77155 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — American International Group, the insurer majority-owned by the US government, posted its third straight profitable quarter as results improved at the Chartis property-casualty and SunAmerica life units.
Net income rose 27 perc...
DATE: Aug 06, 2012
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CATEGORY:
Reinsurance
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Willis Group Holdings Plc posted a higher quarterly profit as lower expenses helped the insurance-broker offset a slight decline in commissions and fees.
The company’s net income from continuing operations for the second quarter rose to $107 million,...
DATE: Aug 06, 2012
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CATEGORY:
Reinsurance
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Entrepreneur and author McCal Roberts was in the US last week on a second tour to promote his book ‘Bonded’ which is set to be made into a movie.
Mr Roberts visited Philadelphia, Atlantic City and New York, signing copies of his book in stores. The t...
DATE: Aug 06, 2012
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CATEGORY:
Local Business
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Butterfield Bank and insurer BF&M Ltd rose in a three-day week of trading on the Bermuda Stock Exchange, which was closed for the past two days for the Cup Match holiday.
Butterfield, which announced a $16 million profit for the second quarter on Tue...
DATE: Aug 04, 2012
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CATEGORY:
Bermuda Stock Exchange
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It was seven years ago this month that Hurricane Katrina slammed into the Gulf Coast. If you’ve never been affected by such a disaster, you may not appreciate how it can change one’s life.
Brad Fortier understands. Fortier, a certified financial plan...
DATE: Aug 04, 2012
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CATEGORY:
Personal Finance
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Butterfield Bank’s profits rose nearly 38 percent in the second quarter, thanks to improved performance in the loan book and investment portfolio.
The bank posted net income of $16.2 million for the April through June period — its sixth successive pr...
DATE: Aug 01, 2012
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CATEGORY:
Local Business
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Bermuda students who took part in this year’s College Student Networking Event (CSNE) hosted by Business Bermuda are now more prepared for landing a job in the real world.
The seminar series, now in its 14th year, was declared a huge success by the o...
DATE: Aug 01, 2012
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CATEGORY:
Other
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Carla Greaves has been named the new chief excess casualty underwriter of XL Insurance (Bermuda) Ltd (XLIB)
As of today, Warwick Academy graduate Ms Greaves will succeed Beth Piggott who is retiring after a 24-year career with XLIB, the Bermuda insur...
DATE: Aug 01, 2012
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CATEGORY:
Reinsurance
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Insurer BF&M Ltd surged 2.9 percent on very low volume yesterday, helping The Royal Gazette/Bermuda Stock Exchange (BSX) Index rise.
BF&M gained 45 cents to close the day on $16 as 140 shares traded. The company was the sole domestic-board company to...
DATE: Aug 01, 2012
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CATEGORY:
Bermuda Stock Exchange
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Bermuda reinsurer RenaissanceRe Holdings Ltd last night reported net income of $142.3 million for the second quarter, driven by low catastrophe activity.
CEO Neill Currie said pricing for June reinsurance contract renewals had been softer than the co...
DATE: Aug 01, 2012
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CATEGORY:
Reinsurance
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