76514 results returned for search: "" category "Business"
Bermuda-based reinsurer Montpelier Re Holdings Ltd. said yesterday that it expects to report strong first quarter earnings as a result of low losses.
Montpelier Re president and chief executive officer Anthony Taylor said the company will announce it...
DATE: Apr 24, 2003
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Bermuda-based IPC Holdings, the property catastrophe reinsurer, has announced impressive first quarter profits of $67.5 million. The results for the quarter ended March 31 showed a rise of over $20 million in net income from the same period last year...
DATE: Apr 24, 2003
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NEW YORK (Dow Jones/AP) - Marsh & McLennan Cos., the world's largest insurance broker, yesterday reported a six percent jump in first-quarter profit, boosted by higher premiums and more demand for insurance.
New York-based Marsh & McLennan, which mai...
DATE: Apr 24, 2003
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OSLO (Reuters) - Royal Caribbean Cruises, the world's number two cruise operator, beat analyst forecasts yesterday with first-quarter earnings per share in line with a year earlier, but said the outlook was tough.
The Norwegian-American, Miami-based ...
DATE: Apr 24, 2003
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Arch Insurance Group, a division of Bermuda-based Arch Capital Group Ltd., yesterday said Jerry Vasquez has been named to the position of managing director, offshore energy.
As part of his new role at Arch, Mr. Vasquez will be working with Lesley Har...
DATE: Apr 23, 2003
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Getting ahead in the insurance field is as much a matter of attitude as aptitude, according to one of the Island's most successful executives.
Self belief is key, says Fiona Luck, who was recently named 2003 Insurance Woman of the Year by the Associa...
DATE: Apr 23, 2003
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Weak equity markets and low interest rates continued to make it harder for financial institutions to match the plump profits of previous years.
Yesterday, the Bank of Bermuda announced good first quarter results with profits of $21.6 million, down fr...
DATE: Apr 23, 2003
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NEW YORK (Dow Jones) - The casualty insurance market should experience pretty good conditions - improving rates and tighter terms and conditions - in 2003 and 2004, Everest Re Group Ltd.'s (RE) chief executive said yesterday.
On a conference call wit...
DATE: Apr 23, 2003
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Captive insurance growth around the world was relatively flat in 2002, in spite of a record number if new company formations, according to a new study by the AM Best ratings agency.
Best said in "Sizing Up the Captive Market: Growth in the Number of ...
DATE: Apr 23, 2003
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Troubled Bermuda-based life reinsurer Annuity and Life Re (Holdings), Ltd. yesterday announced that it has been warned it will be delisted from the New York Stock Exchange if its share prices does not improve.
Annuity said it had received a notice fr...
DATE: Apr 23, 2003
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