1710 results returned for search: "" category "Business" author Jonathan Kent
Some investors in the Butterfield Bank $200 million preference share issue have been told they will be able to buy only half of what they applied for.
Two investors who called this newspaper yesterday said they had been told that anyone who applied t...
DATE: Jun 18, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda-based insurer Ironshore is planning to double its business this year, says chief executive officer Kevin Kelley.
The privately-held company, now in its third year of operation, has expanded rapidly since setting up with $1 billion in capital ...
DATE: Jun 17, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Premier Ewart Brown told an insurance industry audience yesterday that proposed US tax code changes to target non-US insurers could spark an international trade war.
Dr. Brown, who was speaking to delegates at the Insurance Day Summit at the Fairmont...
DATE: Jun 17, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Just nine days after opening its $200 million preference share issuance, Butterfield Bank has stopped taking applications from prospective investors.
On Friday the bank also confirmed that investors in the preferred stock would get a return of exactl...
DATE: Jun 16, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Gregory Haycock has succeeded Donald Lines as non-executive chairman of Schroders Bermuda Ltd.
Mr. Haycock said he was looking forward to working with the unit's new head, David Burns, and saw opportunities ahead for the investment management and pri...
DATE: Jun 11, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Being a Bermudian chartered accountant is as close to a "recession-proof" job as you can get, according to Darren Johnston, the newly appointed territory senior partner of PricewaterhouseCoopers Bermuda.
The 42-year-old Bermudian, who takes over his ...
DATE: Jun 11, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Inflation fell for the third consecutive month in April to an annual rate of 1.9 percent - the lowest level seen in years.
Consumers have benefited from lower energy prices as the rate of inflation has plunged from 5.2 percent in January. But as elec...
DATE: Jun 10, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda was yesterday removed from an international list of "tax havens" after the Island reached the magic dozen of tax information exchange agreements (TIEAs).
Shortly after Finance Minister Paula Cox signed the Island's 12th agreement with the Net...
DATE: Jun 09, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
The prospect of hedge fund regulation holds no fears for one of the Island's major industry players the Jupiter Asset Management (Bermuda) Ltd., which is celebrating 40 years on the Island.
The company's managing director Garth Lorimer Turner says it...
DATE: Jun 08, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
IPC Holdings Ltd. have been offered a cash enticement of $2.50 per share to vote next week in favour of the planned merger with fellow Bermuda re/insurer Max Capital Group Ltd.
The money will be paid in the form of two dividends. The first will be $1...
DATE: Jun 05, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
