49296 results returned for search: "" category ("Other" AND "Business")
Bermuda?s spot as the world?s biggest captive insurance market is secure, the Island?s biggest rival concedes.
?To catch Bermuda we would have to achieve by a third which may be overly optimistic,? said Seamus Tivnan, head of the Insurance Managers A...
DATE: Apr 28, 2006
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Transaction Network Services (TNS) has established an office in Bermuda offering access to its global trading network and other services to the island.
TNS? Bermuda operations are part of the newly formed TNS Bermuda and Caribbean operations, managed...
DATE: Apr 28, 2006
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Platinum Underwriters Holdings, Ltd. posted five percent higher income of $77 million for the first quarter of 2006 compared to $73 million in the 2005 first quarter due partly to a 62 percent increase in investment income.
The results for the quarte...
DATE: Apr 28, 2006
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Bermuda-based reinsurers Arch Capital and Montpelier Re both missed analyst expectations as they turned in their first quarter results last night.
Montpelier Re Holdings said net income for the three months to March 31 came in at $48.5 million, or 54...
DATE: Apr 28, 2006
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The Royal Gazette/Bermuda Stock Exchange Index gained 47.90 points yesterday to close at 4,442.05 as the two issues changing prices reached record highs.
BF&M led the advances gaining $1 or 5.7 percent to close at a record high of $18.50 as investors...
DATE: Apr 27, 2006
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These are details of how Ace was a full participant in a scheme to fix insurance prices in the excess casualty area, according to its settlement agreement with the Attorneys General of three US states:
Ace signed a “lucrative placement service agreem...
DATE: Apr 27, 2006
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Premier Alex Scott arrived in Hawaii on Friday to attend the Bank of Bermuda?s annual pre-RIMS week-end. The event held this year on the island of Lanai was an opportunity to meet with bank officials and others that are in the insurance sector or pro...
DATE: Apr 27, 2006
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As part of today's settlement with the Attorneys General and the Superintendent, ACE acknowledges that certain of its employees violated both acceptable business practices and ACE's own standards of conduct by engaging in behaviour that included impr...
DATE: Apr 27, 2006
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Premier Alex Scott told more than 500 guests at a special reception in Hawaii on Tuesday night that he?s committed to cultivating the ?solid? relationship that exists between the public and private sectors.
Mr. Scott has been in Hawaii since last wee...
DATE: Apr 27, 2006
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Butterfield Bank?s first quarter net income jumped 36 percent to a record $33.1 million as the bank saw strong growth in almost all its subsidiaries.
And the bank also received a boost from ratings agency Standard & Poor?s, which raised its outlook o...
DATE: Apr 27, 2006
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