76472 results returned for search: "" category "Business"
Quanta Capital Holdings ? a Bermuda reinsurer that has seen a wave of senior resignations including its chief executive officer and chief financial officer quitting in the last six months ? yesterday said chief claims officer Mark Cloutier left the c...
DATE: Jan 31, 2006
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NEW YORK (Reuters) ? American International Group Inc. yesterday won court permission to temporarily block a firm run by former chairman Maurice ?Hank? Greenberg from luring insurance clients from the world?s largest insurer.
Greenberg?s firm, C.V. S...
DATE: Jan 31, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained 24.43 points yesterday to close at 4,004.20.
On a quiet day of trading Butterfield Bank was on the move rising 50 cents to close at $48.50 on volume of 451 shares.
While no other issues changed pr...
DATE: Jan 31, 2006
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Standard & Poor's Ratings Services has assigned its preliminary "BBB" senior debt, "BBB-" subordinated debt, "BB+" junior subordinated, and "BB+" preferred stock ratings to Endurance Specialty Holdings Ltd.'s recently filed universal shelf registrati...
DATE: Jan 30, 2006
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NEW YORK (Bloomberg) ? XL Capital Ltd. said on Friday that Joseph Mauriello, former deputy chairman and chief operating officer of KPMG LLP, joined XL?s board of directors.
Mauriello, who specialiSed in serving global financial clients, was also chie...
DATE: Jan 30, 2006
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Bermuda-based Everest Re Group. Ltd. (RE) on Monday swung to a net loss in the fourth quarter, hurt by hurricane claims.
The company, which kicked off the Bermuda insurance earnings season, posted a net loss of $162.2 million or $2.63 a share, compar...
DATE: Jan 30, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained 40.067 points or 1.01 percent last week to close at 3,979.76 after hitting its all-time high on Thursday.
During a week of active trading Butterfield Bank rose $1.30 to close at $48 as investors t...
DATE: Jan 30, 2006
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Bermuda Aviation Services Ltd. is set to raise an additional $15.8 million in capital through a rights issues to its shareholders.
The board of directors of BAS said on Friday that it would offer shareholders of record on Tuesday, January 31 the righ...
DATE: Jan 30, 2006
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LONDON (Bloomberg) ? Aquarius Platinum Ltd., which digs for platinum in South Africa and Zimbabwe, said fourth-quarter output at its Kroondal mine rose to a record as its new plant processed more material.
Kroondal, located in South Africa's Bushveld...
DATE: Jan 30, 2006
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Platinum Underwriters Holdings Ltd. said Robert S. Porter will be appointed chief executive officer of its Bermuda reinsurance subsidiary, Platinum Underwriters Bermuda, Ltd., pending Immigration approval.
He currently serves as CEO and managing dire...
DATE: Jan 30, 2006
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