76331 results returned for search: "" category "Business"
PartnerRe Ltd yesterday announced that its preliminary net loss estimate related to superstorm Sandy is between $200 million and $240 million, pretax and net of retrocession and reinstatement premiums.
The Bermuda-based company estimates that the maj...
DATE: Dec 20, 2012
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CATEGORY:
Reinsurance
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Economics Advisory Committee co-chair Diane Newman added her voice to those in the business community recation to the OBA victory.
She said a “credible fiscal plan was the first step in restoring economic growth for the country”.
Ms Newman said: “Th...
DATE: Dec 20, 2012
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CATEGORY:
Local Business
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Bermuda-based re/insurer Maiden Holdings Ltd estimates its losses relating to Superstorm Sandy will range from $25 million to $35 million
The storm battered the Mid-Atlantic and Northeastern US at the end of October.
The estimate, which is based on a...
DATE: Dec 20, 2012
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CATEGORY:
Reinsurance
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US insurer Markel Corp’s proposed $3 billion acquisition of Bermuda-based Alterra will not see the specialty insurer moving to Bermuda, but rather Alterra re-domiciling to the US.
However, Markel intends to maintain a “very significant presence” on ...
DATE: Dec 20, 2012
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CATEGORY:
Reinsurance
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Bermuda-based Alterra Capital Holdings Ltd has agreed to merge with US specialty insurer Markel Corp in a deal worth more than $3 billion.
Alterra CEO Marty Becker, a veteran of the Bermuda insurance market, is expected to leave the combined company ...
DATE: Dec 19, 2012
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CATEGORY:
Reinsurance
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Talbot Underwriting Ltd, a subsidiary of Bermuda-based Validus, has announced the appointment of Thomas Schild as vice-president, political risk underwriter of Talbot Underwriting Services (US) Ltd.
Mr Schild has more than 18 years of international e...
DATE: Dec 19, 2012
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CATEGORY:
Reinsurance
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Bermudian insurance and reinsurance underwriter Catlin Group Ltd said yesterday it estimates its losses related to Superstorm Sandy at approximately $200 million.
Catlin said the loss estimate is net of reinsurance programme and reinstatements.
The...
DATE: Dec 19, 2012
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CATEGORY:
Reinsurance
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The Department of E-Commerce will be hosting the Christmas IT Networking Event on Thursday, December 20 from 12:00 p.m. to 2:00 p.m. on the fifth floor of Craig Appin House.
Anyone interested in studying IT or who is currently studying IT at univers...
DATE: Dec 19, 2012
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CATEGORY:
Technology
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The retail sector yesterday called on the new OBA Government to suspend work permit term limits as one of a number of “fast-moving measures” to create business confidence in Bermuda.
The struggling retail sector said it also hoped that tax breaks giv...
DATE: Dec 19, 2012
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CATEGORY:
Local Business
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The outcome of Monday night’s historic election has reverberated throughout the Island’s international business community.
While offering thanks to the outgoing Progressive Labour Party, re/insurance leaders, including ABIR and ABIC, seem optimistic ...
DATE: Dec 19, 2012
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CATEGORY:
International Business
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