3082 results returned for search: "" category ("International Business" AND "Business")
RenaissanceRe Holdings has expanded its reinsurance operations with the launch of a US platform.
The Bermuda re/insurer said it has formed RenaissanceRe Underwriting Managers US LLC, a specialty reinsurance agency based in Connecticut, which will sup...
DATE: Jul 25, 2013
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CATEGORY:
International Business
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By Marina Mello
Montpelier Re Holdings posted a second-quarter loss of $23.2 million as the re/insurer faced catastrophe loss events and a completive market.
The loss compared to a profit of $65.5 million in the 2012 second quarter.
Gross insurance a...
DATE: Jul 25, 2013
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CATEGORY:
International Business
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XL Group has formed a new Bermuda company with private equity firm Stone Point Capital, which will focus on insurance-linked securities and other reinsurance products.
The re/insurer said the new Bermuda-based company will act as an investment manage...
DATE: Jul 25, 2013
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CATEGORY:
International Business
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Ace chairman and CEO Evan Greenberg said an influx of Wall Street capital into the reinsurance industry is pressuring rates and that he is prepared to cut sales of backstop coverage.
This as the re/insurer posted a record profit for the second quar...
DATE: Jul 25, 2013
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CATEGORY:
International Business
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Aspen Insurance Holdings Limited posted a profit of $40.1 million for the quarter ending June 30.
The company’s second-quarter profit of $0.36 per share was down from $84.6 million or $1.03 per share in the same period last year.
Net-written premium...
DATE: Jul 25, 2013
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CATEGORY:
International Business
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Earnings Season
Bermuda’s Everest Re Group posted a strong second-quarter profit of $275.6 million, compared to net income of $214.6 million in the same period last year.
Total revenue for the quarter was $1.35 billion, up 14.6 percent year over yea...
DATE: Jul 25, 2013
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CATEGORY:
International Business
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Bermuda will be at the centre of a power struggle involving a more than $2 billion-dollar international oil giant when shareholders converge on the Island this week for the company’s annual general meeting.
Gulf Keystone Petroleum is registered in Be...
DATE: Jul 22, 2013
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CATEGORY:
International Business
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There are new concerns in Bermuda’s international business and insurance community about what the latest OECD proposal for cracking down on corporate tax-avoidance could potentially mean for the Island.
The 40-page report, backed by the G20 on Friday...
DATE: Jul 22, 2013
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CATEGORY:
International Business
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Bermuda will be at the centre of a power struggle involving a more than $2 billion-dollar international oil giant when shareholders converge on the Island next week for the company’s annual general meeting.
Gulf Keystone Petroleum is registered in B...
DATE: Jul 19, 2013
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CATEGORY:
International Business
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The Organization for Economic Cooperation and Development has proposed a plan for cracking down on tax-avoidance strategies by companies such as Google, Apple and Yahoo!
This follows hearings in the US and UK revealing how companies avoided billions ...
DATE: Jul 19, 2013
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CATEGORY:
International Business
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