76504 results returned for search: "" category "Business"
Announcements by Bermuda-based insurers and reinsurers of claims or impact on earnings from this year's hurricane season (in millions of dollars):
IPC 100 (impact on earnings)
Axis Capital 190-210 (impact on earnings)
Platinum 140 (impact on earnings...
DATE: Oct 13, 2004
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The Royal Gazette/Bermuda Stock Exchange Index yesterday fell 13.33 points to finish the day at 3,146.32.
Butterfield Bank led trading with 7,100 shares moving, while investors pushed down the shares ten cents to $40.40.
BF&M Ltd. shareholders traded...
DATE: Oct 13, 2004
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The Royal Gazette/Bermuda Stock Exchange yesterday gained 10.30 points yesterday to close at 3,159.74.
Investors of Butterfield Bank traded 8,800 pushing up the price ten cents to $40.50. Argus Insurance Co. Ltd. saw 800 shares trade at an unchanged ...
DATE: Oct 12, 2004
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Alea Group Holdings, a specialty insurer and reinsurer, announced from Bermuda that the estimated impact on earnings of recent hurricane activity in the United States and the Caribbean would be approximately $55 million (30.9 million) on a pre-tax ba...
DATE: Oct 12, 2004
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Carole Holding may be best known for her paintings and prints of Bermuda ? but in a recent move, she has swapped her paint brush for a mixing spoon with the launch of a line of Bacardi rum-flavoured cakes.
Trained originally as a chef, Mrs. Holding s...
DATE: Oct 12, 2004
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Robert Mulderig knows a thing or two about reinsurance disputes after the company he once ran ? Mutual Risk Management ? was effectively put out of business because reinsurers stopped paying claims from its US insurance units; even the "day-in and da...
DATE: Oct 12, 2004
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Bermuda residents saw the cost of living jump again in August with inflation rising to a high for the year of 3.8 percent.
The steep increase was revealed yesterday in Government's Consumer Price Index which showed that the average cost of goods and ...
DATE: Oct 12, 2004
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Top reinsurance executives called on their own to write better contracts with ceding insurers in an attempt to cut down on the massive number of disputes currently in arbitration.
Although the confidential nature of the arbitration process ? commonly...
DATE: Oct 12, 2004
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Bermuda's balance of payments recorded a surplus of about $10 million in the first quarter compared to a deficit of $19 million a year ago.
This according to economic figures for the three-month January through March period released on Friday by the ...
DATE: Oct 11, 2004
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Legal experts Terry O'Neill and Jan Woloniecki are predicting that the second edition of their authoritative textbook on reinsurance law will sell out and require a second printing.
Before even launching "The Law of Reinsurance" at a reception on Fri...
DATE: Oct 11, 2004
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