49296 results returned for search: "" category ("Other" AND "Business")
NEW YORK ? Bermuda-based Insurance provider Endurance Specialty Holdings Ltd. said a subsidiary has acquired $235 million in collateralised catastrophic reinsurance.
Endurance Specialty Insurance Ltd. bought the reinsurance from Cayman Islands-based ...
DATE: Aug 07, 2006
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(Bloomberg) ? Scottish Re Group Ltd., whose shares fell 75 percent after it released a forecast and announced its chief executive officer resigned, said its second-quarter operating loss was $130.3 million.
On July 31, Scottish said it expected to re...
DATE: Aug 07, 2006
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(Bloomberg) ? White Mountains Insurance Group Ltd. said it will raise as much as $500 million by selling shares of unit OneBeacon Insurance Group in an initial public offering.
White Mountains will list the shares as ?OB? on the New York Stock Exchan...
DATE: Aug 07, 2006
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Earnings Calls:
PXRE Group Limited.
August 7. PXRE Group Limited will release its 2006 second quarter financial results after the market closes.
PXRE will host a live webcast of the conference call on August 8, available online at www.pxre.com. Int...
DATE: Aug 07, 2006
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(The Wall Street Journal)
With Tropical Storm Chris moving its way through the Atlantic, it could be time for investors to think again about hurricane-proofing their portfolios.
The stock market was surprisingly resilient last year after Hurricane Ka...
DATE: Aug 07, 2006
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XL Capital Ltd.'s spin-off of its financial guaranty insurance and reinsurance business saw its shares open at $20.90 on Wednesday, above their $20.50 IPO price, to become the richest US insurance IPO since 2004.
The Bermuda-based financial guaranty ...
DATE: Aug 07, 2006
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TRENTON, New Jersey ? High-tech manufacturing and services conglomerate Tyco International Ltd. said on Thursday its third-quarter profit dropped 27 percent as rising materials costs and two charges outweighed higher revenue.
Tyco, best known for its...
DATE: Aug 07, 2006
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Experts said there are a variety of strategies consumers might consider if they are worried that their investments may be affected by violence and instability in the Middle East, or anywhere else for that matter.
Richard Bernstein, the chief investme...
DATE: Aug 05, 2006
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The Royal Gazette/Bermuda Stock Exchange Index remained unchanged on Wednesday to close at 4,913.88.
The only activity on the Exchange saw Butterfield Bank trade in 625 shares to close unchanged at $59.50.
The total value of the shares bought and sol...
DATE: Aug 05, 2006
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In a recent poll conducted by AARP (American Association of Retire Persons) indicates that many American workers may not have adjusted to the new economic reality:
That responsibility for funding retirement is shifting from business and government on...
DATE: Aug 05, 2006
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