India joins global anti-money laundering club.
NEW DELHI: Financial Intelligence Unit-India (FIU-IND) has been admitted as the member of the Egmont Group at its recent plenary session at Hamilton, Bermuda. The Egmont Group is the international organisation for stimulating cooperation among FIUs across the globe and has FIUs of more than 100 countries as its...

Jumeirah Expands Presence in the Americas With New Luxury Resort in Bermuda.
Jumeirah Southlands to Play Key Role in Rapidly Growing International Portfolio NEW YORK, Jan. 30 /PRNewswire/ -- Jumeirah, the fast growing Dubai-based luxury hotel group and member of Dubai Holding, has been appointed to manage the first new luxury resort to be built in Bermuda in 35...

Genpact firms up NYSE listing plan.
MUMBAI: One of India's largest BPOs, Genpact, has registered its initial public offering of 35.3 million shares at an estimated price of 16-18 dollar a share. According to a filing with the US Securities and Exchange Commission (SEC) on Tuesday, the Gurgaon-based third party outsourcing service provider...

Power brokers: energy.
What if brokers and their clients planned for a crisis that never materialized? At the end of 2005, brokers and their clients were bracing themselves for tight, even nonexistent underwriting capacity, major increases in premiums, and harsh new conditions and limits. Then the 2006 windstorm season came in and...

Vice vaccines: scientists give a shot in the arm to the fight against smoking, drug abuse, and obesity.
When Rachel Harrison was 16 years old, she took a drag from her first cigarette. She remembers loving it right away--the taste, the warmth, and especially the lightheaded rush that smoking gave her. Like a bad character in an after-school special, she chain-smoked an entire pack that first time...

XL Capital Reports Record Fourth Quarter 2006 Net Income Of $471.1 Million, or $2.62 Per Ordinary Share.
Full Year 2006 Record Net Income of $1,722.4 million, or $9.60 per ordinary share Fourth Quarter and Full Year 2006 Highlights * "Net income excluding net realized gains and losses"(1) was a record $513.8 million, or $2.86 per ordinary share for the quarter, resulting in a record...

Security Capital Assurance Reports Fourth Quarter and Full Year 2006 Results.
* Fourth quarter new business production, or adjusted gross premiums, of $197.2 million, up 80% from fourth quarter 2005; full-year new business production of $556.1 million, up 41% from 2005 * Fourth quarter core net premiums earned of $42.5 million, up 23% from fourth quarter 2005; full-year...

Directors Roster: a quarterly record of new director appointments.
THE DIRECTORS & BOARDS Directors Roster--a quarterly record of new director appointments--is compiled from public and private sources by the editorial staff of DIRECTORS & BOARDS and is sponsored by Heidrick & Struggles. Please forward your directors' appointments to kmccarthy@directorsandboards.com. Submissions of new directors and appointments are...

Scottish Re Group Limited Announces Operating Results for the Third Quarter Ended September 30, 2006.
HAMILTON, Bermuda, Nov. 9 /PRNewswire-FirstCall/ -- Scottish Re Group Limited today reported that the net loss available to ordinary shareholders for the three months ended September 30, 2006 was $30.5 million, or a loss of $0.54 per diluted ordinary share, as compared to net income available to ordinary shareholders...

Scottish Re Group Limited Declares Dividend on Perpetual Preferred Shares.
HAMILTON, Bermuda, Nov. 30 /PRNewswire-FirstCall/ -- The Board of Directors of Scottish Re Group Limited declared a cash dividend of $0.4531 per Perpetual Preferred Share outstanding to be paid on January 15, 2007 to Perpetual Preferred Share shareholders of record as of the close of business on January 2,...