75988 results returned for search: "" category "Business"
Validus Holdings Ltd has extended the deadline for its offer to buy Transatlantic Holdings Inc to 5pm Eastern time on November 25.
The confidentiality agreement and discussion period between the two insurers ended on Monday.
Validus said yesterday t...
DATE: Nov 02, 2011
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CATEGORY:
Reinsurance
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Ascendant Group fell on the Bermuda Stock Exchange yesterday as 9,200 shares changed hands.
Shares in the utility company fell 59 cents, or 4.3 percent to $13.01.
It was the day’s only trade on the BSX.
Overall the index closed down 0.46 percent, or ...
DATE: Nov 02, 2011
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CATEGORY:
Bermuda Stock Exchange
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Former Bermuda-based insurance executive David Batchelor has been appointed the head of Marsh’s international division, with immediate effect.
The division comprises all of Marsh’s operations outside of North America including the Europe; Middle East...
DATE: Nov 02, 2011
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CATEGORY:
Reinsurance
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A day after going public over a lost $1,000 wire transfer, meteorologist Rob Giglio said he finally got his money back from HSBC Bermuda.
Mr. Giglio, who was out-of-pocket for three weeks while trying to get HSBC to find his money, said the bank als...
DATE: Nov 02, 2011
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CATEGORY:
Other
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Consumer electronics for many does not ignite that warm and fuzzy feeling that we get from Colgate, Nike or M&M’s, that is until Apple came along. The recent death of Steve Jobs, founder and past CEO of Apple has ignited a flood of consumer tributes ...
DATE: Nov 02, 2011
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CATEGORY:
Technology
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Alterra Capital Holdings Ltd’s profits eased to $48.4 million for the third quarter due to higher catastrophe losses and lower investment yields.
That compared to a net income of $82.8 million or 70 cents per share for the same quarter in 2010.
The c...
DATE: Nov 02, 2011
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CATEGORY:
Reinsurance
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Axis Capital Holdings Ltd last night posted third-quarter net income of $212 million as the re/insurer took a hit of more than $90 million from catastrophe losses.
The profit, which broke down to $1.66 per share, was down 11.3 percent from last year....
DATE: Nov 02, 2011
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CATEGORY:
Reinsurance
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Cell phones have become just as much a part of modern life as iPods, computers and flat screen TVs.
Indeed, in some cases, they can now do the functions of all three thanks to the latest advancements in technology.
But where do you start and what sho...
DATE: Nov 02, 2011
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CATEGORY:
Technology
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XL Group’s profits fell 45 percent in the third quarter as catastrophe losses of more than $110 million took their toll.
The company made net income of $42.4 million in the July through September period, or 14 cents per share, compared to $77.5 milli...
DATE: Nov 02, 2011
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CATEGORY:
Reinsurance
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Given all the hype, the iPad2 had some high expectations to live up to when I put it to the test.
On first look it has a sleek appearance slightly more streamline than the original model with some neat new features added.
Its key selling point is its...
DATE: Nov 02, 2011
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CATEGORY:
Technology
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