77133 results returned for search: "" category "Business"
Run-off acquirer Catalina Holdings (Bermuda) Ltd has signed a definitive share purchase agreement to buy PX Re from Tawa Associates Ltd.
As at June 30, 2014 PX Re had total assets of $30 million, according to Catalina, and undiscounted net liabiliti...
DATE: Nov 05, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
Bermudian Jean-Paul (JP) Dyer has joined MJM Ltd as a senior associate.
The firm said Mr Dyer has joined as a member of the Corporate and Finance Group, specialising in capital market and corporate finance transactions with a particular emphasis on ...
DATE: Nov 04, 2014
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CATEGORY:
Local Business
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NEW YORK (Bloomberg) — American International Group, the largest commercial insurer in the US and Canada, said profit rose one percent in the first report under chief executive officer Peter Hancock.
Net income climbed to $2.19 billion, or $1.52 a sh...
DATE: Nov 04, 2014
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CATEGORY:
Reinsurance
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LONDON (BestWeek) — While Aon plc chief executive officer Greg Case is admittedly “not excited” about a revenue drop in the reinsurance brokerage arm, there is a positive outlook on the horizon with a stronger fourth-quarter capital markets pipeline ...
DATE: Nov 04, 2014
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CATEGORY:
Reinsurance
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Rosedon Hotel has invested in green energy as part of multi-pronged strategic plan for the Pembroke landmark.
Scott Kitson, a consultant for the Kitson Group of Companies and former president and chief executive officer of the organisation, along wi...
DATE: Nov 04, 2014
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CATEGORY:
Local Business
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AUTHOR:
Rebecca Zuill
Insurer and reinsurer Endurance yesterday reported net income of $68 million for the third quarter as it wrote more business.
That is equal to $1.52 per diluted share — a drop on the same period in 2013, which showed net income of $75.2 million and $...
DATE: Nov 04, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Phoenix Group is inviting shoppers to describe how Black Friday has become “a celebrated holiday tradition for them and their families, and what rituals they have adopted to make the morning after Thanksgiving their adrenalin-filled, unofficial s...
DATE: Nov 04, 2014
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CATEGORY:
Local Business
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The Regulatory Authority has released a planning consultation inviting comments on its proposed work plan and budget for the 2015-16 financial year.
“This Planning Consultation presents an opportunity for the public to consider our proposed plans for...
DATE: Nov 04, 2014
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CATEGORY:
Other
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For underwriters of event-driven risks, the odd rough quarter is an occupational hazard.
But, as Bermuda-based Validus Holdings Ltd believes, underwriting a more volatile mix of business than many peers should lead to industry-beating returns.
That h...
DATE: Nov 03, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The Royal Gazette/BSX Index inched 1.95 points higher in last week’s trading, thanks mainly to Butterfield Bank’s one cent rise.
Butterfield shares hit the $2 mark, rising 0.5 percent, as 347,846 shares changed hands during the five days of trading.
...
DATE: Nov 03, 2014
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CATEGORY:
Bermuda Stock Exchange
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