75979 results returned for search: "" category "Business"
Alterra wrote more business and easily beat Wall Street expectations reporting a $79 million profit in the first quarter.
The global insurer’s net income broke down to 66 cents per diluted share for the first quarter of 2012, compared to a net loss ...
DATE: May 10, 2012
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CATEGORY:
Reinsurance
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DATE: May 10, 2012
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CATEGORY:
Technology
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NEW YORK (Bloomberg) - XL Group Plc advanced the most since November in New York trading yesterday after the insurer swung to a first-quarter profit, beating analysts’ estimates.
The insurer rallied 4.3 percent to $22.25 in New York Stock Exchange tr...
DATE: May 10, 2012
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CATEGORY:
Reinsurance
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AIG property-casualty unit Chartis has laid off four employees in Bermuda and plans to cut at least six more jobs this year as part of a reorganisation.
Chartis Bermuda, located in the former AIG building, now Chartis House, currently employs over 15...
DATE: May 10, 2012
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CATEGORY:
Reinsurance
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There will be no meaningful growth in the Caribbean tourism market until 2014 at the very least.
That’s the worrying conclusion of KPMG’s annual Caribbean Region Financing Survey unveiled at the recent Caribbean Hotel and Tourism Investment Conferenc...
DATE: May 10, 2012
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CATEGORY:
Other
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The Bermuda Stock Exchange closed yesterday at 1,107.31, up 7.79, or 0.7 percent.
Some 7,500 Butterfield shares traded closing unchanged at $1.30.
Around 500 shares in Argus Group traded closing at $3.75 and 400 BF&M shares changed hands, ending the...
DATE: May 10, 2012
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CATEGORY:
Bermuda Stock Exchange
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Business Bermuda attended the 10th Annual Family Symposium at the Fairmont Southampton Princess Hotel on Monday and Tuesday this week.
Attracting an international mix of family offices, lawyers, and asset managers, not only was the conference profit...
DATE: May 10, 2012
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CATEGORY:
Other
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Butterfield Bank is looking to cash in on a boom in the London property market and gain a larger share of borrowers’ asset management and banking business.
The Bermuda bank’s UK operation is among a growing number of foreign private banks entering th...
DATE: May 10, 2012
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CATEGORY:
Other
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A top US senator has criticised US tax authority the Internal Revenue Service for sending 19 senior staff to the annual OffshoreAlert conference in Miami.
The conference, organised by OffshoreAlert publisher and former Royal Gazette business reporter...
DATE: May 10, 2012
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CATEGORY:
Other
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Price increases in the July reinsurance renewal period are likely to be restricted to loss-affected areas and sectors unless there is a further significant insured loss for the industry.
A report by rating agency Fitch predicts it would take an insur...
DATE: May 10, 2012
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CATEGORY:
Reinsurance
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