76454 results returned for search: "" category "Business"
Aspen Insurance Holdings Limited has launched a custom-developed risk management platform to identify the concentration of exposures across its reinsurance and insurance portfolios.
The bespoke solution developed specifically for Aspen by Risk Manage...
DATE: Aug 15, 2007
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Hurricanes are an occupational hazard for staff and managers of Bermuda's Lido seafront restaurant. The dining complex, including the famous Mickey's bistro on the beach, suffered hefty damage in 2003's Hurricane Fabian.
It has taken around $12 milli...
DATE: Aug 15, 2007
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AUTHOR:
Scott Neil
-captures. Mortality experience in our North American segment was favorable to plan for the second consecutive quarter. We also exited our Middle Eastern business through a retrocession arrangement with Arab Insurance Group because that business did ...
DATE: Aug 15, 2007
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After a five-day extension to allow a complete analysis and calculation of tax benefits from redomesticating of its Orkney Re unit from South Carolina to Delaware, Bermuda-based Scottish Re Group has reported a profit of $99.5 million for the second ...
DATE: Aug 15, 2007
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AUTHOR:
Scott Neil
Belco Holdings illuminated a quiet day's trading on the Bermuda Stock Exchange Index.
The Island's electricity suppliers saw their share value soar 50 cents (2.2 percent) up to $23 at close of play, with 100 shares being traded.
The only other mover ...
DATE: Aug 15, 2007
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Delays in securing building permits has meant that ground-breaking for a new multi-million dollar desalination water plant at Tynes Bay has only just begun.
But an overall target completion and commissioning date for February next year remains on sch...
DATE: Aug 14, 2007
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AUTHOR:
Scott Neil
NEW YORK (Bloomberg) — Blackstone Group LP, manager of the world's largest private-equity fund, said second-quarter earnings more than tripled as revenue increased during a record year for leveraged buyouts.
Net income was $774 million compared with ...
DATE: Aug 14, 2007
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Ace Overseas General yesterday announced the formation of a new international construction practice group to address the world's growing regional commercial construction and infrastructure activity.
Ace International Construction aligns new and exist...
DATE: Aug 14, 2007
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Bermuda's reinsurers feature highly in the world's top 35 reinsurance groups, according to AM Best's latest report.
The ratings agency have listed three companies with a presence in Bermuda in the top 10 alone, including Hannover Re, Everest Re Group...
DATE: Aug 14, 2007
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Everest Capital Ltd will vote against a merger involving Norwegian marine geophysical company Wavefield Inseis ASA and TGS-NOPEC because the current proposed deal does not bring maximum value for shareholders.
The Hamilton-based company urged the boa...
DATE: Aug 14, 2007
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