1727 results returned for search: "" category "Business" author Jonathan Kent
Reinsurance companies may have a harder time recapitalising than they have done in the past, if the industry has to pay out heavily for a major catastrophe this year.
That was one of the conclusions of a report by global brokers Willis Group, which s...
DATE: Jul 02, 2008
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Jonathan Kent
The Fairmont Southampton resort enjoyed its second successive record year in 2007 — and its marketing team has won an global award from the global hotel group to mark the achievement.
Revenue for the South Shore hotel soared by $11 million in 2007 co...
DATE: Jul 02, 2008
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Jonathan Kent
Bermuda-based commercial insurer XL Capital Ltd. saw its share price sink to its lowest level in more than 13 years after the outlook on its claims-paying ability was lowered to "negative" by Fitch Ratings yesterday.
The ratings firm expressed concer...
DATE: Jul 01, 2008
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Jonathan Kent
Like many executives of Bermuda's global reinsurers, Flagstone Re chairman Mark Byrne's job often involves flying to far-flung corners of the globe in a private jet.
Unlike most executives, however, Mr. Byrne often pilots the plane himself.
A self-co...
DATE: Jun 30, 2008
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Jonathan Kent
The sub-prime mortgage crisis still has about half its course to run, according to an executive director of investment bank Morgan Stanley.
Speaking at the Bermuda Captive Conference yesterday, Christopher Rasmussen warned that the wave of payment de...
DATE: Jun 20, 2008
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Jonathan Kent
A Hamilton store is claiming to be the first in Bermuda to be offering rental movies on the Blu-ray Disc format.
Wilmont Simmons, co-owner of Double W Home Entertainment on Parliament Street, said the store stocked about 100 titles so far in the high...
DATE: Jun 19, 2008
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Jonathan Kent
Bermuda will be in a "socially dangerous space" if Bermudians believe they are not getting a fair careers opportunities in the high-paying insurance industry, Premier Ewart Brown told delegates at the Bermuda Captive Conference yesterday.
Dr. Brown, ...
DATE: Jun 18, 2008
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AUTHOR:
Jonathan Kent
Around one in five US residents lives within 10 miles of a coastline vulnerable to hurricanes and the coastal population — together with the risk for property catastrophe insurers and reinsurers — continues to grow.
That was the message from Aon Re's...
DATE: Jun 18, 2008
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Jonathan Kent
Organisers of the World Insurance Forum (WIF) yesterday invested $75,000 from proceeds raised by their 2008 event in Dubai in training young people for the Bermuda insurance market.
In a presentation at XL House in Hamilton yesterday, executive direc...
DATE: Jun 13, 2008
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Jonathan Kent
Bermuda's straining infrastructure may be the major threat to the future growth prospects of the Island's insurance market, according to a top executive.
XL Re chief executive officer Greg Hendrick told the audience at the Insurance Day Summit this w...
DATE: Jun 13, 2008
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AUTHOR:
Jonathan Kent
