2353 results returned for search: "" category "Other" author Jonathan Kent
PartnerRe Ltd. yesterday announced changes in its operating structure following its expansion through the acquisition of Paris Re.
And the Bermuda-based reinsurer also announced that Paris Re chief executive officer Hans-Peter Gerhardt — along with f...
DATE: Feb 12, 2010
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AUTHOR:
Jonathan Kent
Bermuda reinsurer PartnerRe last night announced a 2009 profit of $1.5 billion in what chief executive officer Patrick Thiele called an "exceptional" year.
The full-year profit broke down to $23.51 per share and compared with net income of $46.6 mill...
DATE: Feb 11, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based insurer XL Capital Ltd. has moved past recovery mode and now it's striving to be the best in its field.
That is the clarion call from the company's chief executive officer Mike McGavick, who told The Royal Gazette yesterday that XL had ...
DATE: Feb 11, 2010
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AUTHOR:
Jonathan Kent
The boss of the largest Bermuda-based insurance company remains hopeful that US lawmakers will not back President Barack Obama's proposed changes to the tax code that would raise the amount of US tax paid by some of the Island's insurers.
Mike McGavi...
DATE: Feb 11, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based business insurer XL Capital Ltd. posted a net loss of $40.3 million in the fourth quarter of 2009 as investment losses outweighed an underwriting profit.
The results released last night mean that XL achieved net income of $206.6 million...
DATE: Feb 10, 2010
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AUTHOR:
Jonathan Kent
Aspen Insurance Holdings Ltd. achieved a more than fivefold increase in profit for the fourth quarter, as claims fell and investment income climbed.
The Bermuda-based re/insurer said net income for the quarter after tax was $126.3 million, compared t...
DATE: Feb 10, 2010
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AUTHOR:
Jonathan Kent
How to make a decent return on fixed-income investments is likely to be a challenge for Bermuda's re/insurers in 2010.
That is the view of Christopher Wyke, of asset management firm Schroders, who believes that emerging markets debt (EMD) could be pa...
DATE: Feb 10, 2010
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AUTHOR:
Jonathan Kent
Only five students have applied for the 12 places on offer in an internship programme that offers an insight into the international insurance industry in Bermuda, London or Chicago.
For the second successive year the Bermuda Foundation for Insurance ...
DATE: Feb 08, 2010
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AUTHOR:
Jonathan Kent
Fairmont Bermuda is "cautiously optimistic" for 2010 as corporate group bookings are showing signs of improvement.
Shelley Meszoly, regional director of sales and marketing for Fairmont Bermuda, said groups and individuals were leaving it much later ...
DATE: Feb 08, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based Orbis Investment Management Ltd. is celebrating the 20th anniversary of the launch of its first mutual funds.
The company began operations in Bermuda and London in late 1989 with assets under management of $67 million. That figure has b...
DATE: Feb 04, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent