49296 results returned for search: "" category ("Other" AND "Business")
@rh18bold:Company Moves
Bermuda-based White Mountains Insurance Group says former XL executive Robert Lusardi has joined the company as managing director.
Previously, Mr. Lusardi spent seven years with XL Capital Ltd., first as CFO and, most recently...
DATE: Feb 11, 2005
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Writs
A writ has been filed by Raymond Santucci against the Bermuda Police Service and Police Commissioner Jonathan Smith
Incorporations
Anthony Leon Keith Davis is applying to incorporate a local company with limited liability to be known as Longtai...
DATE: Feb 11, 2005
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At first blush Cedar Management Services might sound like the new kid on the block among Bermuda's captive management companies.
However, the company attached to this new name is the former CNA Risk Services (CRS), which was established over twenty y...
DATE: Feb 11, 2005
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(Bloomberg) Excel Maritime Carriers Ltd. agreed to buy the 11-year-old cargo ship MV for $32 million to expand its fleet of vessels.
The ship, which will be renamed , was built by Hitachi Maizuzu of Japan in 1993 and can carry as much as 71,000 ton...
DATE: Feb 11, 2005
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(Bloomberg) XL Capital said an internal review prompted by New York Attorney General Eliot Spitzer found no evidence that the company rigged bids or provided fake quotes to insurance brokers.
XL met with representatives of Spitzer?s office in Januar...
DATE: Feb 11, 2005
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Fitch Ratings put XL Capital Ltd. on a ratings watch negative yesterday because the Bermuda-based company has entered into an independent valuation process with Winterthur Swiss Insurance Co. regarding settlement of a reserve seasoning agreement rela...
DATE: Feb 11, 2005
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The Royal Gazette/Bermuda Stock Exchange Index was unchanged on a slow day yesterday, closing at 3,235.89 with just 500 shares of Belco Holdings shares changing hands at $42 a share.
DATE: Feb 11, 2005
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Primus Guaranty reports income drop of 7.5% in Q4
Bermuda-based credit protection insurer Primus Guaranty, Ltd., which floated on the New York Stock Exchange last year, said net income fell 7.5 percent to $13.7 million in the fourth quarter of 2004 f...
DATE: Feb 10, 2005
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XL Capital last night reported a fourth-quarter profit of $288 million, or $2.07 per share. Last year the Bermuda-based company recorded a loss of $318.4 million, or $2.29 a share.
Excluding realised investment gains and losses, profit was $194.4 mil...
DATE: Feb 10, 2005
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CEO and President of Axis Capital John Charman yesterday called on shareholders to take a more active role in the companies in which they hold stock.
During his company?s fourth quarter and year end earnings call, Mr. Charman took time out to address...
DATE: Feb 10, 2005
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