1710 results returned for search: "" category "Business" author Jonathan Kent
Bermuda insurer, pension provider and investment firm BF&M Ltd. yesterday announced a $13.2 million profit for the first six months of this year — up eight percent on the same period last year.
Return on shareholders' equity was 20 percent, as chief ...
DATE: Sep 03, 2008
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AUTHOR:
Jonathan Kent
The Bermuda Supreme Court has appointed a liquidation committee for the IPOC Fund and affiliated companies, with a view to dividing up their remaining assets by November this year.
The controversial Bermuda-based fund did not contest a winding up ord...
DATE: Aug 29, 2008
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Jonathan Kent
Bermuda is not first choice as a new domicile for UK-based Brit Insurance, whose chief executive officer says the island's political stability is a concern.
Speaking at a press conference in London, yesterday, Brit's group CEO Dane Douetil said Bermu...
DATE: Aug 29, 2008
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AUTHOR:
Jonathan Kent
Bermuda can boast having 16 of the world's 35 top reinsurers, according to a survey published by rating agency AM Best.
In a table of companies ranked according to gross premiums written in 2007, Everest Re Group was the highest-ranked Bermuda compan...
DATE: Aug 28, 2008
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AUTHOR:
Jonathan Kent
Bermuda-based reinsurer RenaissanceRe Holdings Ltd. has helped to create a new exhibition at Walt Disney World which will enable visitors to experience the power of a hurricane.
"StormStruck: A Tale of Two Homes" officially opened at the Epcot Centre...
DATE: Aug 27, 2008
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AUTHOR:
Jonathan Kent
XL Capital Ltd. is expected to continue producing solid operating results following the resolution of its problems related to troubled bond insurer Syncora Holdings (formerly known as Security Capital Assurance), according to ratings agency AM Best.
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DATE: Aug 26, 2008
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AUTHOR:
Jonathan Kent
Flagstone Reinsurance Holdings Ltd.'s ratings from AM Best will remain unchanged following the corporate re-organisation that will see the company's Bermuda underwriting unit merge into its Swiss operation.
Rating agency Best said yesterday that the ...
DATE: Aug 26, 2008
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AUTHOR:
Jonathan Kent
When Bermuda-based insurance giant XL Capital Ltd. announced just before Cup Match that it was going to axe 47 local jobs, it sent shock waves through the community.
The Island has got used to its international business sector being an uninterrupted ...
DATE: Aug 22, 2008
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AUTHOR:
Jonathan Kent
Any notions that Bermuda could be somehow immune from the global economic downturn have been well and truly dispelled in recent months.
With inflation having reached an 18-year high this spring, electricity bills more than 20 percent higher than they...
DATE: Aug 22, 2008
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AUTHOR:
Jonathan Kent
Three Bermuda-connected insurance companies are named on the "dirty list" of insurers claimed to have written business in Burma in a report published by a human rights group.
The Burma Campaign UK had initially named a fourth - XL Capital Ltd. - but ...
DATE: Aug 21, 2008
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AUTHOR:
Jonathan Kent
