77145 results returned for search: "" category "Business"
Asta, the Lloyd’s third party syndicate manager, has announced that Lloyd’s Franchise Board has granted “in principle” approval for Asta Managing Agency Ltd to establish and manage a new Lloyd’s syndicate 2357 backed by Bermuda-based Nephila Capital....
DATE: Feb 06, 2013
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CATEGORY:
Reinsurance
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Ascendant Group fell 25 cents (2.12 percent) on the Bermuda Stock Exchange yesterday, closing at $11.50 trading 2,500 shares.
Butterfield and KeyTech also traded shares, closing at $1.27 and $6, respectively, both with no change in share price.
Overa...
DATE: Feb 05, 2013
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CATEGORY:
Bermuda Stock Exchange
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A new year means a fresh new start for The Dining Room at Gibbs Hill Lighthouse in Southampton.
While the restaurant was closed in January due to refurbishments to the outside working structure of the lighthouse, owner Odilio Angeli took the opportun...
DATE: Feb 05, 2013
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CATEGORY:
Local Business
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The annual rate of inflation remained at 1.9 percent in December, unchanged from November, with the increase in health and personal care costs the biggest driver of the increase in the cost of living.
Year over year, the health and personal care sect...
DATE: Feb 05, 2013
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CATEGORY:
Economy
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How to find the right one that can work for you.
So it’s a new year which means that there are new opportunities for starting a business, right?
Some people would say that now is not the right time to start a business based on the current economic c...
DATE: Feb 05, 2013
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CATEGORY:
Bermuda Works
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AM Best Co has lowered the outlook on the ratings of the operating subsidiaries of Bermuda-based American Safety Insurance Holdings Ltd (ASI) to negative from stable.
The ratings agency said the change reflected “unfavourable underwriting results rep...
DATE: Feb 05, 2013
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CATEGORY:
Reinsurance
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Bermuda-based Axis Capital Holdings reported a net loss of $19 million the fourth quarter of 2012, largely on Superstorm Sandy claims, but managed to beat analysts’ estimates by a dollar.
While the company reported a loss of 16 cents per share for th...
DATE: Feb 05, 2013
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CATEGORY:
Reinsurance
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Bermuda’s Validus Holdings is buying up another reinsurer.
Validus said it’s acquiring closely held Bermuda-based Longhorn Re to help expand in crop coverage.
Jon Levenson, Validus executive vice-president, told The Royal Gazette yesterday: “Validus ...
DATE: Feb 05, 2013
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CATEGORY:
Reinsurance
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Unexpected.
I do my best to educate my clients to always assess opportunities with the question: “what is the worst thing that can happen?”
This approach ensures that you prepare for everything you can think of and are prepared for whatever that mi...
DATE: Feb 05, 2013
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CATEGORY:
Other
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Pillar Capital Holdings Ltd CEO Chris McKeown has left the company under mutual agreement.
The Bermuda-based insurance asset manager, which is focused on collateralised reinsurance and catastrophe insurance-linked securities, formerly Juniperus Capit...
DATE: Feb 04, 2013
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CATEGORY:
Reinsurance
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