76354 results returned for search: "" category "Business"
Argus Group said yesterday it has reinstated its dividend as profit jumped to $12.6 million for the year ended March 31.
That compares to earnings of $1.7 million in the previous fiscal year ended March 31, 2012, and a loss of $6.1 million in the ye...
DATE: Jun 25, 2013
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CATEGORY:
Other
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Bacardi is selling its first euro bonds in four years as the average yield investors demand to hold investment-grade corporate debt approaches the highest in three-and-a-half months.
The world’s biggest rum maker is offering €650 million ($870 millio...
DATE: Jun 25, 2013
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CATEGORY:
International Business
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XL Group plc today announced that they have appointed Philip Jacobs as Global Head of Capital Management, Corporate Development and Tax.
Mr. Jacobs joins XL Group from Barclays Bank where he served as global head of tax, and prior to joining Barclay...
DATE: Jun 25, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
A Credit Suisse analyst says property catastrophe reinsurers face increasing pressure from the growth of the ILS (insurance linked securities) and third-party capital market.
Michael Zaremski said Bermuda’s Validus Holdings is seen as particularly th...
DATE: Jun 25, 2013
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CATEGORY:
International Business
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There were no trades on the BSX yesterday, leaving the index unchanged at 1,148.17.
DATE: Jun 25, 2013
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CATEGORY:
Bermuda Stock Exchange
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Politics is set to play a major role in this year’s Insurance Day Summit Bermuda conference with two members of the Florida House of Representatives flying in to take part in a panel discussion on insuring the $3 trillion Florida property market.
The...
DATE: Jun 25, 2013
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
PartnerRe has named Greg Haft as head of Catastrophe, Bermuda.
Mr Haft was at Alterra, now Markel, as managing director and head of US property catastrophe reinsurance.
He will be reporting to Brian Secrett, head of Catastrophe Underwriting, PartnerR...
DATE: Jun 25, 2013
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CATEGORY:
International Business
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Two Digicel Bermuda customers are the lucky winners of Samsung Galaxy S4 smartphones with six months free service.
Digicel and Soca versus Reggae organisers said the Text To Win promotion was won by Jayde Gibbons and Adriel Charles.
The promotion ra...
DATE: Jun 25, 2013
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CATEGORY:
Other
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JLT Reinsurance Brokers Limited (JLT Re) expansion in Bermuda was welcomed by JLT PARK, a Bermuda broking operation in the fields of property, casualty and professional liabilities, healthcare and construction.
In a press release, Paul Scope, chairma...
DATE: Jun 25, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Fitch Ratings said it views Bermuda re/insurers as "highly isolated" from the Island’s economy and fiscal risks.
Fitch yesterday explained that under its methodologies, it could rate certain insurance and reinsurance companies at levels at least four...
DATE: Jun 25, 2013
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CATEGORY:
International Business
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