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Bermuda Business Calendar

Class Registration at the Bermuda Insurance Institute continues Registration for classes starts today:

BERMUDA INSURANCE DIPLOMA (BID) COURSES

PROPERTY AND LIABILITY INSURANCE PRINCIPLES - INS 21 This course covers the basic principles of insurance and gives an overview of the nature and operation of the insurance business and an introduction to insurance contracts. Choice of 2 class times: INS21/1: Thursday12.30 - 2.00 p.m. Course starts February 16. INS2:Thursday5.15 - 6.45 p.m. Course starts February 23.

PERSONAL INSURANCE - INS 22

This course gives an overview of personal insurance, including property, liability and personal risk management. Topics include: auto; home; and life and health insurance. An introduction to financial planning is also included. Tuesday 12.30 - 2 p.m. Course starts February 14.

COMMERCIAL INSURANCE - INS 23

This course explores commercial coverage including property, business income, inland and ocean marine, crime, boiler and machinery, general liability, auto, workers compensation, farm and business owners, as well as miscellaneous liability coverages, surety, and excess and surplus lines. Wednesday 12.30 - 2 p.m. Course starts February 8.

THE BERMUDA INSURANCE MARKET

The course covers the development of the Bermuda Insurance Market; Bermuda's Legal System and Legislation; Captives; Reinsurance and Alternate Risk/Finance Transfer. PREREQUISITE: INS21 (This prerequisite may be waived for graduate students or those with professional designations.) Monday 12:30 - 2:00 p.m. Course starts February 13, 2006. Fee includes Text Book and Exam fee. BIM Exam to be held June 16, from 9 - 12 noon.

IIA COURSES

WORKERS COMPENSATION AND MANAGING BODILY INJURY CLAIMS AIC 34 This course covers the workers' compensation system, compensability, statutory benefits, bodily injury claim management, injury and treatment evaluation, impairment and disability, rehabilitation, low back injury claims, medical investigation and assessing treatments and disability. Tuesday 12.30 - 2.00 p.m. Course starts February 14.

REINSURANCE PRINCIPLES AND PRACTICES ARE 144 The course covers introduction to reinsurance, types of reinsurance and reinsurance program design, the reinsurance placement process, common reinsurance treaty clauses, quota share treaties, surplus share treaties, property per risk excess of loss treaties, casualty excess of loss treaties, catastrophe reinsurance, aggregate excess of loss treaties, reinsurance audits, reinsurance regulation, reinsurance aspects of the NAIC Annual Statement and reserves. Tuesday 5.30-7 p.m. Course starts February 7.

RISK FINANCING ARM 56 The course covers insurance as a risk financing technique; reinsurance and self insurance, retrospective rating plans and captive insurance companies, finite and integrated risk insurance plans, capital market products, forecasting accidental losses, accounting and income tax aspects, claim administration and allocating risk management costs. Tuesday 5.30 - 7 p.m. Course starts February 7.

CPCU COURSES

FOUNDATIONS OF RISK MANAGEMENT, INSURANCE AND PROFESSIONALISM - CPCU 510 The course covers the foundations of Risk Management and Insurance. Topics include: code of ethics, risk and related concepts, evaluating and managing risk, risk management, how insurance works as a business, risk financing alternatives, fundamental insurance assumptions, insurance contracts, insurable interests, reading a policy, common policy provisions, insured events, amounts payable, and external factors affecting insurance contracts. Wednesday 12.30 - 2.00 p.m. Course starts February 1, 2006

COMMERCIAL PROPERTY MANAGEMENT & INSURANCE - CPCU 551 This course surveys commercial property loss exposures and the insurance coverage and non-insurance techniques used to manage them. Topics include: property loss exposures, building and personal property coverage, causes of loss forms, flood, earthquake and specialty forms, business income, inland marine and ocean cargo, crime, equipment breakdown, business owners and farm owners and surety bonds. Monday 12.30- 2 p.m. Course starts February 6.

