Log In

Reset Password
DIGITAL EDITION VIDEOS PHOTOS PODCAST RSS

Companies

Other

"Belco website back online"

Belco’s website is up and running again after the company announced it was hacked earlier today. The site was shut down following the attack by “a mischief- and attention-seeking group known as Turkish Ajan”, a spokeswoman said. The group is said to ...
Oct 30, 2012
Reinsurance

"Aon’s net profit rises 3% on lower tax rate"

Aon plc’s quarterly profit beat analysts’ estimates as investments aimed at increasing margins at its human resources services business helped boost profit. The company’s third-quarter earnings rose three percent as the insurance brokerage benefited ...
Oct 30, 2012
Reinsurance

"Flagstone posts narrow loss ahead of merger"

Flagstone Reinsurance Holdings reported a net loss of $1.3 million for the third quarter just ahead of its proposed merger with Bermuda-based Validus. The third quarter net loss compared to a net loss of $59.5 million or $0.85 loss per diluted share ...
Oct 30, 2012
Reinsurance

"Validus CEO: ‘We’ll continue to be growing employer in Bermuda’"

After the third consecutive quarter of “excellent” earnings this year, Validus can’t find much to complain about, says chairman and CEO Ed Noonan. In an interview with The Royal Gazette on Friday after the company’s third-quarter earnings call, Mr No...
Oct 29, 2012
Local Business

"Gibbons Co: ‘You find a better price, we’ll match it’ "

Gibbons Company is making a bold promise — it will allow customers to receive a price match on any identical item found anywhere in the world for a better price. “You find a better price, we’ll match it,” said Gibbons Company CEO Paula Clarke. “We ...
Oct 29, 2012
Reinsurance

"Validus profits beat analysts’ expectations"

Bermuda-based reinsurer Validus Holdings Ltd last night posted net operating earnings of $170.6 million that easily beat the expectations of Wall Street analysts. The company benefited from the absence of notable loss events, as it recorded net incom...
Oct 26, 2012
Reinsurance

"Greenberg calls for lawmakers to act as fiscal cliff nears"

OLDWICK, New Jersey (BestWire) - The top officer at Ace Ltd is calling for federal lawmakers to take immediate action to stem the tide of red ink flowing from Washington, including cutting spending and raising revenue. “There is no greater challenge...
Oct 26, 2012
Reinsurance

"Hiscox appoints group head of catastrophe research"

Hiscox Ltd has appointed Richard Dixon as group head of catastrophe research, the insurer announced yesterday. In this newly created position, Mr Dixon reports to Rob Caton, head of catastrophe modelling. Previously, Mr Dixon was assistant vice presi...
Oct 25, 2012
Reinsurance

"ACE raises profit forecast despite higher crop insurance claims"

(Reuters) — Property and casualty insurer ACE Ltd raised its full-year operating profit outlook as lower catastrophe losses and growth in premium revenue helped offset higher claims at its US crop insurance segment for the second successive quarter. ...
Oct 24, 2012
Local Business

"BAS acquires BESCO"

The diversified facilities management group Bermuda Aviation Services said yesterday that it had acquired a majority equity position in Bermuda Energy Serivces Company Limited (BESCO). The terms of the deal were not disclosed. BAS group president Ken...
Oct 23, 2012
Reinsurance

"Marsh and Guy Carpenter staff get to work at Spittal Pond"

Marsh and Guy Carpenter staff got to work removing invasive species from the Spittal Pond nature reserve on Friday. Almost 60 of the sister companies’ employees were involved in the re-landscaping effort, working with representatives from the Departm...
Oct 22, 2012
Other

"HSBC hit by cyber attack"

HSBC has confirmed that it suffered a cyber attack that took down several of the bank’s websites around the world. The company was hit by a denial-of-service (DoS) attack, which prevented customers from being able to access to its websites and use o...
Oct 20, 2012
Available for
iPhones and iPads
Available in
Google Play
Use of this website signifies your agreement to the Terms of Service and Privacy Notice
© Copyright 2024 royalgazette.com. All rights reserved.