75985 results returned for search: "" category "Business"
John “Jay” Nichols will join Axis Capital Holdings Ltd from Bermuda rival RenaissanceRe to take the role of chief executive officer of Axis Re effective April 2, 2012, Axis announced last night.
Mr Nichols will report to the CEO and president of AXIS...
DATE: Feb 07, 2012
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CATEGORY:
Reinsurance
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Bermuda-based re/insurer Aspen Insurance Holdings Ltd last night reported a net loss after tax of $105.8 million for 2011.
The company stated its reinsurance results were materially impacted by a high frequency and severity of natural catastrophes in...
DATE: Feb 07, 2012
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CATEGORY:
Reinsurance
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A fable to inspire debate on trickledown economics, job creation and protecting Bermudians in the global economy
One day during the PGA Grand Slam of Golf at Port Royal, a lizard was eavesdropping on a conversation between a cedar tree and a palmett...
DATE: Feb 07, 2012
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CATEGORY:
Bermuda Works
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Validus Holdings’ likely claims payout on the Costa Concordia disaster will not increase even if insured losses are much higher than currently forecast.
The Bermuda reinsurer’s chairman and CEO Ed Noonan told The Royal Gazette that the company’s esti...
DATE: Feb 06, 2012
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CATEGORY:
Reinsurance
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The Royal Gazette / Bermuda Stock Exchange (BSX) Index surged nearly seven percent last week, fuelled by a spike in Butterfield Bank shares.
During the five days of trading, the bank recovered strongly from $1.05, its 52-week low, to end the week on ...
DATE: Feb 06, 2012
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CATEGORY:
Bermuda Stock Exchange
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Insurance brokerage Aon Corp said it plans to focus on stock buybacks as it seeks to boost shareholder returns.
“We do not believe there’s a significant acquisition on the horizon,” Aon’s chief financial officer Christa Davies said on Friday on a con...
DATE: Feb 06, 2012
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CATEGORY:
Reinsurance
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Capital G announced three senior appointments in their risk and accounting departments.
Frank Morisano has been appointed to the newly created position of executive vice-president, chief risk officer with responsibility for the Group’s credit, marke...
DATE: Feb 06, 2012
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CATEGORY:
Local Business
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BERN, Switzerland (Bloomberg) Axa SA, Europe’s second-biggest insurer, said total issuance of bonds designed to protect insurers from the risk of paying out on natural disasters could increase by 30 percent to $6 billion this year.
“More new sponsors...
DATE: Feb 06, 2012
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CATEGORY:
Reinsurance
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Residents who have caught on to the scrapbooking craze as a hobby will soon have a speciality store to pick up their supplies from.
Corrine Parris, owner of longtime party supplies store Surprise, on North Shore Road in Hamilton Parish, is opening a ...
DATE: Feb 06, 2012
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CATEGORY:
Local Business
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The stock market slump of 2011 was meant to have been caused by European economic uncertainty and the possibility of the Eurozone’s violent implosion.
The euro crisis still seems far from being resolved. However, the markets at least outside of the ...
DATE: Feb 04, 2012
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CATEGORY:
Personal Finance
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