FINANCIAL SERVICES INSTITUTIONS - CPCU 560 Topics include: Financial Markets, Federal Reserve, Money Markets, Bond Markets, Stock Markets, Derivative Securities, Banks, Finance Companies, Insurance Companies, Securities Firms & Investment Banks, Mutual Funds, Pension Funds and Risks Incurred by Financial Institutions. Thursday 12.30 - 2.00pm course starts February 2.

FINANCE FOR THE INSURANCE PROFESSIONAL This 2 day course, which is being run in association with the Chartered Insurance Institute and Delta Omega Consultancy, has two overriding aims: to improve understanding of the financial dynamics of insurance and to enable learners to 'read' the accounts of any company using fourteen key financial ratios. Two distinct modules cover these aims, and both are prefaced by an 'Introduction to Accounts' module which ensures that learning is built on solid foundations. Throughout there is an emphasis on the practical application of new-found knowledge, and exercises and group-work are used extensively to reinforce learning. Monday February 6 and February 7 (2 full days) and February 9 and February 10.

This information on the BII website at www.bii.bm or call 295-1596. Some classes are very popular so be sure to register early to get into your preferred class. Also please note that these classes are preparing you for the exam window scheduled for May 25 - June 15, so when ordering books, make sure the correct ones are obtained for that particular examination window. Fees: IIA and BID Courses $375.00, CPCU Courses $425.00, Bermuda Insurance Market Course $500.

Everest Re Q4 Earnings Conference Call 8.30 Eastern Time. January 31. Log on to www.everestregroup.com

ACE Earnings Release after market close January 31 Conference call:9.30 a.m. Bermuda time on February 1. A copy of these documents will be available promptly following such issuance in the Investor Information section of www.acelimited.com. The earnings conference call will be available via live and archived webcast at www.acelimited.com or by dialing 888-889-5602 (within the United States) or 973-582-2734 (international).

The Four Disciplines of Execution

February 1. A one-day seminar at the Bermuda Employers Council enabling managers to lead teams to successful execute on top priorities, goals that must be accomplished with total excellence. $375 for BEC members and $425 for non BEC members. Contact Annwen Sterling at 295-5070 or e-mail at spenceabec.bm.

Tyco International Limited First Quarter Results February 2. Tyco will report first quarter results before trading begins on Thursday and the company will hold a conference call for investors at 8.30 a.m. Eastern Standard Time. The call can be accessed in two ways: At Tyco's website: investors.tyco.com. A replay of the call will be available through Feb. 17, 2006 at the same website.

By telephone: For both "listen-only" participants and those participants who wish to take part in the question-and-answer portion of the call, the telephone dial-in number in the United States is (800) 230-1085. The telephone dial-in number for participants outside the US is (612) 288-0318.

Building The Total Team

February 2. This workshop will help you build upon the strengths of individuals, develop a high performance total team and recognise the five phases of team development. The cost is $225. www.BermudaLearning Solutions.com or phone 747-8833.

Transforming Team Conflict

February 2 (afternoon session). This workshop will help you practice communication skills to help team members resolve and manage conflicts, identify ways to promote constructive conflict resolution and use a model to coach teams and individuals through constructive resolution of conflict. The cost is $225. People who attend both the morning and afternoon session will receive a $25 discount. www.BermudaLearning Solutions.com or phone 747-8833.

Business English For Beginners

February 2 & 3. At the Bermuda Employers Council. Effective writing is essential to succeed in business. All too frequently employees experience difficulty in writing because they do not know or have forgotten the basic rules of English grammar and mechanics. This course is designed for business communicators who have gaps in their knowledge of those rules. Facilitator: Liz Jones, $400 for BEC members and $455. Contact Annwen Sterling at 295-5070 or email spenceabec.bm.

Corporate Philanthropy

February 6. At the Bermuda Employers Council. Strategic philanthropy focuses on enabling Your Company to improve the decision-making process with regard to philanthropic and charitable giving. The facilitator is Michelle St. Jane. $330 for BEC members and $385 for non BEC members. Contact Annwen Sterling at 295-5070 or email at spenceabec.bm.

