77160 results returned for search: "" category "Business"
NEW YORK (Bloomberg) Insurance losses from the Japanese earthquake may be large enough to turn prices for catastrophe cover that have been falling for two years, according to analysts, brokers and underwriters.
Insurers and reinsurers face claims of ...
DATE: Mar 16, 2011
|
CATEGORY:
Reinsurance
|
Bermuda-based re/insurer Aspen Insurance Holdings Ltd said yesterday it had no “known exposure” to property damage, business interruption or liability for any nuclear incidents arising from last Friday’s Japanese earthquake.
Aspen added that it had s...
DATE: Mar 16, 2011
|
CATEGORY:
Reinsurance
|
Bermuda-based re/insurer Lancashire Holdings Ltd yesterday estimated losses of $45 million to $55 million relating to events that took place in the first quarter, not including last week’s Japanese earthquake and tsunami.
The company said that $15 mi...
DATE: Mar 16, 2011
|
CATEGORY:
Reinsurance
|
Flagstone Reinsurance Holdings, SA has significant reinsurance protection coverage for its Japan exposure and is currently assessing the impact of the earthquake and tsunami, its CEO David Brown revealed yesterday.
The company also announced prelimin...
DATE: Mar 16, 2011
|
CATEGORY:
Reinsurance
|
Stephen Todd has admitted he has some ‘unfinished business’ to attend to as he approachs the end of his term as Bermuda Chamber of Commerce president.
Mr Todd, who took over the role from Philip Barnett in April 2009 and is the first black Chamber bo...
DATE: Mar 16, 2011
|
CATEGORY:
Local Business
|
A taste of the East will be coming to St George after a new Chinese restaurant opened in the town this week.
Wong’s Golden Dragon Restaurant, which was officially launched yesterday, will offer a range of Mandarin and Szechuan specialities from start...
DATE: Mar 16, 2011
|
CATEGORY:
Other
|
Bermuda’s biggest paint producer has seen a significant shift in business from making paint for big construction projects to providing for more small DIY jobs.
That is according to David Swift, who runs the Pembroke Paint Company. He said that while...
DATE: Mar 16, 2011
|
CATEGORY:
Local Business
|
Ace Ltd last night estimated losses of between $200 million to $250 million from the Japanese earthquake.
The insurer also announced preliminary losses for the first quarter for the Ace Group of companies from natural catastrophes, including the New ...
DATE: Mar 16, 2011
|
CATEGORY:
Reinsurance
|
Losses for Bermuda and US re/insurers from last week’s Japanese earthquake will come in at $25 billion or less, according to a report released yesterday by Deutsche Bank.
“The Bermudan reinsurance market, which tends to specialise in property catast...
DATE: Mar 16, 2011
|
CATEGORY:
Reinsurance
|
Bermuda-based reinsurer Maiden Holdings Ltd said yesterday that it anticipates minimal, if any, losses related to last week’s earthquake and tsunami in Japan, or from this year’s flooding in Australia or last month’s earthquake in New Zealand.
Maiden...
DATE: Mar 16, 2011
|
CATEGORY:
Reinsurance
|
