76384 results returned for search: "" category "Business"
A unit of Ace Ltd. is thought to have led the insurance cover for Spanair, the airline whose plane crashed in Madrid yesterday, according to market sources.
The website of trade publication Business Insurance reported yesterday afternoon that the Ace...
DATE: Aug 21, 2008
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Bermuda-based run-off company Enstar Group Ltd. has been successful in its bid to acquire the majority of shares held in failed reinsurer Goshawk Insurance Holdings plc.
Goshawk, which is based in London, placed its Bermudian reinsurance subsidiary, ...
DATE: Aug 21, 2008
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LONDON (Bloomberg) — Bermuda-based Golden Ocean Group Ltd., the commodities shipping line whose chairman is Norwegian billionaire John Fredriksen, said second-quarter profit gained eightfold after freight costs advanced.
Net income rose to $201 milli...
DATE: Aug 21, 2008
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LONDON (AP) - Britain's competition watchdog said it may force airports operator BAA to sell three of its seven airports around the country - including two in London - following fierce criticism of the company for poor customer service, overcrowding ...
DATE: Aug 21, 2008
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XL Insurance yesterday announced the appointment of David Molitano to the new position of technology errors and omissions (E&O) manager in its Select Professional underwriting group. Mr. Molitano reports to Donald Allard, XL Insurance's chief underwr...
DATE: Aug 20, 2008
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LONDON (AP) — British mortgage lender Alliance & Leicester urged shareholders yesterday to accept a $2.4 billion takeover offer from Spain's Banco Santander as the best protection for their investment amid extreme financial market turbulence and the ...
DATE: Aug 20, 2008
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Hannover Life Reassurance Bermuda Ltd. (HLR), one of the newest entrants to the Island's insurance market, has been assigned excellent ratings with a positive outlook by rating agency AM Best.
HLR, a subsidiary of German reinsurance giant Hannover Re...
DATE: Aug 20, 2008
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Global insurance broker Willis Group Holdings has announced the appointment of Vince McGeehan as executive vice-president and managing director of Willis Bermuda.
Willis has also named Kevin Geraghty as senior vice-president and property practice lea...
DATE: Aug 20, 2008
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Bermuda's budding young business people took centre stage at the 2008 Youth Entrepreneurship Initiative of Bermuda (YEIB) BizCamp Prize Giving ceremony.
A total of 15 Bermudian entrepreneurs whose business plans were judged the best of the 2008 BizCa...
DATE: Aug 20, 2008
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Start-up Canadian life reinsurance outfit Aurigen Reinsurance Company Ltd. and its Bermuda unit have been assigned 'excellent' ratings by AM Best.
Aurigen and Aurigen Reinsurance Ltd. (Hamilton, Bermuda) received a financial strength rating (FSR) of ...
DATE: Aug 20, 2008
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