75998 results returned for search: "" category "Business"
Bermuda-based re/insurer Alterra Capital Holdings expects to make a full-year profit of around $300 million for 2010, the company announced yesterday.
In a letter to shareholders, published yesterday, Alterra chief executive officer Marty Becker said...
DATE: Jan 28, 2011
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CATEGORY:
Reinsurance
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NEW YORK (Bloomberg) Pulsar Re Ltd, a Bermuda-based reinsurance company, filed a lawsuit accusing Lehman Brothers Holdings Inc of looting $450 million in cash that was supposed to be held in a segregated account.
Lehman took the cash in a “one-sided ...
DATE: Jan 28, 2011
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CATEGORY:
Reinsurance
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ATLANTA (Reuters) - Improving business travel in a recovering economy helped two major US airlines top Wall Street profit estimates, signaling that the industry’s recovery from a years-long slump is on a solid footing.
United Continental Holdings, th...
DATE: Jan 27, 2011
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CATEGORY:
Other
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Bermuda bond insurer Assured Guaranty Ltd will host a conference call and webcast on the topic of Standard & Poor’s Ratings Services’ proposal to change its criteria for rating financial guaranty insurance companies.
Yesterday the company’s shares fe...
DATE: Jan 27, 2011
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CATEGORY:
Reinsurance
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Ironshore’s Pembroke Syndicate 4000 has announced that Marc McLean has joined its personal accident and health insurance business.
Mr McLean will serve as head of the personal accident division, reporting to Timothy Glover, active underwriter of Pemb...
DATE: Jan 27, 2011
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CATEGORY:
Reinsurance
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A local entrepreneur has set up a business offering cash for unwanted gold jewellery.
James Gilbert said the Bermuda Gold Exchange, which is operating now from its collection point inside the Gorham's hardware store on St John's Road, could help peop...
DATE: Jan 27, 2011
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CATEGORY:
Personal Finance
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Bermuda-based insurer Catlin Group Ltd. is set to launch the latest part of its study into the potentially contributing conditions in the Arctic Ocean that cause climate change across the world.
The Catlin Arctic Survey, which is being sponsored by t...
DATE: Jan 27, 2011
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CATEGORY:
Reinsurance
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Argus Group Holdings Ltd. dropped 5.17 percent (30 cents) to $5.50 on The Bermuda Stock Exchange (BSX) yesterday.
The insurer traded 1,415 shares during the day.
Butterfield Bank, meanwhile, rose 3.2 percent (four cents) to $1.29, as 2,000 shares cha...
DATE: Jan 27, 2011
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CATEGORY:
Bermuda Stock Exchange
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Motorists will be able to earn rewards while they fill up their tanks or shop in the store thanks to a new scheme launched by RUBiS Energy Bermuda.
The RUBiS Rewards Programme, which goes live across all 12 of the company’s service stations on Tuesda...
DATE: Jan 27, 2011
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CATEGORY:
Local Business
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DAVOS, Switzerland (AP) It has been the question of the day at every high-powered international gathering for two years: Are we out of the woods? The answer at this year’s World Economic Forum appears to be an optimistic “Yes, but...”
The world may h...
DATE: Jan 27, 2011
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CATEGORY:
Economy
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