75908 results returned for search: "" category "Business"
RenaissanceRe Holdings Ltd continued strong underwriting profitability during the second quarter of 2014 — but with a notable drop in gross premiums written and underwriting income.
The Bermuda reinsurer last night reported underwriting income of $99...
DATE: Jul 30, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Bermuda-based Oil Insurance Ltd (OIL) has decided to increase its per occurrence limit from $300 million to $400 million and the event aggregation limit from $900 million to $1.2 billion, effective January 1, 2015.
Furthermore, OIL — which is a mut...
DATE: Jul 30, 2014
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CATEGORY:
Reinsurance
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The result of Cup Match is still to be decided — but Somerset Cricket Club are determined they will not be on the losing side if the East-West clash is cancelled due to bad weather.
For Somerset CC — for the first time in the game’s 112-year history ...
DATE: Jul 30, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based re/insurer Axis Capital Holdings Ltd surpassed Wall Street’s expectations in posting second-quarter net income of $191 million.
Profit broke down to $1.79 per share, compared with $72 million, or 62 cents per share in the second quarter...
DATE: Jul 30, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
White Mountains Insurance Group, Ltd yesterday reported net income attributable to common shareholders of $96 million for the second quarter and $191 million for the first half of the year.
The results compared favourably to $26 million and $147 mill...
DATE: Jul 30, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Apex Law Group attorney Bruce Swan discovered that an increasing number of people need pro bono legal advice — and he has decided to offer it, with the help of his colleagues.
Along with Apex corporate attorney Chelsea Lim-Stirling and law pupil Mand...
DATE: Jul 30, 2014
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
The Royal Gazette/Bermuda Stock Exchange closed trading yesterday at 1,380.70, up 9.02.
A total of 30,645 shares traded at a value of $87,830.35.
KeyTech ended the day up 21 percent at 4.25, gaining 0.75 after announcing it was selling The Bermuda Te...
DATE: Jul 30, 2014
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CATEGORY:
Bermuda Stock Exchange
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Endurance Specialty Holdings Ltd has announced that it has terminated its $3.2 billion offer to acquire fellow Bermuda re/insurer Aspen Insurance Holdings Ltd.
Hence Endurance will not be pursuing its board size increase and scheme of arrangement pro...
DATE: Jul 30, 2014
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CATEGORY:
Reinsurance
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LOM (Holdings) Limited — Name Change
HAMILTON, Bermuda — 30 July, 2014 — LOM (Holdings) Limited (the “Company”; Ticker: LOM.BH), has announced that at a special general meeting of the Company held today, the shareholders of the Company approved that ...
DATE: Jul 30, 2014
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CATEGORY:
Other
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AUTHOR:
Press Release
PartnerRe Ltd last night reported a second-quarter profit of more than a quarter of a billion dollars — a dramatic improvement from the $190 million net loss it posted in the corresponding period last year.
The Bermuda-based global reinsurer said net...
DATE: Jul 29, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
