76396 results returned for search: "" category "Business"
LONDON (Reuters) — Bermuda-based property and casualty insurer Lancashire Holdings Ltd posted a 47 percent rise in first-quarter premiums written, helped by its purchase last year of rival Cathedral Capital Ltd.
Lancashire chief executive Alex Malone...
DATE: May 02, 2014
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CATEGORY:
Reinsurance
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The Royal Gazette/Bermuda Stock Exchange Index dropped as LOM (Holdings) Limited fell 0.05 to 2.25 when 2,500 shares changed hands in a rare trade for the equity. The company this week had reported a small profit of $180,284 in 2013, as revenue rose ...
DATE: May 02, 2014
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CATEGORY:
Bermuda Stock Exchange
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The largest catastrophe bond transaction in history completed today and was admitted for listing on the Bermuda Stock Exchange (BSX).
The $1.5 billion issuance through Bermuda special purpose insurer Everglades Re Ltd, will provide reinsurance covera...
DATE: May 02, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Shares of Ascendant Group Ltd gained more than three percent in light trading on the Bermuda Stock Exchange today.
The owner of electricity provider Belco, gained 25 cents, or 3.1 percent, on the trading of 100 shares.
The only other domestic-board c...
DATE: May 02, 2014
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s top financial regulator said he has been delighted to see so many people interested in doing business on the Island at North America’s largest insurance conference of the year.
Speaking from the Risk & Insurance Management Society’s (RIMS) ...
DATE: May 01, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The Institute of Directors (IoD) Bermuda branch will host the Finance for Non-Financial Directors course on May 15, 16, and 17.
In a statement, the organisation said: “Competent fiduciary oversight is a core responsibility of directors. The Finance...
DATE: May 01, 2014
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CATEGORY:
Other
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Montpelier Re Holdings Ltd’s book value per share rose nearly six percent during the first quarter as the Bermuda reinsurer benefited from a lack of catastrophe activity.
The company posted operating earnings of $72 million, or $1.48 per share, crush...
DATE: May 01, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The Bermuda Stock Exchange closed down 4.72 finishing yesterday’s trading at 1,419.24.
The only sector to trade was banking, and the Bank of NT Butterfield saw 101,050 shares change hands at 1.99, down 0.01 despite announcing a $23.2 million profit t...
DATE: May 01, 2014
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CATEGORY:
Bermuda Stock Exchange
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Robin Spencer-Arscott has been hailed as a “true ambassador for Bermuda” as he was named winner of the Bermuda Insurance Institute’s Lifetime Achievement Award.
Bermudian Mr Spencer-Arscott has been heavily involved in organising the Bermuda Receptio...
DATE: May 01, 2014
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CATEGORY:
Reinsurance
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Hamilton Insurance Group has appointed Keith Bernhard as head of internal audit.
In this newly-created position, Mr Bernhard is responsible for developing and executing a risk-based internal audit plan for Hamilton Insurance Group and its subsidiari...
DATE: May 01, 2014
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CATEGORY:
Reinsurance
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