76365 results returned for search: "" category "Business"
A.M. Best Co. has placed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of S.A.C. Re, Ltd. (SAC Re) under review with negative implications.
The announcement was made in a press release from A.M. Best this afternoon,...
DATE: Jul 31, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
AXIS Capital Holdings Limited stated today that reported net income available to common shareholders for the second quarter of 2013 was $72 million, or $0.62 per diluted common share, compared with $168 million, or $1.35 per diluted common share, for...
DATE: Jul 31, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
RenaissanceRe Holdings Ltd. today reported net income available to RenaissanceRe common shareholders of $26.8 million or $0.60 per diluted common share in the second quarter of 2013, compared to $142.3 million or $2.75 per diluted common share in the...
DATE: Jul 31, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
The Cabinet Office announced this afternoon that seven initiatives will be implemented as part of efforts to include 2012 Financial Action Task Force (FATF) revisions into Bermuda’s regulatory environment.
FATF is an inter-governmental body establish...
DATE: Jul 31, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Nephila Capital, the largest institutional asset manager of vehicles dedicated to investing in natural catastrophe and weather risk, announced today that Guy Swayne will be joining their global management team.
In a press release announcing the move,...
DATE: Jul 31, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
The Bermuda International Shipping Association (BISA) has been re-established after holding its annual general meeting on Friday and electing a new board.
BISA, which represents Bermuda-registered shipping companies, shipowners, marine insurers and a...
DATE: Jul 30, 2013
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CATEGORY:
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The Cabinet Office announced yesterday that seven initiatives will be implemented as part of efforts to include 2012 Financial Action Task Force (FATF) revisions into Bermuda’s regulatory environment.
FATF is an inter-governmental body established in...
DATE: Jul 30, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
The global financial system clearly looks better than it did just a few years ago when the world’s largest banks and many governments found themselves in deep trouble in the midst of the worst recession since the Second World War. But lately conditio...
DATE: Jul 30, 2013
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CATEGORY:
Other
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AUTHOR:
Bryan Dooley
The Association of Certified Fraud Examiners (ACFE) has awarded Anne Kast the Certified Fraud Examiner (CFE) credential.
Ms Kast is the retired President of Kast Investment Management Ltd and is currently a director of Capital G Investment Company.
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DATE: Jul 30, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Speaking in the House of Assembly today, he noted that the spike in numbers is a tangible sign that Bermuda’s economy is improving.
Minister Gibbons said, “Since the beginning of the year we are seeing some very encouraging signs of a growth in comp...
DATE: Jul 30, 2013
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CATEGORY:
Other
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