75898 results returned for search: "" category "Business"
Myth #24: “The first thing we do, let’s kill all the lawyers.”
Most people are familiar with this commonly quoted phrase as being from one of Shakespeare’s plays. It is used to mock and vilify lawyers and exemplifies the ordinary person’s frustrat...
DATE: Oct 30, 2014
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CATEGORY:
Other
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Axis Capital yesterday reported net income of $279 million for the third quarter of the year.
The figure available to common shareholders — $142 million up on the same period last year — equates to $2.68 per diluted common share.
The firm reported op...
DATE: Oct 30, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Validus Holdings Ltd’s third-quarter net income tumbled by three-quarters as the company was hit by more than $60 million in aviation, war and energy claims.
The Bermuda-based insurer and reinsurer reported net income of $39.7 million for the July th...
DATE: Oct 30, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Aspen Insurance Holdings raked in a net income of $37.4 million after tax in the third quarter of the year.
The news came as the firm released its latest quarterly figures — equal to 42 cents net income per share — to the end of September.
Aspen CEO...
DATE: Oct 30, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based White Mountains Insurance Group Ltd reported net income of $52 million for the third quarter — slightly down from $57 million in the corresponding quarter last year.
Ray Barrette, the group’s chairman and chief executive officer, descri...
DATE: Oct 30, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
A city street will tomorrow become a Halloween zone.
Retailers in Queen Street are to open late for a special trick or treat night with a host of activities on offer.
The Boo Bash — modelled on US Halloween themed parties aimed at providing a safe en...
DATE: Oct 30, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The insurance operations head at Argo has been promoted to lead the firm’s strategy and development arm.
Nigel Mortimer is to become executive vice-president as well as continuing to run the insurance operations in Bermuda.
Argo group president and C...
DATE: Oct 29, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A renewed focus on climate change and insurance has led the Bank of England (BoE) to question insurers throughout the United Kingdom on their own risk management in the face of rising carbon levels, the Financial Times (FT) is reporting.
This follow...
DATE: Oct 29, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
The town of St George’s will welcome a rare commodity this week when the cruise ship, Regatta, and her 700 passengers pull into port.
The liner was last in the East End back in April. She is one of just a handful of ships small enough to transit Town...
DATE: Oct 29, 2014
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CATEGORY:
Other
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Demographic studies are showing that people are living longer these days. The latest results indicate that if you make it to age 65, then there is a 50 percent chance that you could live another 25-30 years on average. Thus for some persons, it is po...
DATE: Oct 29, 2014
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CATEGORY:
Other
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