49296 results returned for search: "" category ("Other" AND "Business")
Setting up a new reinsurer brings with it plenty of headaches for company founders ? there are the rounds to make with investors to raise initial capital ($1 billion is now the generally accepted minimum amount if you want to be a serious player), an...
DATE: Feb 20, 2006
|
CATEGORY:
Other
|
NEW YORK, Feb 17 (Reuters) - PXRE Group Ltd. (PXT) shares lost 65.9 percent of their value on Friday after surging hurricane losses led to several credit agency downgrades that raised questions about the reinsurer's ability to manage risk.
Hedge fund...
DATE: Feb 18, 2006
|
CATEGORY:
Other
|
Your six-year-old child asks a friend over to play. "Can I interest you boys in 60 teaspoons of sugar?", you pleasantly ask. What an odd thing to state (instead of would you like some soda)? Would many parents actually say that? But the thing is, eac...
DATE: Feb 18, 2006
|
CATEGORY:
Other
|
The Royal Gazette/Bermuda Stock Exchange Index remained unchanged yesterday to close at 4,400.36.
Bermuda Aviation Services was the only issue to change price gaining 25 cents to close at 25 cents as investors traded in 5,800 shares.
Butterfield Bank...
DATE: Feb 18, 2006
|
CATEGORY:
Other
|
Fourth Quarter
4Q net loss of $61 million, or 68 cents a share, compared to $102.4 million, or $1.53 a share during the same period a year ago
4Q loss, excluding changes in investments, of $53.2 million, or 59 cents a share, falling short of average ...
DATE: Feb 17, 2006
|
CATEGORY:
Other
|
Bermuda?s balance of payments for the third quarter of 2005 recorded a projected surplus of $173 million compared to a surplus of $147 million in the corresponding quarter of 2004.
The Bermuda Monetary Authority?s economic figures show that payments ...
DATE: Feb 17, 2006
|
CATEGORY:
Other
|
The retail sector is awaiting today?s Budget with a mixture of apprehension and hope: apprehension over possible increase to the costs of doing business; and hope that Customs duties will be cut.
While individual businesses have reported improved sal...
DATE: Feb 17, 2006
|
CATEGORY:
Other
|
ALEXANDRIA, Virginia (AP) ? Four former top executives of insurance giants General Re and American International Group pleaded not guilty to federal fraud and conspiracy charges yesterday and pledged $1 million in bond each as their trial was set for...
DATE: Feb 17, 2006
|
CATEGORY:
Other
|
ZURICH (Bloomberg) ? Zurich Financial Services AG, Switzerland?s biggest insurer, said profit rose 57 percent in the fourth quarter, helped by lower-than-expected claims from Hurricane Wilma and a rebound in its property and casualty operations.
Net ...
DATE: Feb 17, 2006
|
CATEGORY:
Other
|
Axis Capital Holdings on Wednesday said one of its founding shareholders was selling a two percent percent stake in the company for an estimated $100.2 million.
Trident II, L.P. and related companies will sell the 3.15 million shares in a block trade...
DATE: Feb 17, 2006
|
CATEGORY:
Other
|
