49296 results returned for search: "" category ("Other" AND "Business")
Everest Re Group, Ltd. beat analyst expectations and posted its best earnings quarter ever, helped by investment income and a lack of catastrophes.
Operating income, which excludes net realised investment gains and losses, rose to $218 million in the...
DATE: Jul 25, 2006
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PartnerRe Ltd. posted income of $77.5 million in the second quarter of 2006, a 52 percent decline from $159.9 million in the same period 2005.
The 2006 quarterly result included net after-tax realised losses on investments of $47 million or 81 cents ...
DATE: Jul 25, 2006
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A.M. Best Co. affirmed the ?A-? financial strength rating and issuer credit ratings of Max Re Ltd. as a reflection of the Bermuda-based company?s diversified mix of traditional property/casualty products, along with its life and annuity business, sol...
DATE: Jul 25, 2006
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Hedge fund firm Magnetar Capital, which formed a Bermuda reinsurer earlier this year, said yesterday it has hired quantitative investment specialist Andrew Sterge to build a reinsurance business for the $3 billion firm.
Sterge worked at CooperNeff Gr...
DATE: Jul 25, 2006
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The Cable & Wireless plc bid to buy KeyTech Holdings for $205 million received barely a mention on Friday when shareholders met in London for the telecom giant?s annual general meeting.
Overshadowing the Bermuda bid ? which the board of KeyTech has r...
DATE: Jul 24, 2006
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The Youth Entrepreneurship Initiative of Bermuda presented the 2006 BizTech BizCamp graduation of 38 business minded young students.
After spending a gruelling 45-hour week at Bermuda College, composing business plans for businesses they might like t...
DATE: Jul 24, 2006
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New CFO to get $500,000 salary
WASHINGTON (Dow Jones) ? RenaissanceRe Holdings Ltd. (RNR) said on Friday that newly appointed Chief Financial Officer Fred R. Donner will receive an initial base salary of $500,000 a year under his employment agreement...
DATE: Jul 24, 2006
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Earnings Calls:
Partner Re
July 25. PartnerRe senior management will conduct a dial-in conference call, which will include a question and answer period at 11 a.m.
The conference call can be accessed by dialing (719) 457-2728. For more information go...
DATE: Jul 24, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained 96.603 points last week to close at 4,545.63.
During an a busy week of trading KeyTech led the advances, gaining $2.50 to close at $15.50 on volume of 12,500 shares.
Belco rose $1.25 to close at $...
DATE: Jul 24, 2006
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The Royal Gazette/Bermuda Stock Exchange Index closed at an all-time high for the second consecutive day as Butterfield Bank matched its own record.
The Index gained 23.68 points to close at 4,545.63 in moderate trading.
Butterfield rose 50 cents to ...
DATE: Jul 22, 2006
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