49296 results returned for search: "" category ("Other" AND "Business")
LONDON (Bloomberg) ? Wellington Underwriting Plc, a Lloyd's of London insurer, said first-half pretax profit will be at least ?66 million ($119 million), helped by investment income from a stake in Bermuda's Aspen Insurance Holdings Ltd.
Earnings hav...
DATE: Aug 23, 2005
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LONDON (Bloomberg) ? Goshawk Insurance Holdings Plc, a UK reinsurer, forecast a "marginal" pre-tax loss in the first half because of insurance claims from Hurricane Ivan.
The London-based company's shares fell four percent after Goshawk said losses f...
DATE: Aug 23, 2005
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STOCKHOLM (Bloomberg) ? Skandia AB, the Nordic region?s biggest insurer, posted a second-quarter loss as it made an unexpected writedown of the value of a UK personal investment unit and set aside money to cover the cost of a US regulatory settlement...
DATE: Aug 23, 2005
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The Royal Gazette/Bermuda Stock Exchange Index yesterday closed unchanged at 3,631.50 in light trading.
Belco Holdings Ltd. also closed unchanged at $41 after investors traded 1,000 shares. while telecommunications group KeyTech Ltd. was ucnahnged at...
DATE: Aug 23, 2005
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A growing trend by cash rich hedge funds to invest in reinsurance may be broadening to include joint venture partnerships with established reinsurers.
Hedge funds have been making investments in catastrophe reinsurance, or ?cat?, bonds for several ye...
DATE: Aug 22, 2005
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The high-profile MAR International Conference on Hedge Fund Investments, now in its 12th year, returns to Bermuda in September.
The event annually turns the Fairmont Southampton into matchmaking central for hedge funds and wealthy investors looking f...
DATE: Aug 22, 2005
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Shareholders to be paid
ACE Limited is to pay shareholders who own its common shares a dividend of 23 cents a share on October 14.
Those who own shares by the end of September will qualify for the dividend.
And preferred shareholders owning the comp...
DATE: Aug 22, 2005
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Everest Re Group is paying investors a dividend of 11 cents a share on September 16. Investors must own Everest shares by August 29 to qualify for the dividend.
DATE: Aug 22, 2005
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The Royal Gazette/Bermuda Stock Exchange Index has soared this month, with Exchange chief executive Greg Wojciechowski attributing the gains to heavy trading in Index bellwether Butterfield Bank and the fact that local stocks tend to hold their value...
DATE: Aug 22, 2005
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You've just returned from the greatest vacation in the neatest area, plus your cousin lived nearby. You had such a good time! Gee, things were so cheap compared to the old Rock. While your living down here isn't exactly sumptuous, maybe you could jus...
DATE: Aug 20, 2005
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