75770 results returned for search: "" category "Business"
Members of Abir chalked up more than $100 billion in gross premium for the first time in 2018, according to a survey by the re/insurance industry organisation.
The Association of Bermuda Insurers and Reinsurers today released the 2018 global underwri...
DATE: Jul 30, 2019
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Bermudian-based Everest Re Group Ltd has reported second quarter net income of $342.9 million, compared to $69.9 million for the same period last year.
After-tax operating income was $320.9 million, compared to $40.4 million, year-on-year.
The compa...
DATE: Jul 30, 2019
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Darren Donnithorne and Dantae Williams have been appointed directors of Marshall Diel & Myers Limited.
They join existing directors Georgia Marshall, Mark Diel, Ronnie Myers, Katie Tornari and Adam Richards at the Bermudian-based law firm.
Mr Donni...
DATE: Jul 30, 2019
|
CATEGORY:
Local Business
|
AUTHOR:
Business Staff
Markel is to set up a new retrocessional insurance-linked securities platform in Bermuda.
The American insurance company added that island-based unit Markel Catco Investment Management will stop accepting new investments and the funds it oversees wi...
DATE: Jul 29, 2019
|
CATEGORY:
Reinsurance
|
Bermudian-based Arch Capital Group has tapped the capital markets for more than $700 million to bolster the reinsurance of its mortgage insurance business.
The group’s third insurance-linked note transaction of the year was the biggest issuance ever ...
DATE: Jul 29, 2019
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Law firm Appleby has announced the promotion of corporate lawyer Josephine Noddings and dispute resolution lawyer Lalita Vaswani to senior associate.
Ms Noddings and Ms Vaswani each joined the firm in 2017 as associates.
Ms Noddings practices in all ...
DATE: Jul 29, 2019
|
CATEGORY:
Other
|
AUTHOR:
Business Staff
Bermudian-based global reinsurer PartnerRe Ltd has reported net income available to common shareholders of $285 million for the second quarter of 2019.
The figure includes net realised and unrealised investments gains of $164 million on fixed maturit...
DATE: Jul 29, 2019
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff
Bermudian-based financial services company LOM Financial Ltd has reported that profits for the first half of 2019 are up year-on-year, despite a slowdown in the growth of the company.
LOM’s group profit rose 16 per cent year-on-year to $944,235 or 16...
DATE: Jul 29, 2019
|
CATEGORY:
International Business
|
AUTHOR:
Business Staff
With food fresh off the grill, and a terrace overlooking beautiful John Smith’s Bay, Bermuda’s newest beach restaurant looks to have a winning combination.
Add the sunny disposition of owners Alison Marshall and Erroll Burgess, and a variety of chill...
DATE: Jul 29, 2019
|
CATEGORY:
Local Business
|
AUTHOR:
Duncan Hall
Bermudian-based specialty re/insurer Argo Group has announced that its results for the second quarter of 2019 will be adversely affected by several loss items in the London, Europe, and Bermuda operations.
The company is set to release second quarte...
DATE: Jul 29, 2019
|
CATEGORY:
Reinsurance
|
AUTHOR:
Business Staff