49296 results returned for search: "" category ("Other" AND "Business")
According to preliminary data, third-quarter GDP growth in the US was quite robust. It beat consensus estimates. The impact from the hurricanes was fairly minor, which means that there may be less reason to have a rebound in fourth-quarter growth.
Co...
DATE: Nov 04, 2005
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WRITS
A writ has been filed in the matter of SCS (Bermuda) Limited in provisional liquidation in the matter of of the Companies Act 1981, section 99.
A writ has been filed by Pacific Crossing Limited in provisional liquidation in the matter of the Co...
DATE: Nov 04, 2005
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Rosemont Re?s UK parent company Goshawk Insurance Holdings Plc fell 42 percent in trading yesterday after the company said returns to shareholders may be delayed because Bermuda?s regulator intends to restrict Rosemont?s licence.
Shares of the reinsu...
DATE: Nov 04, 2005
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Allied World Assurance Holdings Ltd. posted a $203.5 million loss for the third quarter 2005 compared with a loss of $64.7 million in the same period a year ago. The Bermuda-based property and casualty insurer estimates third quarter losses of $290 m...
DATE: Nov 04, 2005
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Montpelier Re Holdings Ltd. shares plummeted 20 percent in afternoon trading yesterday after the Bermuda-based reinsurer reported a steep drop in third-quarter profit due to losses from hurricanes that hit the Gulf Coast.
Shares of the company closed...
DATE: Nov 04, 2005
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The two-day Industry Consultation Roundtable held last weekend among telecommunications operators will lead to greater clarity on licensing regulations, one of the participants said this week
Igility Limited director Jamie Thain said the Ministry of ...
DATE: Nov 04, 2005
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The Island?s insurance market is poised to see a surge of incorporation activity as investors from both sides of the Atlantic line up to take advantage of an expected increase in reinsurance pricing.
So far, US and UK insurance veterans and investors...
DATE: Nov 04, 2005
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A.M. Best has assigned a financial strength rating of A- and issuer credit ratings of a- to the new GeoVera Insurance Group and its four operating entities.
Best assigned a stable outlook for Bermuda-based GeoVera Re Ltd., which was licensed by the B...
DATE: Nov 03, 2005
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Stephen Green, group chief executive of Britain?s HSBC Plc, says his bank will continue to bring more services to individual and corporate clients on the Island.
Mr. Green, who is based in London, spoke about HSBC?s plans to expand its offerings in t...
DATE: Nov 03, 2005
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Axis Capital Holdings shares climbed almost six percent yesterday after the Bermuda-based company assured analysts that if further capital raising became necessary this year, it would be ?efficient? for current shareholders.
Axis raised $250 million ...
DATE: Nov 03, 2005
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