49296 results returned for search: "" category ("Other" AND "Business")
French reinsurance executive Jean-Marie Nessi will leave Bermuda-based reinsurer PartnerRe in January to start a new reinsurance company.
The new company, to be called Catalyst Re, is to specialise in run-off companies ? reinsurers that are no longer...
DATE: Sep 12, 2005
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The Royal Gazette will be carrying coverage from the annual reinsurance conference in Monte Carlo ? Les Rendez-Vous de Septembre ? courtesy of Reactions, the financial magazine for the global insurance market.The conference is a must-attend event for...
DATE: Sep 12, 2005
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Bermuda?s rate of inflation continued to rise in July with prices an average of 2.8 percent higher than a year ago, according to figures released by the Department of Statistics.
The Consumer Price Index, which is used in Bermuda as a key economic in...
DATE: Sep 12, 2005
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The Royal Gazette/Bermuda Stock Exchange Index fell 7.289 points last week after a mixed bag of trading ? with two companies gaining and two companies losing over the week.
Bermuda Aviation Services and KeyTech lost seven and four percent, respective...
DATE: Sep 12, 2005
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(Bloomberg) ? Munich Re and Swiss Reinsurance Co., the world?s largest reinsurers, may lead an increase in premium rates for catastrophe coverage after Hurricane Katrina caused an estimated $35 billion in insured losses.
Reinsurers, which help insure...
DATE: Sep 12, 2005
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Catastrophe models are coming under fire following Hurricane Katrina, with some fearing that many initial insured loss estimates generated by the models will be inaccurate.
Stephen Way, chairman and chief executive officer of HCC Insurance Holdings, ...
DATE: Sep 12, 2005
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Insurance industry losses from Hurricane Katrina could triple what the sector paid out after Hurricane Andrew, according to a leading risk modeller which yesterday revised estimates up into the $40 billion to $60 billion range.
Risk Management Soluti...
DATE: Sep 10, 2005
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The Royal Gazette/Bermuda Stock Exchange Index yesterday fell one point, or 0.03 percent, to 3,630.31.
Pushing down the Index were KeyTech shares, as they lost 0.5 percent, or five cents on trading of 2,700 shares.
KeyTech is the telecommunications h...
DATE: Sep 10, 2005
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You love 'em or you hate 'em. And to judge by an enormous mailbag from last week, you hate the Bermuda pension.
"It's a depressing subject," one correspondent said, of a subject that, if you think about it, ought to fill you with joy.
I must deal wit...
DATE: Sep 10, 2005
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TAMPA, Florida ? As the cleanup from Hurricane Katrina begins, a big fight could be brewing among insurers, policyholders, lawyers and regulators over who will shoulder the enormous cost of damage to thousands of homes.
Most homeowners in the hardest...
DATE: Sep 10, 2005
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