3082 results returned for search: "" category ("International Business" AND "Business")
Bermuda-based Hiscox Ltd said its first-quarter revenue rose on higher demand and casualty premium rates in the US.
The second-largest Lloyd’s of London insurer by market value reported gross written premiums advanced 12.3 percent to £506.1 million (...
DATE: May 08, 2013
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CATEGORY:
International Business
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Bermuda-based Argo Group International Holdings, Ltd reported increases in both gross premiums written and net income for the first quarter of 2013.
The company posted a net income of $32.7 million or $1.28 per diluted share compared to $19.6 millio...
DATE: May 07, 2013
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CATEGORY:
International Business
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Bermuda reinsurer, Validus reported higher first-quarter earnings as the company’s combined ratio improved thanks in part to lower catastrophe losses. But in an interview with The Royal Gazette, the company’s chairman and CEO, Ed Noonan says the abse...
DATE: May 06, 2013
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CATEGORY:
International Business
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Ace Limited has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial Inc. for approximately $690 million in cash, after a $175 million pre-closing dividend taken by the seller.
With more than 50 years of experie...
DATE: May 06, 2013
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CATEGORY:
International Business
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American International Group Inc. (AIG), the insurer that repaid a bailout last year, posted a first-quarter profit that beat analysts’ estimates as results improved in the company’s property-casualty operation.
In the first three months of this yea...
DATE: May 06, 2013
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CATEGORY:
International Business
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Blue Capital Management, the third-party capital and reinsurance-linked fund management arm of Bermuda-based reinsurer Montpelier Re, has successfully raised new funds for its flagship listed catastrophe reinsurance and retrocessional linked investme...
DATE: May 06, 2013
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CATEGORY:
International Business
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XL Group reported a first-quarter profit nearly double that of a year ago on improved underwriting results and higher affiliate earnings.
The company posted a profit of $350.8 million last night or $1.17 a share. That’s nearly double the $176.6 mill...
DATE: May 03, 2013
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CATEGORY:
International Business
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Bermuda, the Cayman Islands and other British overseas territories will now be required to work with the UK and other European countries fight tax evasion.
With governments in most advanced economies short of tax revenue after the financial crisis, ...
DATE: May 03, 2013
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CATEGORY:
International Business
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Marsh & McLennan Companies has joined its fellow brokers in reporting strong Q1 results after reporting 4 percent organic growth.
The broker’s first quarter earnings were up 19 percent over Q1 of 2012 led by its risk-and-insurance division.
Marsh rep...
DATE: May 02, 2013
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CATEGORY:
International Business
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Endurance Specialty Holdings last night reported a year-end net income of $92.1 million and easily beat the expectations of analysts on Wall Street. The gain compares with a Q1 2012 net income of $74.4 million.
Bermuda re/insurer reported an operatin...
DATE: May 02, 2013
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CATEGORY:
International Business
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