1682 results returned for search: "" category "Business" author Jonathan Kent
Aspen Insurance Holdings Ltd’s first-quarter profit rose by nearly a third compared to the same period last year to $120.4 million, as the company trounced Wall Street’s expectations.
The Bermuda-based insurer and reinsurer, which is the subject of a...
DATE: Apr 24, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The easing of currency restrictions by Chinese authorities is opening up opportunities for investors that could dramatically increase within the next few years.
That was the clear message for clients and staff of HSBC Bermuda, who were told in a brie...
DATE: Apr 24, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Even when he was between jobs 15 months ago, John Charman had a merger between Bermuda re/insurance rivals Endurance Specialty Holdings Ltd and Aspen Insurance Holdings Ltd in his sights.
In an interview with The Royal Gazette, Mr Charman said the tw...
DATE: Apr 23, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Aspen Insurance Holdings Ltd says it has found “overwhelming consensus” among shareholders for rejecting Endurance Specialty Holdings’ $3.2 billion bid for the company.
However, that is disputed by Endurance which argued yesterday that shareholders o...
DATE: Apr 22, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Aspen Insurance Holdings Ltd has adopted a so-called poison pill to discourage attempts from fellow Bermuda re/insurer Endurance to stage a hostile takeover of the company.
The plan, which will be in place for one year, will give shareholders rights ...
DATE: Apr 21, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Aspen Insurance Holdings Ltd says it has found “overwhelming consensus” among shareholders for rejecting Endurance Specialty Holdings’ $3.2 billion bid for the company.
However, that is disputed by Endurance which is arguing today that shareholders o...
DATE: Apr 21, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Member companies of the Association of Bermuda Insurers and Reinsurers (ABIR) saw their profits increase in a year of low catastrophe activity.
Releasing 2013 underwriting results on Thursday, ABIR said profits totalled $11.7 billion in 2013 for the ...
DATE: Apr 17, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Shares of Bermuda reinsurer Platinum Underwriters Holdings Ltd climbed nearly four percent in New York trading on Thursday after the company reported first-quarter net income of $63.7 million.
Platinum shares were up $2.35, or 3.9 percent, to close a...
DATE: Apr 17, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Aspen Insurance Holdings Ltd has adopted a so-called poison pill to discourage attempts from fellow Bermuda re/insurer Endurance to stage a hostile takeover of the company.
The plan, which will be in place for one year, will give shareholders rights ...
DATE: Apr 17, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Global reinsurance capital grew by seven percent last year to reach $540 billion by the end of 2013, according to global reinsurance broker Aon Benfield.
The figure, quoted in the Aon Benfield Aggregate (ABA) report, includes both traditional and alt...
DATE: Apr 16, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
