49296 results returned for search: "" category ("Other" AND "Business")
Robert Childs, Hiscox Bermuda?s new chief executive, brought a team of underwriters from the group?s London operation when he set up the group?s new reinsurer here last December ? otherwise he?s been busy recruiting staff on the Island.
In an intervi...
DATE: Mar 23, 2006
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The Royal Gazette/Bermuda Stock Exchange Index fell 11.42 points yesterday to close at 4,369.78.
On a relatively moderate day of trading Belco led the advances as it gained 90 cents to close at $39.90 as 1,200 shares changed hands.
Bermuda Aviation S...
DATE: Mar 23, 2006
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Robert Childs, chief executive of Hiscox Plc?s new Bermuda reinsurer, says the unit has already achieved 50 percent of its 2006 sales target.
By the end of February, Hiscox Bermuda ? which officially opened its doors to business last December ? had c...
DATE: Mar 23, 2006
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LONDON/NEW YORK (Reuters) ? More insurance takeover bids are likely in the wake of British insurer Aviva Plc?s ?17 billion offer for Britain?s Prudential Plc , as companies jockey for position, but analysts are sceptical of a merger-and-acquisition s...
DATE: Mar 23, 2006
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PARIS (Bloomberg) ? Scor SA, the largest French reinsurer, had higher fourth-quarter profit as increased income from investments outweighed hurricane-related losses.
Net income rose to 48 million euros ($58 million) from 15 million euros in the year-...
DATE: Mar 23, 2006
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LONDON (Bloomberg) ? Hardy Underwriting Plc, a Lloyd's of London insurer, said 2005 profit fell 45 percent because of claims related to hurricanes in the US.
Net income declined to ?5.4 million ($9.4 million), or 15.3 pence a share, from ?9.8 million...
DATE: Mar 23, 2006
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Hiscox Bermuda chief executive Robert Childs says the move by several large Lloyd?s of London insurers in recent years to form Bermuda companies was a needed wake-up call for the London market.
?All businesses need reminding occasionally that they do...
DATE: Mar 23, 2006
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TORONTO (Reuters) ? Shares of Fairfax Financial Holdings Ltd. fell hard yesterday after the company said it and its chief executive officer had been subpoenaed by US regulators in connection with remarks made last month on finite insurance contracts....
DATE: Mar 23, 2006
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Total overseas spending by residents for 2005 reached $60.7 million , an increase of 14 percent or $7.5 million from spending levels recorded for 2004.
Much of this gain can be attributed to the increase in average spending per trip which rose 10.2 p...
DATE: Mar 23, 2006
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The Court of Appeals is poised to rule today on a Supreme Court declaration which authorised Lines Overseas Management to disclose telephone recordings and documents to US regulators in compliance with subpoenas served on LOM managing director Scott ...
DATE: Mar 23, 2006
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