76382 results returned for search: "" category "Business"
Bermuda's insurance industry may have to pay out as much as $2.83 billion for claims due to the devastation wreaked by Hurricanes Gustav and Ike.
Axis Capital Holdings Ltd. led the way with combined estimates for both hurricanes of between $310 milli...
DATE: Oct 14, 2008
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Age: 43
Role: Assistant Business Centre Leader
What is your job? I am responsible for all elements of the supply chain operation to satisfy customer needs and attain corporate process goals.
What is your favourite part of the job? Learning something ...
DATE: Oct 14, 2008
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XL Capital Ltd., the Bermuda-based business insurer whose stock is down 86 percent this year, jumped in New York trading amid speculation the company may have to consider a sale, according to an analyst.
XL surged $2, or 36.83 percent, to close at $7...
DATE: Oct 14, 2008
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NEW YORK (Reuters) — Governments around the world bet hundreds of billions of dollars to rescue failing banks yesterday, sending world stocks soaring and giving Wall Street its biggest one-day gain ever.
The US government is set to buy $250 billion i...
DATE: Oct 14, 2008
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XL Capital Ltd. shares soared more than 70 percent by lunchtime today — even after the company announced it had lost an estimated $1.6 billion in the three months from July through September.
Separately, the company said that its chairman Brian O'Har...
DATE: Oct 14, 2008
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AUTHOR:
Jonathan Kent
Bermuda reinsurer Max Capital Group said yesterday its will be changing its alternative investments strategy after third quarter results showed the company's return on that portfolio to have dropped 12.93 percent for the third quarter.
The return on ...
DATE: Oct 14, 2008
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WASHINGTON (Reuters) - The financial fallout from Lehman Brothers Holdings' bankruptcy outside the United States has been about $300 billion, the head of Germany's financial regulator said yesterday, adding that banks in future will face tighter over...
DATE: Oct 14, 2008
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Clive Tobin has been named chief executive of Bermuda-based specialty insurer Torus Insurance Holdings Ltd.
Mr. Tobin will succeed David Hope as CEO effective from January 1, 2009. Mr. Hope will remain as chief underwriting officer.
Most recently, Mr...
DATE: Oct 14, 2008
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Strands Skin Spa and Health Salon is celebrating its 30th anniversary this year.
Since its inception in December 1978, the hair and beauty salon has relocated from Bermudiana Road to Reid Street and grown from five to 35 employees.
And this year it m...
DATE: Oct 14, 2008
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Ace Bermuda announced last week that it was increasing capacity on integrated occurrence coverage by $50 million.
"Ace Bermuda is pleased to offer this additional $50 million capacity for Integrated Occurrence coverage," said Rees Fletcher, president...
DATE: Oct 14, 2008
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