3082 results returned for search: "" category ("International Business" AND "Business")
Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Limited, has announced the appointment of Jamie Lewis as head of its casualty reinsurance business in London.
In a press release, Aspen said Mr Lewis will be responsible for devel...
DATE: Oct 01, 2013
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CATEGORY:
International Business
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A Bermuda international business is aiming to rake in more than $100 million through a permanent syndicate at Lloyd’s of London.
Ironshore, an island-based insurance and reinsurance company, is to become the first firm to convert a special purpose s...
DATE: Oct 01, 2013
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CATEGORY:
International Business
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Conyers Dill & Pearman have announced that they provided Bermuda legal advice to Tsakos Energy Navigation Limited (TEN) on its public offering of up to $50 million of 8 to 7/8 percent Series C Cumlative Redeemable Perpetual Preferred Shares.
The Berm...
DATE: Oct 01, 2013
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CATEGORY:
International Business
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XL Group says July hailstorms in Germany and France cost the company about $60-million before tax.
The re/insurer, led by CEO Mike McGavick, said most of the losses were in the reinsurance segment.
PartnerRe has previously said it estimated the cost ...
DATE: Sep 30, 2013
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CATEGORY:
International Business
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The Lloyd’s of London insurance market saw its pre-tax first-half profit decline as falling bond prices hit investment returns, offsetting robust trading by its members.
In a trading statement today, Lloyd’s said that investment returns fell to 247 m...
DATE: Sep 27, 2013
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CATEGORY:
International Business
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Validus Holdings is setting up a Swiss underwriting company, transforming the existing operations of Flagstone Reassurance Suisse.
The company will be renamed pending regulatory approval and will enhance Validus Re’s global underwriting platform incl...
DATE: Sep 27, 2013
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CATEGORY:
International Business
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A.M. Best Co. reported that it has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to ‘a’ from ‘a-’ of Flagstone Reassurance Suisse S.A.
The outlook for both ratings is stable.
Best said: “The ...
DATE: Sep 27, 2013
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CATEGORY:
International Business
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AM Best Co has announced they have upgraded the financial strength rating to A+ (Superior) from A (Excellent) and issuer credit ratings (ICR) to ‘aa-’ from ‘a+’ of AXIS Specialty Limited (AXIS) and its operating affiliates.
Concurrently, AM Best has ...
DATE: Sep 26, 2013
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CATEGORY:
International Business
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Tokio Millennium has given a third donation of $10,000 to support BFIS, the Bermuda Foundation For Insurance Studies.
It is the third donation to BFIS from the global reinsurer.
BFIS Chairman, Michael Fisher thanked Tatsuhiko Hoshina, president and C...
DATE: Sep 25, 2013
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CATEGORY:
International Business
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In a senior executive reshuffle, Aon Plc has named Eric Andersen head of the Aon Benfield reinsurance operation and Mike O’Connor to lead the Aon Risk Solutions unit.
Both executives will report to Steve McGill, group president of Aon and chief execu...
DATE: Sep 25, 2013
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CATEGORY:
International Business
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