75988 results returned for search: "" category "Business"
Validus Holdings Ltd’s profits dropped by more than three quarters for the third quarter of 2011 after taking a $51.9 million hit from Hurricane Irene and floods in Denmark.
The company’s net income plummeted 76.3 percent, or $182 million, to $56.5 m...
DATE: Oct 28, 2011
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CATEGORY:
Reinsurance
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Aspen Insurance Holdings’ profits fell 76.1 percent weighed down by catastrophe losses during the third quarter and increased estimates from the first and second quarters.
The company made a net income of $22.2 million or 23 cents per share for the q...
DATE: Oct 28, 2011
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CATEGORY:
Reinsurance
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Bermuda reinsurer PartnerRe yesterday revealed that it expects to book $169 million in catastrophe losses in its third-quarter results.
More than $100 million of this amount relates to an increase in estimated losses from the Japan earthquake and tsu...
DATE: Oct 28, 2011
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CATEGORY:
Reinsurance
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BOSTON (Reuters) - Steven A Cohen, who built one of the world’s biggest and most successful hedge funds, is branching out and plans to set up his own reinsurance firm in Bermuda next year, two people familiar with the matter said.
Cohen, who runs $14...
DATE: Oct 28, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank yesterday posted profit of $11.2 million for the third quarter as net interest income rose by 19 percent.
The bank’s third successive quarterly profit compared to a net loss of $18.6 million in the same period of 2010 and means the b...
DATE: Oct 28, 2011
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CATEGORY:
Local Business
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On October 14th, the ‘Occupy Wall Street’ protesters were up early in Milan where student demonstrators broke into the local Goldman Sachs building before daybreak until police were eventually able to throw them out.
Just down the street, a 36 foot ...
DATE: Oct 28, 2011
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CATEGORY:
Personal Finance
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AUTHOR:
Bryan Dooley
The Government will next month finally unveil a new regulatory regime that will fundamentally change the Island's telecommunications sector.
But Minister of Environment, Planning and Infrastructure Walter Roban warned yesterday the current policy sta...
DATE: Oct 27, 2011
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CATEGORY:
Other
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In the second of a four-part series on entrepreneurs in business who took part in Butterfield Bank’s advertising campaign, ALEX WRIGHT spoke to Holger Eiselt of Buzz Cafe fame.
Holger Eiselt has grown his small business empire from just himself and ...
DATE: Oct 27, 2011
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CATEGORY:
Local Business
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Bermuda made its presence felt at the largest gathering of property casualty insurance professionals in North America.
Almost 1,000 senior executives attending the Annual Meeting of the Property Casualty Insurers Association of America (PCIAA) in New...
DATE: Oct 27, 2011
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CATEGORY:
Reinsurance
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Montpelier Re Holdings Ltd posted a net loss of $66 million for the third quarter, driven by catastrophe losses.
The Bermuda reinsurer attributed $60 million to losses relating to catastrophic events in the July through September period. These includ...
DATE: Oct 27, 2011
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CATEGORY:
Reinsurance
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