1110 results returned for search: "" category "Other" author David Fox, Business Editor
In a sweetheart deal, Spiderweb Internet Solutions launched on Valentine's Day last Friday the latest Bermuda web site on the Internet, promoting it as Bermuda's on-line magazine and search engine (http:/www.bermudaonion.com).
Aiming to be Bermuda's ...
DATE: Feb 18, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
When US President Bill Clinton stepped in and rescued American Airlines from a potentially devastating pilots' strike, he may have also rescued the Third Bermuda Insurance Symposium, which starts at the Southampton Princess hotel tomorrow.
Organisers...
DATE: Feb 17, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Bermuda-based XL Insurance group's core business of general and professional liability will fall because of soft pricing and the maturing of very long-tail lines.
S&P said new business from specialty reinsurance and property lines will largely offset...
DATE: Feb 14, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
financing, Enterprise Reinsurance Ltd., has been initially capitalised at $100 million, with Bermuda-based CAT Ltd. as lead investor.
CAT first revealed last September their interest in forming a new Class 4 insurer in response to increased client de...
DATE: Feb 13, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Contained in the President Clinton's $1.69-trillion budget are specific provisions that may impact Bermuda's captive insurance industry.
Provisions altering the definition of insurance by requiring the writing of more third party business, first rais...
DATE: Feb 13, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
business during the latter months of 1996. But it is just the start of an aggressive campaign to find more financial services products that can provide premium growth.
Vice president, financial lines, David Lupica, said the company's entry into the m...
DATE: Feb 13, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
captive insurance domiciles, Bermuda market figures show.
Newly-appointed chairman of the insurance industry's marketing committee, Roger Gillett, said yesterday that the industry last year increased its share of the world's new insurance incorporati...
DATE: Feb 11, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Property catastrophe reinsurer PartnerRe has declared net income of $249.7 million ($4.50 per share) for the year to December 31, a 11.6 percent increase over the year before ($223.8 million or $3.99 per share).
President and CEO Herbert Haag said, "...
DATE: Feb 11, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Bermuda has an "excellent opportunity to become the global electronic hub for the storage, processing and dissemination of digital information'', the chairman of the Bermuda Stock Exchange has told The Institute of Directors.
At the Institute's annua...
DATE: Feb 07, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
Bermuda-based reinsurer Mid Ocean Re is bracing for even more pressure on premium rates for property catastrophe business in 1997 than was experienced last year.
And Mid Ocean anticipates that certain ceding companies may increase their retentions, w...
DATE: Feb 05, 1997
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
