49296 results returned for search: "" category ("Other" AND "Business")
Officials from the Bermuda and London office of accounting firm KPMG have been named joint provisional liquidators of two unregulated Bermuda units owned by troubled commodities broker Refco Inc.
In a legal announcement on Friday, Michael W. Morrison...
DATE: Nov 01, 2005
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XL Capital Ltd last night posted a third quarter loss of $1.05 billion or $7.53 per share due mostly to Hurricane Katrina. This compares with income of $22.5 million or 16 cents per share in the same period of 2004.
The Bermuda-based insurer also ann...
DATE: Nov 01, 2005
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If companies want to retain top talent they must pay attention to the good people they have, according to Bob Moore, the guest speaker of the Bermuda Employers' Council leadership conference says.
The conference starts tomorrow at the Fairmont Hamilt...
DATE: Nov 01, 2005
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Quanta Capital Holdings Ltd., a Bermuda insurance and reinsurance company, last night reported a third-quarter net loss of $59.1 million after heavy hurricane losses.
This is the second year running that Quanta ? which counts 2005 as its second full ...
DATE: Nov 01, 2005
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ACE Ltd.?s decision to stop paying contingent commissions to insurance brokers has led to a ?constant argument? with brokers that still accept them, according to the chairman of ACE Ltd.
Brian Duperreault, speaking at a conference on business ethics ...
DATE: Nov 01, 2005
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ACE Limited has closed down its Strategic Initiatives unit, a Bermuda-based division that advised the company?s operating units on strategic planning, resulting in one employee redundancy.
The division was formed several years ago, and was headed by ...
DATE: Nov 01, 2005
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Market speculation that a current upturn in property rates will be short-lived fails to take into account the likelihood that intense hurricanes will continue for the long term, a top insurer said last week.
And catastrophe models used by insurers an...
DATE: Nov 01, 2005
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CEO Robert J. Cooney and Keith S. Hynes, Chief Financial Officer, will host a conference call at 10 a.m. (EST) to discuss the Company?s third quarter financial results with interested investors and shareholders. In the US call 1-800-291-5365. For int...
DATE: Oct 31, 2005
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PXRe Group Ltd., a Bermuda reinsurer, on Thursday said it was posting a third-quarter net loss of $317.34 million after the company sustained heavy catastrophe losses, particularly from hurricanes Katrina and Rita.
The loss was equal to $11.17 a shar...
DATE: Oct 31, 2005
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Max Re Capital beat analysts? estimates on Friday when it reported a third quarter loss of $41 million or 89 cents a share against a net loss of $9.02 million, or two cents a share, in the year-ago period.
Analysts polled by Thomson First Call had es...
DATE: Oct 31, 2005
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