76472 results returned for search: "" category "Business"
ACE Ltd.?s decision to stop paying contingent commissions to insurance brokers has led to a ?constant argument? with brokers that still accept them, according to the chairman of ACE Ltd.
Brian Duperreault, speaking at a conference on business ethics ...
DATE: Nov 01, 2005
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ACE Limited has closed down its Strategic Initiatives unit, a Bermuda-based division that advised the company?s operating units on strategic planning, resulting in one employee redundancy.
The division was formed several years ago, and was headed by ...
DATE: Nov 01, 2005
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Market speculation that a current upturn in property rates will be short-lived fails to take into account the likelihood that intense hurricanes will continue for the long term, a top insurer said last week.
And catastrophe models used by insurers an...
DATE: Nov 01, 2005
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CEO Robert J. Cooney and Keith S. Hynes, Chief Financial Officer, will host a conference call at 10 a.m. (EST) to discuss the Company?s third quarter financial results with interested investors and shareholders. In the US call 1-800-291-5365. For int...
DATE: Oct 31, 2005
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PXRe Group Ltd., a Bermuda reinsurer, on Thursday said it was posting a third-quarter net loss of $317.34 million after the company sustained heavy catastrophe losses, particularly from hurricanes Katrina and Rita.
The loss was equal to $11.17 a shar...
DATE: Oct 31, 2005
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Max Re Capital beat analysts? estimates on Friday when it reported a third quarter loss of $41 million or 89 cents a share against a net loss of $9.02 million, or two cents a share, in the year-ago period.
Analysts polled by Thomson First Call had es...
DATE: Oct 31, 2005
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The Royal Gazette/Bermuda Stock Exchange Index fell 22.447 points last week to close at 3,759.23 in a quiet week of trading.
Index bellwether Butterfield Bank declined 50 cents on volume of 12,991 to close at $45.25 and Devonshire Industries fell 25 ...
DATE: Oct 31, 2005
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DATE: Oct 31, 2005
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Insurance investors will be watching XL Capital?s release of its third quarter results carefully tonight after the company said it expected to pay almost $1.5 billion catastrophe losses in the period.
XL, which will report earnings aftter the market ...
DATE: Oct 31, 2005
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The Royal Gazette/Bermuda Stock Exchange Index fell 12.21 points yesterday to close at 3,759.23
On a quiet day the only trading activity was Bank of Butterfield declining 25 cents to close at $45.25 as investors traded in 6,390 shares.
The total valu...
DATE: Oct 29, 2005
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