75889 results returned for search: "" category "Business"
XL Group and Catlin Group have completed their merger — and today the integration of the two insurers begins in earnest.
The Royal Gazette understands that 30 underwriting, actuarial and claims staff will this morning relocate from the Catlin office ...
DATE: May 04, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Butterfield Bank shares dipped 3.6 per cent in the week the bank announced it would buy four fifths of the stake formerly held by the Canadian International Bank of Commerce (CIBC).
Butterfield closed the week on a 52-week low of $1.90, after falling...
DATE: May 04, 2015
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CATEGORY:
Bermuda Stock Exchange
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A leading player in the insurance-linked securities (ILS) market will receive the Bermuda Insurance Institute’s Industry Leader of the year Award later this month.
Kathleen Faries, the chief executive officer of Tokio Solution Management Ltd (Tokio S...
DATE: May 04, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda Institute celebrated a one-two finish as the KPMG Senior School Investment Challenge marked its tenth year.
The top team ‘Tradewins’ achieved a near 22 per cent return on their $100,000 virtual portfolio over the six-month investment period t...
DATE: May 04, 2015
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Endurance Specialty Holdings improved its first quarter profits by $4 million, to hit $108.4 million compared to the same period a year ago.
The net income available to common shareholders was $100.3 million, or $2.23 per common share.
The company’s ...
DATE: May 04, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Shares of Butterfield Bank advanced by five cents, 2.6 per cent, to close at $1.95 after 4,500 were traded on The Royal Gazette/BSX Index.
No other stocks traded on the Index, which closed at 1,343.21, up 22.40 points (1.70 per cent).
The BSX Insuran...
DATE: May 04, 2015
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CATEGORY:
Bermuda Stock Exchange
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The general manager of Air Care Limited, Robert Platt, is to retire at the end of this month after 19 years with the company.
He will be succeeded as general manager by Brendan Stones.
“We thank Robert for his dedicated service and wish him well as h...
DATE: May 04, 2015
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CATEGORY:
Local Business
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Profits are up at Argo Group International Holdings, rising $18.6 million year-on-year in the first quarter to $58.8 million. That represents $1.36 per diluted share.
“Argo Group’s first quarter results represent an encouraging start to 2015,” said c...
DATE: May 04, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Troncossi Public Relations is to reveal some tips and strategies that businesses can use to reach customers through public relations promotion and social media.
The Hamilton-based company has organised a three-part lunchtime series, to begin this Fri...
DATE: May 04, 2015
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CATEGORY:
Local Business
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Insurance and reinsurance companies in Bermuda recorded gross written premiums of $163 billion in 2013, an increase of 35.3 per cent year-on-year.
That performance underlines the strength of the Island in the marketplace, according to the Bermuda Mon...
DATE: May 04, 2015
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CATEGORY:
Reinsurance
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