76323 results returned for search: "" category "Business"
Bermuda-based insurer and reinsurer Axis Capital Holdings Ltd has recruited fromer PartnerRe executive Eric Gesick to take the new position of group chief actuary.
Mr Gesick, who joins the executive committee of Axis in this new role, will lead the ...
DATE: Oct 05, 2012
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CATEGORY:
Reinsurance
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Two Bermuda spas are named among the world’s best in this month’s issue of Travel + Leisure magazine.
La Serena Spa at The Reefs and Willow Stream at the Fairmont Southampton have been recognised by the magazine on the “World’s Best Spas” lists for ...
DATE: Oct 05, 2012
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CATEGORY:
Local Business
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The Libor rate manipulation scandal was among the topics covered at Sedgwick’s annual seminar for the Bermuda insurance industry.
The Tenth Annual Hot Topics Seminar was held this week at the Bermuda Underwater Exploration Institute and attended by s...
DATE: Oct 05, 2012
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CATEGORY:
International Business
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Ratings firm AM Best has affirmed the financial strength rating of A (excellent) and issuer credit ratings of “a” of XL Group’s property/casualty subsidiaries.
AM Best has also affirmed the ICRs of “bbb” of XL and XLIT Ltd. (Cayman Islands) as well a...
DATE: Oct 05, 2012
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CATEGORY:
Reinsurance
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Home furnishings and accessories consignment store Orange Bay Company has made its annual donation to charity — this time to The Reading Clinic.
The company, which also sells designer vintage clothing, donated $2,000 to the charity in support of its ...
DATE: Oct 05, 2012
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CATEGORY:
Local Business
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Despite a booming cruise passenger market, at least one of Dockyard’s bus boat tour companies has gone under, and the other is out of service.
Businessman Nelson Hunt’s bus boat, or amphibious touring vehicle, was this week advertised for sealed-bid ...
DATE: Oct 05, 2012
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CATEGORY:
Local Business
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Flagstone Re shareholders are being notified of an upcoming extraordinary general meeting to vote on the proposed merger with Validus Re.
Flagstone announced that shareholders of record as of the close of business today, will be notified of and enti...
DATE: Oct 05, 2012
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CATEGORY:
Reinsurance
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Allied World Assurance Company Holdings this week announced it expects to record about $40 million in third-quarter crop reinsurance related losses as a result of the severe drought conditions in the Midwest of the United States.
The company also ex...
DATE: Oct 05, 2012
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CATEGORY:
Reinsurance
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Butterfield Bank dropped one cent (.80 percent) on the Bermuda Stock Exchange yesterday, trading 17,066 shares to close at $1.23.
Argus traded 900 shares, BF&M traded 200 and Bermuda Press (Holdings) traded 38 shares, all with no change in share pric...
DATE: Oct 05, 2012
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CATEGORY:
Bermuda Stock Exchange
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Butterfield Bank spent $1.84 million buying back nearly 1.5 million of its own shares in September.
In a filing with the Bermuda Stock Exchange (BSX) yesterday, the bank said it bought for Treasury 1,494,678 common shares at an average cost of 1.232 ...
DATE: Oct 04, 2012
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
