1710 results returned for search: "" category "Business" author Jonathan Kent
Bermuda business insurer XL Capital Ltd is about three-quarters of the way through the process to "de-risk" its investment portfolio, the company's chief executive officer said yesterday.
Michael McGavick told The Royal Gazette that he could "see the...
DATE: Apr 29, 2009
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AUTHOR:
Jonathan Kent
Most people think of fine wine as an expensive treat - but the managers of an unusual investment fund see it as a way of enhancing wealth.
After the Wine Investment Fund's (WIF) first five-year investment period closed last August, its investors were...
DATE: Apr 22, 2009
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Jonathan Kent
Disgraced Eliot Spitzer may be considering running again for his old position of New York Attorney General, according to a media report.
The news, which may send shudders downs the spines of some Bermuda insurance industry bosses, surfaced on the Pag...
DATE: Apr 17, 2009
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Jonathan Kent
Finance Minister Paula Cox signed tax information-sharing agreements with eight countries yesterday — and then said Bermuda's inclusion on the OECD's tax transparency "grey list" was "misleading".
The Deputy Premier spent the day in Washington, DC, w...
DATE: Apr 17, 2009
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Jonathan Kent
Bermuda reinsurer Validus Holdings Ltd. is to convene a special meeting of shareholders to try and win backing for its plan to take over fellow Island company IPC Holdings Ltd.
Validus announced yesterday that it has filed proxy materials with the US...
DATE: Apr 17, 2009
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Jonathan Kent
Revenue has declined by around a quarter this year for Caribbean region hotels, an industry audience heard yesterday.
Duane Vinson, a vice-president of Smith Travel Research (STR), said a combination of lower hotel occupancy rates and discounted room...
DATE: Apr 16, 2009
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Jonathan Kent
The tourism industry is facing a tough couple of years ahead — but by 2011 solid growth should return.
That is the view of Avery Shenfeld, managing director and chief economist of Canadian Imperial Bank of Commerce (CIBC), who reckons the US economy ...
DATE: Apr 16, 2009
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AUTHOR:
Jonathan Kent
More than 100 less than happy Butterfield Bank shareholders yesterday gave the go-ahead for a $200 million capital raise through the sale of preference shares guaranteed by the Bermuda Government.
The plan, designed to give the bank a "capital cushio...
DATE: Apr 15, 2009
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Jonathan Kent
The insurance cycle has taken the industry through some dramatic ups and downs over the years — but the near future at least could be a much smoother ride.
That is the view of Andrew Turnbull, who heads up the Bermuda operation of 2008 start-up Torus...
DATE: Apr 14, 2009
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AUTHOR:
Jonathan Kent
Bermuda insurer Ironshore has announced the appointment of another two experienced former American International Group executives to bolster its US operations.
Tim McAuliffe is to take over as president of Ironshore's US Specialty Casualty unit, whil...
DATE: Apr 13, 2009
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AUTHOR:
Jonathan Kent
