3088 results returned for search: "" category "International Business"
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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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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Markel Corporation has announced it has completed its acquisition of Bermuda-based Alterra Capital Holdings Limited.
The merger’s closing follows the receipt of all the necessary regulatory approvals. Markel chairman and CEO Alan Kirshner said the a...
DATE: May 02, 2013
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CATEGORY:
International Business
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Goldman Sachs Group Inc has announced it has closed on the sale of a majority stake in its reinsurance business, which includes Bermuda’s Ariel Re.
The investment bank sold off the business through the private offering of shares to institutions and ...
DATE: May 02, 2013
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CATEGORY:
International Business
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Bermuda’s RenaissanceRe Holdings yesterday posted a first-quarter profit of $190.5 million in the absence of any major catastrophe losses.
That compares to $201.4 million or $3.88 per diluted common share in the first quarter of 2012.
The company sa...
DATE: May 02, 2013
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CATEGORY:
International Business
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