsers such as Opera.
This includes a new tabbed interface, which allows surfers to keep open multiple web pages within the same ...
DATE: Nov 01, 2006
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Seven years after he founded Max Re, Robert Cooney resigned yesterday, the latest victim of a finite reinsurance scandal that has already claimed the scalp of RenaissanceRe chief executive James Stanard.
Until yesterday, Mr. Cooney was probably best ...
DATE: Oct 31, 2006
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LONDON (Bloomberg) — Catlin Group Ltd. agreed to buy Wellington Underwriting Plc for $591 million ($1.22 billion) to create the biggest insurer on the Lloyd's of London market.Catlin, a property insurer that wrote coverage for New York's World Trade ...
DATE: Oct 31, 2006
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NEW YORK (Bloomberg) — Ingersoll-Rand Co., the maker of Bobcat machinery and Thermo-King refrigerated trucks, said profit fell in the third quarter on tax-related costs.Profit from continuing operations dropped to $254 million, or 79 cents a share, f...
DATE: Oct 31, 2006
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Max Re Capital Ltd. founder and chief executive officer Robert J. Cooney has resigned from the company after it announced it will revise its numbers from two quarters this year because of accounting errors.
Max Re has already restated five years of e...
DATE: Oct 31, 2006
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WASHINGTON (Bloomberg) —- Stolt-Nielsen SA, a tanker operator fighting US price-fixing charges, lost a bid at the nation’s highest court to stop the criminal case from going forward.The Supreme Court made no comment yesterday in rejecting an appeal f...
DATE: Oct 31, 2006
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CHICAGO (Reuters) — Monster Worldwide Inc., parent company of the leading jobs website, said its founder, Andrew McKelvey, had resigned from its board of directors after refusing to be interviewed for the company’s internal stock option investigation...
DATE: Oct 31, 2006
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