76441 results returned for search: "" category "Business"
The future looks bright for Bermudian students aiming to get into the global financial services and insurance industry in Halifax, Nova Scotia if the Faculty of Management at Dalhousie University's latest careers event is anything to go by.
For the f...
DATE: Nov 06, 2007
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MUNICH (Bloomberg) — Munich Re, the world's second-biggest reinsurer, reported a 69 percent increase in third-quarter profit, buoyed by a tax gain, and said it may surpass an earnings forecast for this year.
Net income rose to 1.2 billion euros ($1.7...
DATE: Nov 06, 2007
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Max Capital Group Ltd. more than doubled its profits for the third quarter 2007 compared to last year due to solid unwriting and sound investments in the face of the growing credit crisis and sub-prime mortgage exposures.
The Hamilton-based specialty...
DATE: Nov 06, 2007
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OneBeacon Insurance Group Ltd. boosted its profits by almost $10 million for this year's third quarter compared to 2006, mainly down to good returns on its investments and minimal catastrophe losses.
The firm, which is based in Hamilton and was found...
DATE: Nov 06, 2007
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Bermuda-based Old Mutual (Bermuda) Ltd. ("OMB") has formed a joint venture with Abu Dhabi's First Gulf Bank (FGB) to offer investment plans designed to meet the financial needs of First Wealth clients, FGB's dedicated wealth management Services, who ...
DATE: Nov 06, 2007
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Validus Holdings Ltd. almost doubled its profits for the third quarter 2007, thanks largely to strong underwriting and improved capital usage.
The insurer/reinsurer saw its net income climb from $69.7 million or $1.19 per diluted common share in the ...
DATE: Nov 06, 2007
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NEW YORK (Bloomberg) — Maurice (Hank) Greenberg, ousted as chief executive officer of American International Group Inc. two years ago, began a campaign to shake up the insurer's management after the stock fell 18 percent this year.
Greenberg, 82, AIG...
DATE: Nov 05, 2007
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The Royal Gazette / Bermuda Stock Exchange Index registered a half-percent rise last week, thanks largely to rises of share values in the insurance sector.
BF&M Ltd. was the second biggest riser on the exchange, climbing 50 cents (2.58 percent) to re...
DATE: Nov 05, 2007
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Bermuda-based Aspen Insurance Holdings Ltd. benefited from improved investment income as it reported a 36.8 percent improvement in net income for the first nine months of the year on Friday.
Aspen had record net income of $353.8 million for the first...
DATE: Nov 05, 2007
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Former Governor of Bermuda Sir John Vereker has been appointed to the boad of directors ofBermuda-based insurer XL Capital Ltd.
Sir John, who retired as Governor in October after holding the post since 2002, had previously been the UK's Permanent Sec...
DATE: Nov 05, 2007
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