1710 results returned for search: "" category "Business" author Jonathan Kent
Expect a few quarters of recession in the US, but things could start to turn around by next summer, provided the grip of the credit squeeze is eased.
That is the view of Brown Brothers Harriman (BBH) partner Jeffrey Schoenfeld, who was speaking to an...
DATE: Nov 10, 2008
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AUTHOR:
Jonathan Kent
Budding entrepreneurs at the western and eastern ends of the Island could be in line to receive a helping hand from Government.
The model of the Economic Empowerment Zone (EEZ), which has helped to commercially regenerate North East Hamilton, may be ...
DATE: Nov 10, 2008
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AUTHOR:
Jonathan Kent
Bermuda reinsurer Validus Holdings Ltd. suffered a net loss of $126.3 million for the third quarter, after taking big hits from hurricanes, investment losses and foreign exchange losses.
The class of 2005 company's first quarterly loss, which broke d...
DATE: Nov 07, 2008
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AUTHOR:
Jonathan Kent
Barack Obama's election as US president could bring an indirect boost to Bermuda business — if the Island's governing party embraces the message of inclusiveness that propelled the Democratic candidate to a resounding victory this week.
That is the v...
DATE: Nov 07, 2008
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Jonathan Kent
Bermuda is described as an "offshore secrecy jurisdiction" in legislation put forward by Sen. Obama himself, in conjunction with Sen. Carl Levine and Sen. Norm Coleman.
The Stop Tax Havens Abuse Act names Bermuda and 33 other jurisdictions, including...
DATE: Nov 06, 2008
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AUTHOR:
Jonathan Kent
Bermuda's insurance industry will face "policy challenges" with the new Obama administration on international business taxation and the management of natural catastrophe risk.
That is the view of Bradley Kading, of the Association of Bermuda Insurers...
DATE: Nov 06, 2008
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AUTHOR:
Jonathan Kent
The value of Bermuda's insurance industry to the US economy means Barack Obama is unlikely to push for legislation that would damage it after he takes office as the US President next January.
That's the view of Association of Bermuda International Bu...
DATE: Nov 06, 2008
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AUTHOR:
Jonathan Kent
Bermuda insurer and reinsurer Argo Group made a net third-quarter loss of $8.8 million on hurricane and investment losses, the company announced last night.
Claims resulting from Gustav and Ike are likely to add up to $60 million, Argo said in its ea...
DATE: Nov 04, 2008
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AUTHOR:
Jonathan Kent
Flagstone Reinsurance Holdings Ltd. last night reported a net loss of $186.5 million for the third quarter, as it revised its expected losses from hurricanes Gustav and Ike upwards by $30 million and announced a negative 7.2 percent return on investm...
DATE: Nov 04, 2008
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AUTHOR:
Jonathan Kent
XL Capital Ltd. and American International Group were both downgraded by stock analysts on Friday — but the two insurers received very different responses from the market.
Bermuda-based XL was downgraded from "buy" to "neutral" by Banc of America Sec...
DATE: Nov 03, 2008
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AUTHOR:
Jonathan Kent