Earnings

Partner Re 2005 fourth quarter results and full year results after markets close. February 6. Partner Re Conference Call, February 7. 10 a.m. Eastern Time. The conference call can be accessed by dialing (800) 289-0493 or from outside the United States, by dialing (913) 981-5510. The media are invited to listen to the call live over the Internet on the Investor Information section of PartnerRe's Web site, www.partnerre.com. To listen to the webcast log onto the broadcast at least five minutes prior to the start.

Renaissance Re Q4 results following the close of the market on February 7. Renaissance Re Conference Call 9 a.m. Eastern Time. February 8. Live webcast: through the investor section of RenaissanceRe's website at www.renre.com. An archive of the call will be available from approximately 1 p.m. ET on February 8, through midnight ET on April 22. Contact Todd Fonner of RenaissanceRe for any questions at 441-295-4513 or David Lilly of Kekst and Company at 212-521-4800.

Axis Capital Holdings Limited Earnings after the market close on February 7. Conference Call at 9 a.m., February 8. John Charman, CEO and President, and Andrew Cook, CFO, will host an investment community teleconference, including a question and answer period, at 8. a.m. (Eastern). The teleconference can be accessed by dialing (866) 770-7146 (U.S. callers) or (617) 213-8068 (international callers) and entering the pass code 96863804 approximately ten minutes in advance of the call. A live, listen-only webcast of the call will be available via the Investor Information section of the Company's website at www.axiscapital.com.

Appraising Performance February 7. This course will help you link performance evaluations to stated expectations, use descriptive language to coach for improvement and conduct effective performance appraisal discussions. The cost is $225. Contact www.BermudaLearningSolutions.com or phone 747-8833.

Earnings

XL Capital will release Q4 results after the market close on February 7. Conference call, 10 a.m. Eastern Time. February 8. The conference call can be accessed through a listen only dial in number or through a live webcast. To listen to the conference call please dial 201-689- 8320, password XL208. The webcast will be available at www.xlcapital.com and will be archived on XL's website from approximately 1 p.m. Eastern Time on February 8, 2006 through midnight Eastern Time. on March 8.

Primus Guaranty Q4 Results between 7 a.m. and 9 a.m. Eastern Time. February 8. Conference call for investors at 11 a.m. Eastern Standard Time to discuss its Q4 and full year 2005 earnings, which are scheduled for release between 7 a.m. and 9 a.m. Eastern Standard Time. A copy of the earnings press release and financial supplement will be available in the Investor section of the company's website, located at www.primusguaranty.com. The conference call will be available via live or archived webcast at www.primusguaranty.com or by dialing 800-435-1398 (domestic) and 617-614-4078 (international), Passcode 29436214.

Endurance Specialty Holdings Limited Q4 financial results after the market close. February 8. Conference Call, February 9. Kenneth LeStrange, chairman, president and CEO and members of senior management will host a conference call at 8.30 a.m. Eastern Time to discuss the financial results. The conference call can be accessed by dialing (800) 289-0508 (toll-free) or (913) 981-5550 (international). Register at least ten minutes in advance to ensure access to the call. The public may access a live broadcast of the conference call at the "Investors" section of Endurance's website, www.endurance.bm.

Customer Service Conference

February 9. What are your service challenges? This one-day seminar is designed to provide practical information on service solutions available in Bermuda or through local service partners. As a special feature, organisations can be mystery shopped and tested with results through a private coaching session during the conference. $200, or $150 before December 31. Contact 747-8833.

Setting And Achieving Goals

February 10. Learn how to set measureable, results based goals and how to apply a negotiating model to set goals with others. The cost is $22. Contact www.BermudaLearningSolutions.com or phone 747-8833.

Earnings

Max Re 4Q earnings before the market opens, earnings call follows at 11 a.m. February 13. CEO Robert Cooney and Keith S. Hynes, Chief Financial Officer, will host a conference call at 10 a.m. (Eastern Time) to discuss the Company's fourth quarter financial results with interested investors and shareholders. In the US dial 866-831-6267, International: 617-213-8857 and the access code is 82367464. Dial in 10 minutes prior to the start of the call. Log on to www.newscom/cgi bin/prnh/20010918/MXRELOGO. Replay available from 12. p.m. February 13 to March 13, 2006. Dial in US: 888-286-8010, International: 617-801-6888. Access Code: 18832647.

