76472 results returned for search: "" category "Business"
Quanta Capital Holdings will pay former executive Michael J. Murphy $2 million as he departs the three-old-company which placed the bulk of its insurance and reinsurance business into runoff earlier this year.
Mr. Murphy became chief operating office...
DATE: Aug 08, 2006
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(Bloomberg) ? C.V. Starr & Co., a group of insurance agencies run by former American International Group Inc. chairman Maurice ?Hank? Greenberg, sued three of its ex-executives, claiming they stole trade secrets and poached employees for AIG.
A compl...
DATE: Aug 08, 2006
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A year after revealing the results of the 2003 International Monetary Fund review of the Island?s regulatory regime, the Bermuda Monetary Authority is already preparing for another IMF visit.
IMF reviewers are due to visit Bermuda, alongside more tha...
DATE: Aug 07, 2006
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WASHINGTON (Dow Jones/AP) ? The US trustee overseeing Refco Inc.?s bankruptcy case has split a committee representing the company?s unsecured creditors, segregating members with a special interest in the affairs of a key Bermuda-based unit.
The trust...
DATE: Aug 07, 2006
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XL Capital Ltd. is to develop a new, integrated European platform for its reinsurance operations, centred around a new company being established in Dublin. Branch offices will be located in the UK, France, Spain and German, according to Insurance Jou...
DATE: Aug 07, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained 219.346 points last week to close at 4,913.88.
During a short week of trading due to the Cup Match holiday, Belco was the only issue to advance, gaining 50 cents to close at $41.50 on volume of 14...
DATE: Aug 07, 2006
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NEW YORK ? Bermuda-based Insurance provider Endurance Specialty Holdings Ltd. said a subsidiary has acquired $235 million in collateralised catastrophic reinsurance.
Endurance Specialty Insurance Ltd. bought the reinsurance from Cayman Islands-based ...
DATE: Aug 07, 2006
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(Bloomberg) ? Scottish Re Group Ltd., whose shares fell 75 percent after it released a forecast and announced its chief executive officer resigned, said its second-quarter operating loss was $130.3 million.
On July 31, Scottish said it expected to re...
DATE: Aug 07, 2006
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(Bloomberg) ? White Mountains Insurance Group Ltd. said it will raise as much as $500 million by selling shares of unit OneBeacon Insurance Group in an initial public offering.
White Mountains will list the shares as ?OB? on the New York Stock Exchan...
DATE: Aug 07, 2006
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Earnings Calls:
PXRE Group Limited.
August 7. PXRE Group Limited will release its 2006 second quarter financial results after the market closes.
PXRE will host a live webcast of the conference call on August 8, available online at www.pxre.com. Int...
DATE: Aug 07, 2006
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