1727 results returned for search: "" category "Business" author Jonathan Kent
Lloyd's of London insurer Hardy Underwriting has made an underwriting profit for every one of its more than 30 years in business.
And chief executive officer Barbara Merry believes its move of domicile from the UK to Bermuda will help it to keep that...
DATE: May 20, 2008
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda-based Ram Holdings Ltd. last night reported a first-quarter net loss of $189.5 million, largely because of a fall in the value of the credit derivatives it reinsures.
Broken down, the financial guaranty reinsurer's loss amounted to $6.95 per ...
DATE: May 20, 2008
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Work permit time limits have not led to the exodus of foreign workers from Bermuda that some had predicted, employment services expert Doug Soares told a conference in the Cayman Islands last week.
But Mr. Soares, a partner at Bermuda employment serv...
DATE: May 19, 2008
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
A New York hedge fund manager intends to create a $145 million "ultra-luxury resort" on the site of the old Lantana cottage colony.
Lawrence Doyle said he had bought out the previous owners of the 9.6-acre Somerset site, Lantana Resort Ltd. and Great...
DATE: May 19, 2008
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda-based political risk specialist Sovereign Risk Insurance Ltd. plans to set up its first overseas office in Dubai.
Sovereign, which is owned by Ace Bermuda Insurance Ltd., a wholly owned subsidiary of Ace Ltd., has a staff of 10, one of whom w...
DATE: May 15, 2008
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Property losses resulting from the earthquake that shook China this week could total between $10 billion and $20 billion, according to the early analysis of two of the world's leading catastrophe modelling firms — but only a fraction of that cost wil...
DATE: May 15, 2008
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda residents spent 54 percent more on overseas purchases in March than they did in the same month a year earlier, according to figures released by Government yesterday.
Purchases declared by returning residents totalled $5.1 million, a year-on-y...
DATE: May 14, 2008
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
The man who was widely thought to be the true owner of the Bermuda-based IPOC Fund has been fired as Russian Telecommunications Minister.
Leonid Reiman was named by a Swiss arbitration panel in 2006 as the true owner of the Fund, though he has always...
DATE: May 14, 2008
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
The redomestication of Ace Ltd.'s holding company to Switzerland will change nothing as regards the company's operations in Bermuda, the company's chief executive officer Evan Greenberg said yesterday.
Ace Ltd. has its roots in Bermuda and has long b...
DATE: May 13, 2008
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Women are now outnumbering men in terms of the numbers of Bermudians joining the Island's insurance industry.
The Bermuda Insurance Institute (BII), a registered charity that oversees insurance education, reported that 59 percent of graduates who pas...
DATE: May 13, 2008
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
