75829 results returned for search: "" category "Business"
A Bermuda company has teamed up with Sky News, working in partnership to bring the 24-hour news channel to audiences in Bermuda, the Caribbean and Canada.
Hamilton-registered Riverhead Investments, owned and operated by Ann Petley-Jones, is acting as...
DATE: Oct 27, 2015
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CATEGORY:
Other
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AUTHOR:
Scott Neil
In the second of a three-part series, change-management expert Andre Labonte, who is a guest lecturer at Bermuda College, writes about the importance of keeping employees engaged.
Recently a senior director at a US-based global information technolog...
DATE: Oct 27, 2015
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CATEGORY:
Bermuda Works
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Bermuda-based reinsurer Validus Holdings Ltd has appointed a representative in China.
Ellie Zhou will take the role of underwriting manager for Greater China as the company seeks to grow its business in the region.
Validus currently writes China bus...
DATE: Oct 27, 2015
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CATEGORY:
Other
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An earthquake in Chile and the Tianjin explosion in China resulted in $100 million of insured losses for Everest Re Group in the third quarter.
The company made a profit of $88.6 million, down from the $274.9 million achieved during the same three mo...
DATE: Oct 27, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
PartnerRe Ltd has reported a third quarter net loss of $243.3 million, or $5.08 per share.
Its results were hit hard by the paying of a termination fee and reimbursement of expenses to Axis Capital, in relation to the failed merger deal with the Berm...
DATE: Oct 27, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Profits at insurance and reinsurance firm Argo Group rose by more than $1 million in the third quarter compared to the previous year.
After-tax operating income for the July-through-September period hit $24.6 million compared to $23.5 million in the ...
DATE: Oct 27, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Insurance and reinsurance firm Fidelis has announced three new appointments designed to boost its underwriting capability.
Nick Burkinshaw has joined the firm from Catlin in London and is the new chairman of specialty at the firm.
Ben Savill is Bermu...
DATE: Oct 27, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Transitions. When you are in the process of changing any organisation, your challenges are often multiplied given the number of changes that have to be made and the time it does take to implement those changes.
This takes good planning, lots of pati...
DATE: Oct 27, 2015
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CATEGORY:
Other
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XL Group reported a slump in third-quarter net income as a $96 million hit from the Tianjin explosion and integration costs related to its merger with Catlin took their toll.
Net income in the first complete quarter for the combined XL Catlin busines...
DATE: Oct 27, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The Bank of Butterfield last night reported profits of $25.7 million for the third quarter of this year.
Net income at the bank was up $2.9 million compared to the $22.8 million recorded in the third quarter of 2014.
The news came as Brendan McDonagh...
DATE: Oct 27, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
