3257 results returned for search: "" category ("International Business" AND "Business")
Tower Group has reported its gross premiums written rose 17.8 percent to $550.4 million in its first quarterly earnings report since acquiring Canopius Bermuda last March.
The company says the top-line growth was driven largely by assumed reinsuranc...
DATE: May 10, 2013
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CATEGORY:
International Business
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The upcoming Bermuda Captive Conference is gearing up to offer a new session due an expanded offering from Bermuda’s commercial insurance and reinsurance market.
Organisers of the event, scheduled for June 9-12 at the Fairmont Southampton, say that d...
DATE: May 10, 2013
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CATEGORY:
International Business
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Bermuda-based re/insurer Maiden Holdings Ltd last night reported better than expected earnings for its first quarter.
The company posted a net income of $25.0 million, or $0.34 per diluted common share, compared with net income of $20.4 million, or ...
DATE: May 09, 2013
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CATEGORY:
International Business
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Google's Bermuda dealings are again in the spotlight, this time in a report on the pay of top technology company executives.
Five of the ten best-paid finance bosses last year work in the technology industry, as executives at companies from Apple to ...
DATE: May 09, 2013
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CATEGORY:
International Business
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Bermuda-based hedge fund backed reinsurer, Third Point Re is reportedly poised for an initial public offering, according to three sources cited by Reuters.
Third Point, the $11.6 billion hedge fund run by billionaire Dan Loeb, is apparently working ...
DATE: May 08, 2013
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CATEGORY:
International Business
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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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