3259 results returned for search: "" category "International Business"
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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Platinum Underwriters Holdings has posted second-quarter profit of $49.9 million compared to net income of $67.5 million in the prior year.
The company said results for the quarter include net premiums earned of $142.9 million, net favourable develop...
DATE: Jul 19, 2013
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CATEGORY:
International Business
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Axis Capital Holdings has announced that its preliminary estimate of second quarter 2013 natural catastrophe and weather-related pre-tax losses is $140 million, net of estimated recoveries from reinsurance and including estimated reinstatement premiu...
DATE: Jul 19, 2013
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CATEGORY:
International Business
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Platinum Underwriters Holdings has posted second-quarter profit of $49.9 million compared to net income of $67.5 million in the prior year.
The company said results for the quarter include net premiums earned of $142.9 million, net favourable develop...
DATE: Jul 18, 2013
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CATEGORY:
International Business
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