1710 results returned for search: "" category "Business" author Jonathan Kent
Bermuda reinsurer RenaissanceRe last week won an award from the National Hurricane Conference as one of the sponsors of the StormStruck exhibit at the Walt Disney World resort.
Since the exhibit opened at Epcot last August, hundreds of thousands of p...
DATE: Apr 13, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda reinsurer Validus Holdings Ltd. has filed a proxy document detailing why it believes fellow shareholders of fellow Island company IPC Holdings Ltd. should not approve an agreement to merge with Max Capital Group Ltd.
Validus made its own $1.6...
DATE: Apr 13, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Validus Holdings Ltd. says it will canvass shareholders of IPC to try to persuade them to vote against the company's proposed merger with Max Capital.
In a statement released last night, Validus chief executive officer Ed Noonan said he was "extremel...
DATE: Apr 09, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda-based Pentelia Capital Management has teamed up with Japanese giant Mitsubishi Corporation to create a new alternative investment fund to focus on insurance-linked securities.
Eolia Diamond Ltd. starts with $132 million and will be involved w...
DATE: Apr 09, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda bond reinsurer Ram Holdings Ltd. has agreed to pay almost $100 million to Ambac to terminate its $7.4 billion portfolio of business with the US bond insurer.
Ram said the portfolio included $4.95 billion of public finance par outstanding and ...
DATE: Apr 09, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
IPC Holdings said last night that its board of directors had reaffirmed its commitment to a merger agreement with fellow Bermuda re/insurer Max Capital, after considering a rival offer from Validus Holdings.
IPC and Max announced their plans to merge...
DATE: Apr 08, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
CellularOne is to launch an upgraded wireless service that will allow its subscribers to make video calls and receive high-speed Internet service on their cell phones.
The third-generation (3G) UMTS network will also allow the use of SIM cards — whic...
DATE: Apr 07, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Shares of Bermuda bond insurer Assured Guaranty shot up by 20 percent on Friday, after the company announced its share of the US public projects business rocketed in the first quarter.
Assured, has benefited from being able to maintain its top credit...
DATE: Apr 06, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda-based bond reinsurer Ram Holdings Ltd. said it is considering delisting from the Nasdaq Stock Exchange and is not seeking to write any new business in the near term.
The comments came on Friday as the company announced a $55.8 million loss fo...
DATE: Apr 06, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Offshore financial centres are being made scapegoats for the global financial crisis, Shadow Finance Minister Bob Richards said yesterday.
Leaders of the world's major economies meet at the G20 summit in London today, having already promised some kin...
DATE: Apr 02, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
