75993 results returned for search: "" category "Business"
Validus Holdings Ltd posted a net loss of almost $175 million during the 2011 first quarter as its bottom line was significantly impacted by catastrophes across the world.
The re/insurer reported a net loss of $172.4 million or $1.78 per share for th...
DATE: May 06, 2011
|
CATEGORY:
Reinsurance
|
The e-Moo website has grown beyond its Bermuda roots and has spread to communities as far afield as Australia, Peru, Colorado, England and the Caribbean.
Now the bosses of the buying, selling and advertising platform, which has become an online insti...
DATE: May 06, 2011
|
CATEGORY:
Technology
|
Maiden Holdings Ltd boosted its profits by 42.6 percent during the first quarter of 2011 as most parts of the business grew.
The Bermuda insurer’s net income was $19.3 million versus $13.6 million for the same period in 2010. Earnings per diluted sha...
DATE: May 05, 2011
|
CATEGORY:
Reinsurance
|
XL Insurance (Bermuda) Ltd (XLIB) has enhanced its Employment Practices Liability Policy to address the emerging employment risks by launching the XL Bermuda Longtail EPL Form.
XLIB professional lines chief underwriting officer James Loder said: “In ...
DATE: May 05, 2011
|
CATEGORY:
Reinsurance
|
Freakonomics co-author Steve Levitt gave a unique insight into tackling the issue of global warming during his visit to Bermuda this week.
Mr Levitt, who was the keynote speaker at the Capital G Private Wealth Conference held at the Rosewood Tucker’...
DATE: May 05, 2011
|
CATEGORY:
Economy
|
American Safety Insurance Holdings Ltd’s net earnings rose to $7.9 million during the first quarter of 2011 from $6.5 million in the same period in 2010.
The Bermuda-based company’s net earned premiums increased 27 percent to $54.4 million, while net...
DATE: May 05, 2011
|
CATEGORY:
Reinsurance
|
Allied World Assurance Company Holdings, AG posted a slender profit of $8.6 million for the first quarter of 2011 despite taking a $132.2 million hit from catastrophes.
The profit compared to a net income of $133.7 million for the first quarter of 20...
DATE: May 05, 2011
|
CATEGORY:
Reinsurance
|
Insurance rates in some short-tail lines are rising and conditions are becoming right for a more general price hardening in the market, according to XL Insurance Bermuda Ltd president Patrick Tannock.
Mr Tannock spoke with The Royal Gazette yesterday...
DATE: May 05, 2011
|
CATEGORY:
Reinsurance
|
Ace Ltd last night reported first-quarter profits dropped 66 percent on heavy catastrophe losses.
The Switzerland-based global insurer, which was founded in Bermuda 25 years ago and which maintains substantial operations on the Island, said net incom...
DATE: May 05, 2011
|
CATEGORY:
Reinsurance
|
Bermuda’s needs to maintain an ongoing shift in attitude to show it appreciates the value that the insurance industry brings to the Island, Premier Paula Cox said yesterday.
During her visit to the Risk and Insurance Management Society annual confere...
DATE: May 05, 2011
|
CATEGORY:
Reinsurance
|
