76423 results returned for search: "" category "Business"
Leading risk modelling company AIR Worldwide Corporation yesterday suggested that a likely higher incidence of Atlantic storm activity does not necessarily equate to a risk of more hurricanes making landfall in the US.
Research by a team of AIR scien...
DATE: Jan 08, 2008
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AUTHOR:
Jonathan Kent
XL Re Ltd. announced yesterday that certain of XL's operating companies have entered into a quota share reinsurance treaty with a newly-formed Bermuda reinsurance company, Cyrus Reinsurance II Ltd.
Greg Hendrick, president and chief underwriting offi...
DATE: Jan 08, 2008
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Bermuda-based fund management company Lake Shore Asset Management Ltd. has been ordered to pay a fine of $25,000 a day by a US judge for failing to cooperate with an investigation into trading losses that have left investors being owed tens of millio...
DATE: Jan 08, 2008
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HAMILTON (BUSINESS WIRE) - Textainer Group Holdings Limited, the world's largest lessor of intermodal containers based on fleet size, has re-entered the refrigerated container market segment. Textainer has ordered 800, 40ft High Cube reefers with Car...
DATE: Jan 08, 2008
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HCC Insurance Holdings, which has offices in Bermuda, has acquired Indiana-based MultiNational Underwriters (MNU) and also been given approval to establish a new Lloyd's of London syndicate.
MNU provides international life, accident and health insura...
DATE: Jan 08, 2008
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JOHANNESBURG (Bloomberg) — Bermuda-based Aquarius Platinum Ltd. said its Marikana and Everest mines passed a national safety audit ordered by South African President Thabo Mbeki after the country's mineworker death toll climbed for the first time in ...
DATE: Jan 08, 2008
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NEW YORK (Bloomberg) — White Mountains Insurance Group Ltd., the Bermuda-based insurer, agreed to buy an affiliated business for $150 million after ending its reinsurance contract with the company because of lower demand for catastrophe coverage.
Whi...
DATE: Jan 08, 2008
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Bermuda-based Scottish Re Group could face being de-listed from the New York Stock Exchange (NYSE) after its share price dropped below the required minimum average of $1 for more than 30 days.
The global life reinsurer, which has businesses in Grand ...
DATE: Jan 08, 2008
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Bermuda-based XL Capital's Clive Tobin will step down as chief executive of insurance operations as the latest in a string of announced changes at the insurer.
The insurance giant announced yesterday that Mr. Tobin will be succeeded by David Duclos, ...
DATE: Jan 08, 2008
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Marsh & McLennan is reorganising its Marsh brokerage business under new chief executive officer Daniel Glaser, consolidating divisions and replacing key members of its management, the company said.
Phil Moyles, the CEO of the Americas brokerage opera...
DATE: Jan 08, 2008
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