Arch Capital Group will release Q4 results at the close of the market. February 13. Conference call 10 a.m. Eastern Time February 14. A live webcast of this call will be available via the media earnings section of the company's website at www.archcapgroup.bm and will be archived on the website from 12 p.m. Eastern Time on February 14 through Eastern Time on March 14. A telephone replay of the conference call will also be available beginning on February 14 at 12 p.m. Eastern Time until February 21 at midnight Eastern Time. To access the replay domestic callers should dial 888-286-8010 (passcode 81334566) and international callers should dial 617-801-6888 (pass code 81634566)

Scottish Re Group will release Q4 after results 4 p.m. Eastern Time, February 16. Conference Call at 11 a.m. Eastern Time. February 17. Log on to www.scottishre.com/conference call.Call (877) 502-2902 or (706) 679-5950, conference ID: 4083288. A replay of the call will be available beginning at 1. p.m. on Friday, February 17, 2006 and running through Friday, March 3. The dial-in number for the replay is (800) 642-1687 or (706) 645-9291 and the conference ID is 4083288. An on-demand replay of the call will be available on the web at www.scottishre.com.

Montpelier Re to release Q4 Earnings Results after the market closes, February 16. Conference call at 10 a.m. Eastern Time, February 17. The presentation will be available via a live audio webcast accessible on the Earnings Call page of the Investor Information section of the Company's website at www.montpelierre.bm. A telephone replay of the conference call will be available through February 26 by dialing 888-286-8010 (toll-free) or 617-801-6888 (international) and entering the pass code: 56182101.

Aspen Insurance to release Q4 results following the close of the market, February 16. Conference call at 8.30 a.m. (Eastern Time). February 17. Aspen CEO Chris O'Kane and Julian Cusack, CFO, will review Aspen's fourth quarter and year-end 2005 financial results. Following their review, questions will be taken from registered analysts and investors. The conference call is expected to last approximately one hour. Investors may participate in the live conference call by dialing 800-473-6123 (toll-free domestic US) or 973-582-2706 (international), conference ID: 6903649. Register at least 10 minutes before the conference call begins. A replay of the call will be available for 10 days via telephone starting approximately two hours following the live call on February 17 and can be accessed at 877-519-4471 (toll-free domestic U.S.) or 973-341-3080 (international), digital pin: 6903649. A replay will also be available for 10 days via Aspen's website at www.aspen.bm.

IPC Holdings Q4 Earnings Conference Call 8.30 (Eastern Time). February 22. Live on the Internet at phx.corporate-ir.net/playerlink.zhtml?c=64704&s=wm&e=1200962 or contact Rob New on 1-441-298-5100 or robin.newmanipcre.com.

The call be archived at www.ipcre.bm. To access the replay click on Investor Relations section.

PXRE Group Q4 results after the market closes. February 22. Conference Call discuss results at 8.30 a.m. Eastern Time. February 23. PXRE will host a live webcast of the conference call, available online at www.pxre.com. Participants inside the US and Canada can also access the call by dialing (800) 289-0726. International participants should dial (913) 981-5545. The webcast will remain available online through March 23, 2006 at www.pxre.com.

Platinum Underwriters Q4 results before market opens, call to follow. February 27. Platinum will host a teleconference to discuss the financial results on at 9:00 a.m. Eastern time. The call may be accessed by dialing 800-289-0493 (US callers) or 913-981- 5510 (international callers), or in a listen-only mode via the Investor Relations section of Platinum's website at www.platinumre.com. Register at least ten minutes in advance to ensure access to the call.

Quanta 4Q earnings after market closes, followed by conference call 10 a.m. March 1, 12. a.m. to Thursday, March 2, 12 a.m. Log on to www.quantaholdings.com.

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If you would like to have an event listed in the business calendar, please call Robin Holder on 278-0148 or rholderroyalgazette.bm