49296 results returned for search: "" category ("Other" AND "Business")
Net income fell to ?74.5 million ($91.5 million), from ?78.5 million in the year-earlier period, the London-based company said this week in a Regulatory News Service statement. Brit said foreign exchange swings cut profit by ?2.4 million, after boost...
DATE: Sep 10, 2006
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How has the Bermuda insurance market changed in the five years since the events of September 11, 2001? The short answer is: almost completely.
By most yardsticks, the Bermuda market is an entirely different animal from the industry sector that woke u...
DATE: Sep 10, 2006
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Good news and bad this week. First, a giant thank you to Kimmy at Bermuda CableVision. He came to my house this week, found that someone had borrowed (or stolen) my cable connection, and then fixed it. Having griped about this last week, a big vote o...
DATE: Sep 10, 2006
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NEW YORK (Reuters) ? Refco Inc. has asked a federal judge to approve a settlement under which it would pay more than $642 million to secured lenders, in what it called a ?key? step to concluding its nearly year-long bankruptcy.
In a filing with the U...
DATE: Sep 10, 2006
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Bermuda Employers Council. BEC Members $740 / Non Members $815. Reid House, 31 Church Street. Register for classes at emp.orgbec.bm or call 295-5070
For new supervisors, team leaders and individuals on a management career path. Belco Training Centre,...
DATE: Sep 10, 2006
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CHICAGO (Dow Jones/AP) ? Aon Corp. became the last of the three biggest insurance brokers to receive approval from the New York Attorney General and insurance regulators to accept so-called contingent commissions in some circumstances.
Like Marsh & M...
DATE: Sep 10, 2006
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(Bloomberg) ? Catlin Group Ltd., a Bermuda-based insurer and reinsurer, said first-half profit increased 32 percent as premium prices climbed after last year?s record US hurricanes. The stock jumped as much as 7.5 percent.
Net income rose to $147.3 m...
DATE: Sep 10, 2006
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LONDON (Bloomberg) ? Swiss Reinsurance Co. and Munich Re, the world?s largest reinsurers, may face a decline in premium rates amid the mildest US hurricane season in four years.
After the worst Atlantic storm season on record in 2005 led to more than...
DATE: Sep 10, 2006
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A bid by a Bermuda-registered company to take over the Turks and Caicos Islands' two electricity companies could be blocked by the British Overseas Territory's Premier.
Premier Michael Misick said on Tuesday he would try to block Fortis Energy Ltd. o...
DATE: Sep 10, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 13.23 points yesterday to close at 4,864.45.
On a day of light trading, Butterfield Bank was the only issue to change price as it fell 25 cents to close at $58.25 as investors traded in 3,313 shares...
DATE: Sep 09, 2006
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