75993 results returned for search: "" category "Business"
Adorning the walls of the boardroom at Hiscox are two newly acquired Bermuda historical treasures - early maps of the Island printed in the 17th century.
The Bermuda-based re/insurer acquired the two maps, by John Speed and Joan Blaeu, from The Map H...
DATE: Mar 10, 2011
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CATEGORY:
Reinsurance
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Watlington Waterworks Ltd. rose 26.81 percent ($2.95) on The Bermuda Stock Exchange (BSX) yesterday.
The utilities company traded 2,100 shares during the day.
The Ascendant Group Ltd., however, fell 3.33 percent (50 cents) to $14.50 with 3,900 shares...
DATE: Mar 10, 2011
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CATEGORY:
Bermuda Stock Exchange
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Aspen US Insurance has announced the set up of its new surety insurance unit, led by Michael Toppi, executive vice-president of Aspen US Insurance.
Joining Mr Toppi will be Mathew Raino, vice-president, commercial surety, and Ryan Field, assistant vi...
DATE: Mar 10, 2011
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CATEGORY:
Reinsurance
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NEW YORK (Bloomberg) Maurice (Hank) Greenberg, the former American International Group Inc chief executive officer, claimed the judge presiding over a New York state lawsuit against him is biased and must step down from the case, according to court p...
DATE: Mar 10, 2011
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CATEGORY:
Reinsurance
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Shares of Bermuda-based insurer Omega Insurance Holdings Ltd plunged nearly 18 percent yesterday after the firm posted a record loss.
Omega said it lost $42.8 million last year, compared with a profit of $43.6 million in 2009, mainly because of claim...
DATE: Mar 09, 2011
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CATEGORY:
Other
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RenaissanceRe chief executive officer Neill Currie sees the possibility of upward pressure on reinsurance rates for mid-year property-catastrophe renewals.
The combination of fear in the market after expensive catastrophes earlier in the year in Aust...
DATE: Mar 09, 2011
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CATEGORY:
Reinsurance
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Virtually all asset classes gave positive returns in 2010, said Premier and Finance Minister Paula Cox yesterday as she reported on the performance of the Public Pension Funds.
At the end of last December:
- Contributory Pension Fund’s assets totalle...
DATE: Mar 09, 2011
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CATEGORY:
Other
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AUTHOR:
Tim Smith
KeyTech Ltd. jumped 12.74 percent (79 cents) to $6.99 on The Bermuda Stock Exchange (BSX) yesterday.
The telecommunications provider traded 700 shares during the day.
The Ascendant Group Ltd. also climbed 3.44 percent (50 cents) to $15 with 300 share...
DATE: Mar 09, 2011
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CATEGORY:
Bermuda Stock Exchange
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PartnerRe Ltd. has estimated losses of between $180 million and $240 million from the earthquake that shook New Zealand last month.
The initial estimate of expected losses relates to the M6.3 earthquake which occurred near Christchurch on February 21...
DATE: Mar 09, 2011
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CATEGORY:
Reinsurance
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Endurance Specialty Holdings CEO David Cash has been elected chairman of Business Bermuda by the board of directors, it was announced yesterday.
Mr Cash replaces Vicki Coelho who recently completed her two-year term as chairman.
In his new role, Mr C...
DATE: Mar 09, 2011
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CATEGORY:
Other
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