Hashtag: #OneBeacon
OneBeacon Declares $0.21 Quarterly Dividend
OneBeacon Insurance Group declared a $0.21 per share quarterly dividend, payable in cash on September 27, 2013, to holders of record of Common Shares as of the close of business on September 13, 2013. OneBeacon Insurance Group, Ltd. is a Bermuda-domiciled holding company that is publicly traded on the New York Stock Exchange under the symbol “OB.” Related... Read more of this article
OneBeacon Insurance Completes Debt Offering
Bermuda-domiciled OneBeacon Insurance Group, Ltd. said that its wholly-owned subsidiary, OneBeacon U.S. Holdings, Inc. has closed its previously announced offering of $275 million aggregate principal amount of 4.60% Senior Notes due 2022. The Issuer intends to use the proceeds of the offering to redeem all of its outstanding 5.875% Senior Notes due... Read more of this article
OneBeacon Offering Senior Notes Due 2022
OneBeacon Insurance Group Ltd’s wholly-owned subsidiary, OneBeacon U.S. Holdings, Inc intends to offer a to-be-determined amount of Senior Notes due 2022 subject to market and other conditions. The Senior Notes will be guaranteed by the Company. The underwriters for the transaction are Barclays Capital Inc., Merrill Lynch, Pierce, Fenner &... Read more of this article
OneBeacon To Sell Runoff Business To Armour
Bermuda-domiciled holding company, OneBeacon Insurance Group, Ltd. has entered into a definitive agreement to sell its runoff business to an affiliate of Armour Group Holdings Limited. OneBeacon will transfer to Armour certain legal entities within the OneBeacon group, which will contain the assets, liabilities [including gross and ceded loss reserves],... Read more of this article
OneBeacon Reports $11.86 Book Value Per Share
Bermuda-based OneBeacon Insurance Group, Ltd. reported on Friday [July 27] book value per share of $11.86, an increase of 1.2% for the second quarter and 6.3% through six months, including dividends. Mike Miller, CEO of OneBeacon said, “Our results for the first half of 2012 show good book value growth, which includes strong underwriting results... Read more of this article
OneBeacon To Review Q/1 Financial Results
Bermuda-domiciled OneBeacon Insurance Group will review its first quarter 2012 results via live webcast at 10:00 a.m. Eastern Time on Friday, April 27 following its earnings release earlier that morning. The slide presentation that will be referenced during the call, the news release and a financial supplement will be available on the company’s... Read more of this article
OneBeacon Appoints Phillips As SVP
Bermuda-based OneBeacon Insurance Group, Ltd. today [Mar. 19] announced the appointment of Maureen A. Phillips as Senior Vice President and General Counsel reporting to President and CEO Mike Miller. Ms Phillips succeeds Brad Rich in this role, who will continue with the company through year end, at which time he will retire. Said CEO Mike Miller,... Read more of this article
OneBeacon Declares Quarterly Dividend,
The OneBeacon Insurance Group Ltd. Board of Directors declared a $0.21 per share quarterly dividend, payable in cash on March 30, 2012, to holders of record of Common Shares as of the close of business on March 16, 2012. OneBeacon Insurance Group,Ltd. is a Bermuda-domiciled holding company that is publicly traded on the New York Stock Exchange under... Read more of this article
OneBeacon Group Closes AutoOne Sale
Bermuda-domiciled OneBeacon Insurance Group, Ltd. announced that it has completed the sale of its AutoOne business to Interboro Holdings, Inc. The transaction, which was announced on August 31, 2011, included AutoOne Insurance Company and AutoOne Select Insurance Company, along with the assets, liabilities — including loss reserves and unearned... Read more of this article
OneBeacon Issues First Quarter Dividend
At its regular meeting held yesterday [Feb. 22], the board of directors of Bermuda’s OneBeacon Insurance Group, Ltd. declared a $0.21 per share quarterly dividend, payable in cash on March 30, 2012, to holders of record of Common Shares as of the close of business on March 16, 2012. OneBeacon Insurance Group, Ltd. is a Bermuda-domiciled holding... Read more of this article
Board Approves OneBeacon Dividend
At its regular meeting held on November 16, 2011, the OneBeacon Insurance Group, Ltd. board of directors declared a $0.21 per share quarterly dividend, payable in cash on December 30, 2011, to holders of record of common shares as of the close of business on December 16, 2011. OneBeacon Insurance Group, Ltd. is a Bermuda-domiciled holding company that... Read more of this article
OneBeacon Unveils New Physicians Policy
OneBeacon Professional Insurance, a member of Bermuda-domiciled OneBeacon Insurance Group, today [Nov. 1] announced that it is expanding its health care offerings to include a stand-alone extended reporting period [ERP] policy for physicians who require claims-made professional liability coverage due to changing employment status or moving from one... Read more of this article
