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The Royal Gazette/Bermuda Stock Exchange Index fell 22.447 points last week to close at 3,759.23 in a quiet week of trading.
Index bellwether Butterfield Bank declined 50 cents on volume of 12,991 to close at $45.25 and Devonshire Industries fell 25 ...
DATE: Oct 31, 2005
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DATE: Oct 31, 2005
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Insurance investors will be watching XL Capital?s release of its third quarter results carefully tonight after the company said it expected to pay almost $1.5 billion catastrophe losses in the period.
XL, which will report earnings aftter the market ...
DATE: Oct 31, 2005
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The Royal Gazette/Bermuda Stock Exchange Index fell 12.21 points yesterday to close at 3,759.23
On a quiet day the only trading activity was Bank of Butterfield declining 25 cents to close at $45.25 as investors traded in 6,390 shares.
The total valu...
DATE: Oct 29, 2005
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o you gamble? Obviously, life is a gamble, and boyfriends, girlfriends and spouses are a gamble, and not having regular physical check-ups is a gamble, and so on, but I mean: do you gamble?
Do you bet on horses, soccer matches, slot machines, roulett...
DATE: Oct 29, 2005
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Quanta Capital Holdings, a Bermuda insurer, on Wednesday said it expected to sustain losses of $68.5 million from hurricanes Katrina and Rita.
The estimate was a revision of an earlier announcement that put the company?s losses in the region of $50 m...
DATE: Oct 28, 2005
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The United States could become involved in a collective insurance pool for those areas like Bermuda facing risk from hurricane damage, Premier Alex Scott revealed last week.
Government discussed the mechanics of a collective disaster relief fund with...
DATE: Oct 28, 2005
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Endurance Specialty Holdings Ltd. saw a third quarter net loss of $377 million or $6.26 per share primarily due to losses from hurricanes that hit the Gulf Coast in August and September. In the corresponding period of 2004, Endurance?s income was $26...
DATE: Oct 28, 2005
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ST. PAUL, Minnesota (Bloomberg) ? St. Paul Travelers Cos., the biggest commercial insurer in Louisiana and Mississippi, said third- quarter profit fell 52 percent after Hurricanes Katrina and Rita battered the US Gulf Coast.
Net income declined to $1...
DATE: Oct 28, 2005
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W.P. Stewart and Co. Ltd. reported an 11 percent decline in third quarter income of $12.2 million or 27 cents per share compared with $13.7 million in the same period of 2004.
The Bermuda-based asset management company reported income per share of 27...
DATE: Oct 28, 2005
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