49296 results returned for search: "" category ("Other" AND "Business")
Security Capital Assurance Ltd., a newly formed Bermuda holding company for the financial guaranty units of XL Capital, on Friday filed a registration statement to list its shares on the New York Stock Exchange.
The company will use the proceeds of t...
DATE: Apr 10, 2006
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Security Capital Assurance Ltd. was formed as a Bermuda company in March for the sole purpose of becoming the parent company to XL Capital Assurance Inc. and XL Financial Assurance Ltd. The former sells financial guaranty insurance products in three ...
DATE: Apr 10, 2006
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A consortium of investors have formed a new Bermuda reinsurer ? Paris Re ? as part of a bid to take over the reinsurance business of French insurer Axa SA.
Axa on Friday said it received a binding offer from the consortium of private-equity firms led...
DATE: Apr 10, 2006
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Bermuda Keyholders Service have expanded from providing home fire inspections to becoming the 911 of home services.
Bermuda Fire Service Sergeants Steven Caines and Troy Brimmer and retired Sergeant Charles Pearman established Bermuda Keyholders Serv...
DATE: Apr 10, 2006
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John Andrews, underwriting director of newly formed Bermuda reinsurer Amlin Bermuda, says the company's plan to do business with small, regional insurers means Amlin has to sell more policies to meet revenue targets than peers who count nationwide in...
DATE: Apr 10, 2006
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NEW YORK (Bloomberg) ? JPMorgan Chase & Co., New York?s biggest lender, agreed to swap its corporate-trust unit for Bank of New York?s consumer and small-business bank in a transaction valued at about $3.1 billion.
JPMorgan will get 338 branches, mos...
DATE: Apr 10, 2006
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NEW YORK (Bloomberg) ? Marsh & McLennan Cos., the world?s largest insurance broker, and dozens of insurers were accused of rigging bids in a lawsuit brought by policyholders including Tyson Foods Inc.
The suit, filed in US District Court in Atlanta o...
DATE: Apr 10, 2006
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NEW YORK (Bloomberg) ? American International Group Inc., the insurer that ousted Chief Executive Officer Maurice (Hank) Greenberg amid an accounting probe, paid Martin Sullivan $13.8 million in his first year in charge.
Sullivan?s 2005 compensation ...
DATE: Apr 10, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 54.065 points last week to close at 4,347.43.
Butterfield Bank fell 50 cents to close at $55.50 on volume of 7,496 shares, Argus fell 50 cents to close at $14 as 600 shares changed hands and KeyTech...
DATE: Apr 10, 2006
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Earnings
Everest Re Group Limited
April 24. First Quarter 2006 earnings after the close of trading on the NYSE. A conference call discussing the results will be held at 8.30 a.m. Eastern Time on April 25, 2006. The call will be available on the Int...
DATE: Apr 10, 2006
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