77164 results returned for search: "" category "Business"
Alterra Capital Holdings Ltd. has announced the appointment of Andrew Cook as president of Alterra Bermuda Ltd.
Marston (Marty) Becker, president and CEO of Alterra, said: "With our integration process nearing completion, Andrew Cook, currently ...
DATE: Oct 22, 2010
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CATEGORY:
International Business
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A new player has joined the Bermuda international insurance market with the launch yesterday of Paraline Group Ltd.
The new company has been established by the executive team of US insurer ICAT Holdings, led by chairman and chief executive officer Ja...
DATE: Oct 22, 2010
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CATEGORY:
International Business
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NEW YORK (AP) - Airline stocks helped lead a market rebound yesterday that nearly erased Tuesday's big-sell off brought on by concerns over a slowdown in China.
Stocks rose as traders saw overnight gains in China as an encouraging sign that the count...
DATE: Oct 21, 2010
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CATEGORY:
Other
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Bermuda-based Platinum Underwriters Holdings Ltd.'s third-quarter earnings fell 14 percent on an estimated loss of $28.5 million from last month's earthquake in New Zealand.
Last night the reinsurer announced net earnings of $93.7 million for July th...
DATE: Oct 21, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Catlin Canada, the Canadian-based operations of Catlin Group Ltd., is set to open offices in Vancouver and Montreal next month.
The new offices will target business which complements the key classes of insurance already written by Catlin Canada's exi...
DATE: Oct 21, 2010
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CATEGORY:
Other
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Lancashire Holdings Ltd. has announced the resignation of Jens Juul as a director of the company.
Mr. Juul will continue to act as non-executive chairman of Lancashire Insurance Company Ltd., the company's Bermuda operating subsidiary.
Martin Thomas,...
DATE: Oct 21, 2010
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CATEGORY:
Other
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TORONTO (Reuters) - Toronto's main stock index rebounded yesterday as gold miners and financials were strong performers in a broad rally, one day after the index slumped on an unexpected Chinese interest rate hike.
Gold prices rallied as investors as...
DATE: Oct 21, 2010
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CATEGORY:
Other
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NEW YORK (Bloomberg) — The US government's bailout of financial firms through the Troubled Asset Relief Programme provided taxpayers with higher returns than yields paid on 30-year Treasury bonds — enough money to fund the Securities and Exchange Com...
DATE: Oct 21, 2010
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CATEGORY:
Other
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Butterfield Bank dropped 2.68 percent (four cents) to $1.45 on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 1,030 shares during the day.
Overall the Index fell 19.14 points (1.51 percent) to 1,244.75, with 1,030 shares worth $1,493.50 ...
DATE: Oct 21, 2010
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CATEGORY:
Other
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Net income: $93.7 million compared to $109.5 million in the third quarter of 2009.
Net premiums written: $199.4 million compared to $243.6 million in 2009.
Combined ratio: 68.1 percent compared to 72.3 percent in 2009.
DATE: Oct 21, 2010
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CATEGORY:
Other
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