1536 results returned for search: "" category "Business" author David Fox, Business Editor
The Government needs to stimulate economic growth with a focus on international business and tourism to avoid a debt crisis, analysts have warned.
But investment managers Anchor Investment Management say in their most recent message to clients that t...
DATE: Jan 12, 2022
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor
The Corporation of Hamilton supports Government plans to revitalise North East Hamilton, but officials in the municipality caution that the plans need to be adequately financed if they are to bear fruit.
The comment from Dwayne Caines, chief executi...
DATE: Jan 12, 2022
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
The OECD’s effort to push through the controversial global minimum tax model rules may come to an abrupt halt, after the world body received a warning that the rules are not expected to work as intended.
The OECD (Organisation of Economic Co-operatio...
DATE: Jan 10, 2022
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
The reinsurance market is now projecting, through public reporting, that the total ultimate Covid-19 loss estimate will be about $48.2 billion, but allocated to the 2020 reporting year.
A significant amount of this total — $18.9 billion (39 per cent)...
DATE: Jan 04, 2022
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Financial services companies were the biggest gainers on the 2021 Bermuda Stock Exchange, with one company more than doubling its share price during the course of the year and others with strong improvements during the second year of a problematic pa...
DATE: Jan 03, 2022
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
David Fox, Business Editor
For Lloyd’s of London, Brexit led to the most complex commercial transaction needed to establish a company in Europe, and the world’s most expensive insurance start-up, says Lloyd’s CEO John Neal.
He is presiding over the continuing makeover — dustin...
DATE: Dec 28, 2021
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
Through Britain’s forced economic separation from the Continent, Lloyd’s of London is far more focused on emerging as a more digitally conscious entity in preparation for its leadership role in the 21st century’s new insurance world order.
Part of th...
DATE: Dec 28, 2021
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
An article in investment publication ThinkAdvisor raises the spectre of life insurance companies moving their domiciles en masse to Bermuda.
ThinkAdvisor is the publication that features “all the investment news, in-depth analysis, market data an...
DATE: Dec 23, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Market Forces, the UK activist group, put Bermuda insurance executive Stephen Catlin and Convex Insurance on Santa’s naughty list today, staging a demonstration outside the Hamilton offices newly occupied by the global insurer.
Following a simila...
DATE: Dec 23, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Bermudians need not fear the future for its insurance markets in the face of the global tax initiative, said the man heading the transformation of Lloyd’s of London.
He is determined to make Lloyd’s and London the centre of the insurance world and se...
DATE: Dec 20, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor