75993 results returned for search: "" category "Business"
The first thing that most entrepreneurs hear is that they have to write a business plan. What exactly does that mean? Many would-be entrepreneurs view the business plan as some elaborate scary monster with intricate sentences and paragraphs that go o...
DATE: May 03, 2011
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CATEGORY:
Bermuda Works
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Bermuda reinsurer PartnerRe last night reported a first-quarter net loss of $807 million after it was hit by more than $1 billion in catastrophe losses in the first three months of the year.
Earthquakes in New Zealand and Japan, as well as flooding a...
DATE: May 03, 2011
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CATEGORY:
Reinsurance
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Bermuda-based LOM (Holdings) Ltd made a net loss of almost $290,000 in 2010, the broker-dealer announced on Friday.
Driving the loss were higher than expected legal costs associated with its settlement of a dispute with US financial regulator the Sec...
DATE: May 02, 2011
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CATEGORY:
Other
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PartnerRe Ltd has increased its loss estimate for the Japanese earthquake and tsunami by another $230 million.
The re/insurer announced initial loss estimates of approximately $500 million last month.
PartnerRe president and CEO Costas Miranthis said...
DATE: May 02, 2011
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CATEGORY:
International Business
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Majestic Capital Ltd is to voluntarily delist from the Nasdaq Stock Exchange.
The Bermuda-based company, whose subsidiaries offer workers’ compensation insurance in the US, said in a regulatory filing on Friday the effective date of the delisting wou...
DATE: May 02, 2011
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CATEGORY:
International Business
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Bermuda’s re/insurance industry is bracing itself for more catastrophe losses after an expensive first quarter from the deadly tornadoes that have wreaked havoc in the United States.
The storms, some of which have been classified as EF5 storms - the ...
DATE: May 02, 2011
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CATEGORY:
International Business
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Bermuda-based White Mountains Insurance Group Ltd made a net loss of $28 million in the first quarter as its reinsurance segment took a $125 million hit from catastrophe losses.
However the group, which includes OneBeacon, White Mountains Re and Esur...
DATE: May 02, 2011
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CATEGORY:
International Business
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Butterfield Bank traded 25,900 shares on The Bermuda Stock Exchange (BSX) yesterday.
But the bank’s share price held firm at $1.39.
Overall the Index remained unchanged at 1,201.13 with 25,900 shares worth $35,942 changing hands.
The BSX Insurance In...
DATE: Apr 29, 2011
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CATEGORY:
Bermuda Stock Exchange
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Axis Capital Holdings Ltd sustained catastrophe losses exceeding half a billion dollars in the first quarter and posted a net loss of $384 million.
The Bermuda re/insurer’s chief executive officer John Charman said the industry’s high natural disaste...
DATE: Apr 29, 2011
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CATEGORY:
Reinsurance
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Aspen Insurance Holdings Ltd yesterday announced a net loss of $151.7 million in a first quarter in which the company shouldered more than a quarter of a billion dollars in catastrophe losses.
The Bermuda re/insurer’s after-tax earnings were hit by t...
DATE: Apr 29, 2011
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CATEGORY:
Reinsurance
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