49296 results returned for search: "" category ("Other" AND "Business")
Net income: $79.9 million compared to $237.9 million in 2008.
Gross premiums written: $1.5 billion compared to $1.79 billion in 2008.
Combined ratio: 93 percent compared to 91.6 percent in 2008.
DATE: Jul 29, 2009
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Bermuda-based XL Capital Ltd., the business insurer that has more than tripled in New York trading this year, posted its eighth straight quarterly profit decline as policy sales dropped and investment income fell.
Second-quarter net income fell to $7...
DATE: Jul 29, 2009
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Montpelier Re Holdings Ltd. recorded net income of $159 million for the second quarter on low claims and a rise in the value of its investments.
Net income for the April through June period was $159 million, or $1.81 per share, and $211 million, or $...
DATE: Jul 29, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The Ascendant Group Ltd. failed to live up to its name as its share price fell by 35 cents (2.28 percent) to $15 on The Bermuda Stock Exchange Index (BSX) yesterday.
The utilities company traded 11,900 shares throughout the day.
Butterfield Bank's co...
DATE: Jul 29, 2009
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Marsh and Guy Carpenter & Co. will be putting a smile on the faces of PALS patients with the presentation of 30 gift baskets to enjoy over Cup Match.
Employees from the two companies' Bermuda operations, which are both subsidiaries of Marsh & McLenna...
DATE: Jul 29, 2009
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Insurance rates continued to fall across most lines of business as companies competed vigorously for business according to a wide-reaching industry survey.
The Risk and Insurance Management Society (RIMS) Benchmark Survey showed the soft market conti...
DATE: Jul 29, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Net income: $159 million compared to $44.1 million in 2008.
Gross premiums written: $184.4 million compared to $187.7 million in 2008.
Combined ratio: 61.5 percent compared to 57.7 percent in 2008.
DATE: Jul 29, 2009
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CATEGORY:
Other
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Net income: $149.1 million compared to $103.3 million in 2008.
Combined ratio: 89.6 percent compared to 89 percent in 2008.
Gross premiums written: $559.2 million compared to $518.1 million in 2008.
DATE: Jul 29, 2009
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Bermuda's Finance Minister Paula Cox signed the Island's 14th Tax Information Exchange Agreement (TIEA) with Ireland yesterday.
The ceremony took place with Ireland's Minister of Finance Brian Lenihan signing for his country at the Department of Fina...
DATE: Jul 29, 2009
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Endurance Specialty Holdings Ltd. boosted its net income by more than $45 million for the second quarter as it continued to pick up business from some of its larger competitors.
The insurer's profits were up at $149.1 million, or $2.42 per share, for...
DATE: Jul 29, 2009
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CATEGORY:
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