49296 results returned for search: "" category ("Other" AND "Business")
Bermuda-based Montpelier Re Holdings Ltd. last night reported a third-quarter net loss of $78.2 million, as a consequence of the hurricane season.
This compares to profits of $91 million during the same period in 2003.
Broken down per share, Montpeli...
DATE: Oct 28, 2004
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(Bloomberg) ? Fairmont Hotels & Resorts Inc., the manager of hotels including New York?s Plaza, said third-quarter profit rose more than tenfold, helped by higher room rates and the sale of two tropical resorts. Net income rose to $131.8 million, or ...
DATE: Oct 28, 2004
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Bermuda-based insurance giant ACE yesterday said it had seen strong business interest in the third quarter but was maintaining a very selective approach to what business it wrote even as it faced increasing pricing pressure from competition across nu...
DATE: Oct 28, 2004
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A.M. Best Co. has affirmed the A- (Excellent) financial strength ratings of Bermuda-based Aspen Insurance Limited as well as Arch Reinsurance Limited.
A.M. Best released its latest ratings on each company in separate ratings reports. The affirmation ...
DATE: Oct 28, 2004
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Bermuda-based PartnerRe Ltd. has launched an internal review across its organisation and is comfortable that none of the underwriting and pricing practices alleged by New York's Attorney General exist within the company.
President and CEO Patrick Thi...
DATE: Oct 28, 2004
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Bermuda-based insurance giant ACE Limited yesterday said it was taking seriously allegations that the company had taken part in 'bid rigging' practices with leading broker Marsh & McLennan ? but that it was satisfied that the cases of the "illegal" a...
DATE: Oct 28, 2004
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?When is an IT investment too expensive for a company?? an IT specialist asked at TechRepublic?s online forum. One response, evidently written by someone who has done this before, says he generally uses ?payback calculations? to determine how many mo...
DATE: Oct 27, 2004
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Writs:
A writ has been filed in the matter of GTE Reinsurance Company Limited against Attride-Stirling & Woloniecki.
A writ has been filed by Donna Thorn Swan against Island Wide Security Limited and Bateman Burrows.
A writ has been filed by Dilton L...
DATE: Oct 27, 2004
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3Q net loss: $3 million loss (loss of five cents per share) compared to profits of $355 million (earnings of $1.22 per share) during the third quarter a year ago.
3Q operating income: $31 million (seven cents per share) compared with $304 million ($1...
DATE: Oct 27, 2004
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Grabbing a bite in town is now smooth sailing with the opening of the H2O Cafe in the Washington Mall.
The all-day-breakfast and lunch spot has just been opened by husband and wife team Holger Eiselt and Hayley Williams as a revamped eatery on the fo...
DATE: Oct 27, 2004
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