76370 results returned for search: "" category "Business"
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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Bermuda-based Bacardi Ltd has announced the appointment of Caroline Basyn as global chief information officer.
Ms Basyn will be responsible for all information technology at Bacardi, including leading the company’s overall IT strategy and implementat...
DATE: Apr 29, 2011
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CATEGORY:
Other
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Bermuda’s balance of payments surplus grew in 2010 - helped by a nine percent decline in goods imports.
The Island’s current account, which represents the economic transactions between Bermuda people and companies and the rest of the world, showed a ...
DATE: Apr 29, 2011
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CATEGORY:
Economy
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C-Travel has been bought out by Canadian travel company Kensington Tours, The Royal Gazette can reveal.
The travel agency’s CEO Carl Paiva said that the takeover will put the company firmly on the map as a global player and open it up to 300 worldwid...
DATE: Apr 29, 2011
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CATEGORY:
Other
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