2488 results returned for search: "" category "Other" author Scott Neil
Montpelier Re has completed its entrance into the Lloyd's of London market and is set to increase its US presence with an estimated $4.75 million deal to acquire the General Agents Insurance Company of America.
The company has announced its wholly-ow...
DATE: Aug 14, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Validus Holdings' profits jumped to $70.8 million for the second quarter compared to $29.7m a year ago.
That equates to $1.17 per diluted common share, up from $0.51 in 2006.
Ed Noonan, chairman and chief executive officer of Validus, said: "We are p...
DATE: Aug 10, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
A strategy of seeking to find better risk returns through a more global book of business rather than one heavily focused on the US remains in place at Flagstone Re despite the company suffering a 44 percent dip in second quarter profits as a result o...
DATE: Aug 10, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
A blunt warning that Bermudian jobs could be lost as an unforeseen consequence of Government's six-year work term policy has been met with silence from Immigration Minister Derrick Burgess.
As reported in yesterday's Royal Gazette, high profile busin...
DATE: Aug 10, 2007
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CATEGORY:
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AUTHOR:
Scott Neil
Scottish Re Group postponed release of its second quarter results and conference call, both of which were scheduled for yesterday, because it has not quite finished analysing the effect of US tax and other implications resulting from its change in co...
DATE: Aug 10, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Encouraging customers to help the environment by paying their monthly phone bills online rather than receiving mailed out bills has led TeleBermuda International to donate $1,000 to the Bermuda Audubon Society.
At the same time TBI has introduced a s...
DATE: Aug 09, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Bermudians could face job losses as a result of a previously unheralded and unintentional side effect of Bermuda's six-year work permit policy.
Business leader David Ezekiel, chairman of the Association of Bermuda International Companies, has seen ev...
DATE: Aug 09, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
As Mark Watson III, one of the youngst international business CEOs in Bermuda, settled into his new office overlooking the blue waters of Hamilton harbour a workman on the ground floor scraped away the PXRE logo from the main entrance on Pitts Bay Ro...
DATE: Aug 08, 2007
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Other
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AUTHOR:
Scott Neil
Car sales have fallen by a double-digit percentage for a third month this year, with the unavailability of the popular Honda CR-V sports utility vehicle pinpointed as a primary cause for the poorer sales.
Bermuda car-buyers' love affair with the Hond...
DATE: Aug 07, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
In what should be the last set of quarterly results before the finalisation of its merger with US-based Argonaut Group, PXRE has reported a net loss of $11.6 million for the second quarter of the year.
The loss was expected as the Pitts Bay Road-base...
DATE: Aug 07, 2007
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CATEGORY:
Other
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AUTHOR:
Scott Neil
