2488 results returned for search: "" category "Other" author Scott Neil
Subprime exposure has taken a $95.3 million bite out of Scottish Re's third quarter income, sending the insurer, which has offices on Par-La-Ville Road, spiralling to a hefty $107.1 million third quarter net loss.
Earlier this year the company was sa...
DATE: Nov 08, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
There appears to be little for insurers and reinsurers to worry about in the wake of the largest earthquake to strike the San Francisco Bay area for almost 20 years.
The moderate earthquake struck a rural area about nine miles northeast of San Jose, ...
DATE: Nov 02, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Wondering where next to put their billions of dollars of investment asset, hedge fund managers and other delegates in Bermuda had their heads turned towards India earlier this week.
They were told about its mostly "young and vibrant" 1.2 billion peop...
DATE: Nov 02, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Having nudged up its third quarter profit by just over $3 million to $131.4 million, Endurance Specialty Holdings is anticipating good things for the remainder of 2007 and 2008 in light of its impending acquisition of US crop insurance business ARMte...
DATE: Nov 02, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Selling the company's private plane for $18 million helped W. P. Stewart & Co's bottom line during the third quarter but could not disguise a disappointing three months for the company as it continues its major "turnaround programme."
The Bermuda-hea...
DATE: Nov 02, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Codrington Partners Limited, a leading international provider of software for electronic payment systems, has, through an announcement to the Bermuda Stock Exchange, announced the appointment of Darren Rennick as president.
Mr. Rennick began his empl...
DATE: Nov 01, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Validus-owned Talbot Underwriting has opened operations in Singapore, representing the first presence in the Asia region for $1 billion Bermuda-based Validus.
Talbot Asia is being headed by Jeremy Austen as its chief executive officer designate.
It w...
DATE: Nov 01, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Bermuda's $1 billion-capitalised Ironshore Insurance has been given approval to provide property and catastrophe insurance on an excess and surplus basis for risks located in the state of Louisiana.
Ironshore will provide commercial property and cond...
DATE: Nov 01, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Money isn't everything, as Bermuda continues to prove with its ability to attract hedge fund business despite being up against the likes of Cayman Islands and the British Virgin Islands.
But with a marketing budget of just $2.1 million the efforts of...
DATE: Nov 01, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
World famous economist and former Fed Reserve chairman Dr. Alan Greenspan appeared to be carrying his very own Bermuda Triangle when came to the Island on Monday.
For he was made invisible - at least to the media - when he visited Bermuda.
An odd med...
DATE: Oct 31, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
