49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Reuters) — Hannover Re, the world’s fourth largest reinsurer, has pulled out of bidding for the ailing Bermuda life reinsurer Scottish Re, a source familiar with the situation said yesterday.Hannover Re was one of six firms that were in the s...
DATE: Oct 27, 2006
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Montpelier Re shares fell almost seven percent yesterday after the Bermuda reinsurer reported premiums slumped as it cut exposure to hurricane risks, MarketWatch reported.
Montpelier reported late on Wednesday that earnings topped analyst estimates a...
DATE: Oct 27, 2006
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LONDON (Reuters) ? Hannover Re, the world?s fourth largest reinsurer, has pulled out of bidding for the ailing Bermuda life reinsurer Scottish Re, a source familiar with the situation said yesterday.
Hannover Re was one of six firms that were in the ...
DATE: Oct 27, 2006
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WRITS
Lynn Morris against Nathan Wayne Morris.
The Minister of Finance ($419,524.62) against Christopher Wallington (trading as C&N Construction), Nicholas Wallington (trading as C&N Construction) and C&N Construction Ltd.
Melanie Messina Foggo again...
DATE: Oct 27, 2006
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HARTFORD (Bloomberg) — Chubb Corp., an insurer of commercial property and high-end homes, said third-quarter profit more than doubled as calmer weather lowered claims.Net income increased to $604 million, or $1.43 a share, from $246 million, or 60 ce...
DATE: Oct 27, 2006
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The Royal Gazette/Bermuda Stock Exchange Index remain unchanged yesterday to close at 4,897.26.
On a quiet day of trading, Butterfield Bank was the only issue to see any activity on the Exchange, trading in 50 shares to close unchanged at $56.50.
The...
DATE: Oct 27, 2006
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NEW YORK Bermuda-based asset manager WP Stewart & Co. said third-quarter profit shrank 71 percent as trading activity slowed dramatically, and the company earned less from management fees.
The company posted third-quarter net income of $3.5 million,...
DATE: Oct 27, 2006
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LONDON (Bloomberg) — Aviva Plc, the UK’s biggest insurer, said life and pension sales slowed in some overseas markets, damping strength in the UK and keeping gains slightly below analysts’ estimates.New business increased to $19.1 billion ($36 billio...
DATE: Oct 27, 2006
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Arch Capital Group Limited yesterday posted net income of $185 million or $2.44 a share for the third quarter of 2006 up from a net loss of $86.3 million or $1.15 a share a year earlier.
The Bermuda-based insurer and reinsurer reported after-tax oper...
DATE: Oct 27, 2006
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PartnerRe?s strong earnings performance contributed to Moody?s Investors Service affirming the Baa1 preferred stock rating of PartnerRe Ltd. and the Aa3 insurance financial strength ratings of its principal reinsurance subsidiaries.
Moody?s has also ...
DATE: Oct 27, 2006
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