75895 results returned for search: "" category "Business"
Business confidence is the key ingredient required for Bermuda to return to good economic health.
That is the view of Don Mills, chairman of Corporate Research Associates, Inc, who will tomorrow present the results of a survey on how confident Bermud...
DATE: Feb 04, 2015
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Bermuda re/insurer Validus Holdings Ltd plans to buy back shares worth more than one fifth of the company’s current market value.
In a boost for shareholders of the Class of 2005 start-up, the company announced that its board of directors had authori...
DATE: Feb 04, 2015
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CATEGORY:
Reinsurance
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A state-backed Florida property insurance firm is set to place a new $500 million catastrophe bond in Bermuda.
Citizens Property Insurance Corporation’s chief financial officer last week sent a team, headed by chief financial officer Jennifer Montero...
DATE: Feb 04, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The mega-merger between Axis and PartnerRe is set to go ahead without an outside bidder disrupting the deal, an industry chief said yesterday.
Validus CEO Ed Noonan — who successfully launched a hostile takeover of IPC Holdings after it had agreed a ...
DATE: Feb 04, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
RenaissanceRe Holdings Ltd’s net income dipped 36 per cent in the fourth quarter as the company grappled with pressure on pricing from abundant capital in the industry — but operating earnings surpassed analysts’ expectations.
The company posted net ...
DATE: Feb 04, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Shares of Argus Group Holdings Ltd fell 2.7 per cent in an unusually heavy trading for the insurer on the Bermuda Stock Exchange today.
Argus dipped ten cents to close on $3.55, as 117,900 shares were exchanged.
Butterfield Bank gained a cent, or 0.5...
DATE: Feb 04, 2015
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CATEGORY:
Bermuda Stock Exchange
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In today’s difficult job market, I often get questions from readers about whether they should use outside agencies such as an employment agency, temporary agency or executive search firm when looking for a job. They wonder if these agencies can help ...
DATE: Feb 03, 2015
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CATEGORY:
Bermuda Works
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Global business insurer XL Group beat analysts’ estimates as it generated operating income of $293.9 million in the fourth quarter of the year.
The Ireland-based company with substantial operations in Bermuda, which last month announced that it had a...
DATE: Feb 03, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
WASHINGTON (Bloomberg) — President Barack Obama’s latest budget plan narrows the gap between the two parties on US business taxes, offering the glimmer of a potential agreement.
His proposal would require US companies to pay taxes on foreign income, ...
DATE: Feb 03, 2015
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CATEGORY:
International Business
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A string of companies with Bermuda bases, together with the Association of Bermuda Insurers and Reinsurers (ABIR), have attacked president Barack Obama’s budget proposal to deny tax deductions for reinsurance premiums paid to foreign affiliates.
Now ...
DATE: Feb 03, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
