2353 results returned for search: "" category "Other" author Jonathan Kent
Assured Guaranty's first-quarter profit surged 277 percent, driven by last year's acquisition of Financial Security Assurance Holdings Ltd.
The Bermuda-based bond insurer said last night that net income for the first three months of this year was $3...
DATE: May 11, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda reinsurer PartnerRe yesterday announced net income of nearly $80 million in a first quarter that produced more than $330 million in catastrophe losses.
February's earthquake in Chile and European windstorm Xynthia were the two most expensive ...
DATE: May 07, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Banking at HSBC Bermuda is about to get a whole new 21st-century look.
The Harbourview Centre, on the site of the former Trimingham's department store, will open to customers next Monday and give them a facility that looks nothing like any bank ever ...
DATE: May 07, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda reinsurer Validus Holdings Ltd. last night posted a net loss of $118.4 million driven by catastrophe losses of more than $300 million.
Validus said the net impact of three major events was $306.9 million. It attributed a net loss of $293.1 mi...
DATE: May 07, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Amlin is redomiciling its Bermuda unit to Switzerland as part of a move to create a new European reinsurance operation.
The insurer, whose headquarters is in London, said yesterday that the Island operation, which employs 32 people, would be operatio...
DATE: May 06, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based re/insurer Lancashire Holdings Ltd. said yesterday its net loss from the sunken oil rig in the Gulf of Mexico is likely to be around $25 million.
The comment came as the company announced its first-quarter profit fell almost 80 percent,...
DATE: May 06, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Burrows Lightbourn today launches its new WineOnline.bm website to offer a complete online sales and delivery service.
The drinks supplier's managing director, Richard Hartley, said it would enable customers to browse for wines, beers and spirits onl...
DATE: May 05, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
DATE: May 05, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based Argo Group International Holdings Ltd.'s first-quarter net income fell 23 percent after the re/insurer suffered catastrophe losses of $29.1 million.
Of those estimated losses, which the company said amounted to about 1.8 percent of 2009...
DATE: May 05, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
PartnerRe's chief executive officer Patrick Thiele — one of Bermuda's most successful reinsurance bosses — is to retire at the end of this year, the company announced yesterday.
His successor in the top job will come from inside the company, Mr. Thie...
DATE: May 05, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
