75993 results returned for search: "" category "Business"
Bermuda-based insurer Hiscox Ltd has estimated a mean loss of between $60 million and $150 million from the earthquake and tsunami that devastated Japan on March 11.
Flagstone Reinsurance Holdings S.A. also announced a loss estimate of $80 million to...
DATE: Mar 31, 2011
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CATEGORY:
Reinsurance
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The Argus Group has announced the relocation of the company’s Malta-based business Fogg Insurance Agencies Ltd (Fogg) which it acquired in June 2010.
Fogg has moved to new offices at La Concorde in Ta’Xbiex, demonstrating the Argus’ commitment to inv...
DATE: Mar 31, 2011
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CATEGORY:
Other
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NEW YORK (Reuters) - Bermuda-based Signet Jewelers Ltd reported a higher-than-expected holiday quarter profit and said its Kay Jewelers and more upscale Jared chain have continued their streak of sales gains this quarter.
But business at its British ...
DATE: Mar 31, 2011
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CATEGORY:
International Business
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LONDON (Bloomberg) Lloyd’s of London, the world’s oldest insurance market, said full-year profit fell 44 percent on claims related to catastrophes such as the earthquake in Chile and the Deepwater Horizon oil spill in the Gulf of Mexico.
Pretax profi...
DATE: Mar 31, 2011
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CATEGORY:
International Business
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Bermuda’s female leaders of the past and present were celebrated at the Ace Women’s Forum (AWF) to mark the 100th anniversary of International Women’s Day.
A panel comprising Premier Paul Cox, US Consul General Grace Shelton, Bermuda College presiden...
DATE: Mar 31, 2011
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CATEGORY:
International Business
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Bermuda Commercial Bank Ltd rose 7.5 percent (75 cents) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 2,000 shares to close at $10.75.
Butterfield Bank’s preference shares were also up 2.04 percent ($25) at $1,250 with 62 shares trad...
DATE: Mar 30, 2011
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CATEGORY:
Bermuda Stock Exchange
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The up-and-coming corporate team of Cox Hallett Wilkinson Ltd (CHW) has been ranked one of the top three law firms in Bermuda for corporate and finance work by a top legal publication.
“Chambers and Partners 2011 Global Guide to the World’s leading l...
DATE: Mar 30, 2011
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CATEGORY:
Other
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Oil Casualty Insurance Ltd (OCIL) made a net loss of $19.3 million in the year through November 2010, the company revealed at its annual meeting last week.
The loss, which the company attributed to new loss case reserves, compared to net income of $1...
DATE: Mar 30, 2011
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CATEGORY:
Other
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Rising demand for shares of the Bermuda-run CatCo Reinsurance Opportunities Fund Ltd has resulted in the issuance of 7.25 million new ordinary shares.
The London-listed fund is run by CatCo Investment Management Ltd, which is based in the SE Pearman ...
DATE: Mar 30, 2011
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CATEGORY:
Reinsurance
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Bermuda-based Omega Specialty Insurance Company Ltd’s ratings have been put under review with negative implications by AM Best Europe over concerns about the group’s exposure management.
The company, which has a financial strength rating of A- (excel...
DATE: Mar 30, 2011
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CATEGORY:
International Business
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