Log In

Reset Password
DIGITAL EDITION VIDEOS PHOTOS PODCAST RSS

Financial and business service

Local Business

"BFIS awards $370,000 to 11 undergrads"

More than 60 students, parents and BFIS alumni, trustees and committee members attended the Bermuda Foundation For Insurance Studies 2013 Scholarship Awards Reception where 11 students were awarded with BFIS scholarships ranging from $10,000 to $30,0...
Jul 26, 2013
International Business

"Aspen Q2 profit shrinks"

Aspen Insurance Holdings Limited posted a profit of $40.1 million for the quarter ending June 30. The company’s second-quarter profit of $0.36 per share was down from $84.6 million or $1.03 per share in the same period last year. Net-written premium...
Jul 26, 2013
International Business

"Montpelier posts loss"

Montpelier Re Holdings posted a second-quarter loss of $23.2 million as the re/insurer faced catastrophe loss events and a completive market. The loss compared to a profit of $65.5 million in the 2012 second quarter. Gross insurance and reinsurance p...
Jul 26, 2013
International Business

"Regulator expands probe into reinsurers’ Iran ties"

New York's top financial regulator has expanded a probe into whether reinsurance companies have written policies on international trade with Iran, which could potentially violate new US sanctions. In a letter posted to its website, the state's Depart...
Jul 26, 2013
Local Business

"$1.9m Q2 loss for Allied World Assurance"

Allied World Assurance Company Holdings last night posted a second-quarter loss of $1.9 million compared to a profit of $96.4 million for the same period last year. The reinsurer said the quarterly net loss was due to $115 million of net realised inv...
Jul 26, 2013
Other

"Aspen declares $0.18 ordinary share dividend"

The board of directors of Aspen Insurance Holdings Limited has declared a quarterly cash dividend on Aspen’s ordinary shares of $0.18 per ordinary share. The dividend is payable on August 27, 2013 to the holders of record as of the close of trading o...
Jul 25, 2013
Local Business

"ABIR: Re/insurers contribute $816m to Bermuda economy"

Re/insurers employ some 1,600 mostly Bermudians here and directly contribute $816 million to our economy. But their spending in Bermuda is dropping and employee headcount is slowly declining as jobs are shifted to other countries. This from Associati...
Jul 25, 2013
International Business

"Everest Re Q2 profit rises despite floods, US storms"

Earnings Season Bermuda’s Everest Re Group posted a strong second-quarter profit of $275.6 million, compared to net income of $214.6 million in the same period last year. Total revenue for the quarter was $1.35 billion, up 14.6 percent year over yea...
Jul 25, 2013
Other

"Bermuda-based senior appointment made at Endurance"

The press release added that she is an active leader in industry organisations, having served on several not-for-profit boards and as President of the International Association of Claim Professionals as well as the Association of Professional Insuran...
Jul 25, 2013
Local Business

"ABIR: Re/insurers contribute $816m to Bermuda economy"

The Association of Bermuda Insurers and Reinsurers today released its Eighth Annual Bermuda Economic Impact Survey results. The data show that ABIR members’ directly contribute $816 million dollars to the Bermuda economy, but also shows a continuing...
Jul 24, 2013
Local Business

"Allied World Bermuda launches new product for healthcare clients"

Allied World Bermuda has launched a new Accountable Care Organisation (ACOs) liability solution product aimed at healthcare organisations. Last year Allied World launched an ACO product for the US market for companies of any size or make-up, and this...
Jul 24, 2013
Local Business

"Allied World Bermuda launches new product for healthcare clients"

Allied World Bermuda has launched a new Accountable Care Organization (ACOs) liability solution product aimed at healthcare organisations. Last year Allied World launched an ACO product for the US market for companies of any size or make-up, and this...
Jul 23, 2013
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.