77160 results returned for search: "" category "Business"
Validus Holdings Ltd is reportedly in takeover talks with fellow Bermuda reinsurer Ariel Re, according to a report in the UK trade press.
The Insurance Insider cites sources who claim that Ariel Re has invited Validus to undertake due diligence on th...
DATE: Feb 15, 2011
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CATEGORY:
Reinsurance
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Bermuda-based re/insurer Arch Capital Group Ltd said yesterday that fourth-quarter profit fell 20 percent after the company paid out $22.5 million in losses related to December’s Australian floods.
Arch said net income for the October through Decembe...
DATE: Feb 15, 2011
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CATEGORY:
Reinsurance
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Flagstone Reinsurance Holdings SA said fourth-quarter profits slumped 77 percent to $15 million, compared to same period of 2009, as catastrophe losses took their toll.
The company revealed last week that it expected Australian flood losses in Decemb...
DATE: Feb 15, 2011
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CATEGORY:
Reinsurance
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Age: 24
Role: Corporate care supervisor, Digicel Bermuda
What is your job? I am the “go to” person when a corporate client is in need. I facilitate account audits to highlight potential savings, process new activations, replacement stock, repair devi...
DATE: Feb 15, 2011
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CATEGORY:
Bermuda Works
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US President Barack Obama yesterday proposed a move that would increase the US tax paid by some Bermuda-based reinsurers and clamp down on multinational companies using offshore entities for “earnings stripping”.
The moves were outlined in the Presid...
DATE: Feb 15, 2011
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CATEGORY:
International Business
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The start of any new year is typically a time for review and assessment. Unfortunately with the phrases “down turn economy”, “hard economic times” , “redundancy” and “layoff” becoming more commonplace, review and assessment take on a whole new meanin...
DATE: Feb 15, 2011
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CATEGORY:
Bermuda Works
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Rita Healy has been appointed the hotel manager of the Fairmont Southampton resort.
Ms Healy, who will direct rooms, food and beverage and leisure operations, for the 593-room hotel, has experience of working in management roles at several other Fair...
DATE: Feb 14, 2011
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CATEGORY:
Other
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Insurance sector rivals BF&M Ltd and Argus Group Holdings Ltd moved in opposite directions on the Bermuda Stock Exchange last week.
BF&M was the biggest climber on the domestic board, as its share price gained 85 cents, or 6.1 percent, to close at $1...
DATE: Feb 14, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based re/insurer Everest Re Group Ltd has expanded its insurance operations in Canada.
The company announced on Friday that its subsidiary, Everest Reinsurance Company, acquired Premiere Underwriting Services (Premiere), a managing general ag...
DATE: Feb 14, 2011
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CATEGORY:
Reinsurance
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As technology makes the world increasingly interconnected, cyber liability is one of the biggest emerging commercial risks.
Leaks of credit card information, hackers who vandalise websites for fun, lost laptops and multiplying malware - all are compu...
DATE: Feb 14, 2011
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CATEGORY:
Reinsurance
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