1727 results returned for search: "" category "Business" author Jonathan Kent
Ace Ltd. has become the first company in Bermuda to gain the new, updated Investors In People (IIP) standard.
At a reception at the global insurer's Woodbourne Avenue offices, chief executive officer Evan Greenberg said IIP principles were in line wi...
DATE: May 13, 2008
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AUTHOR:
Jonathan Kent
Bermudian Gino Smith earned a standing ovation from some 350 insurance industry peers on Saturday evening after a speech outlining his meteoric rise from a pack-racing youth to an assistant vice-president at XL Re.
Accepting his award as Young (Re)in...
DATE: May 12, 2008
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Jonathan Kent
Two accountants at the Bermuda-based office of the Arthur Morris Group of Companies have been handed the considerable task of assessing what is required to manage the winding up of the IPOC International Growth Fund and eight related companies.
Dudle...
DATE: May 09, 2008
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AUTHOR:
Jonathan Kent
The allegation that a US intelligence-gathering firm had bribed an employee of KPMG Advisory Services, the company hired by the Bermuda Finance Ministry to carry out an inspection of the IPOC Fund, provided an intriguing sideshow to the long-running ...
DATE: May 09, 2008
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AUTHOR:
Jonathan Kent
Bermuda will receive around $22.5 million as its share of funds confiscated from the IPOC International Growth Fund, as agreement was reached to wind up the fund in Supreme Court yesterday.
Around $45 million was confiscated as a results of a crimina...
DATE: May 08, 2008
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AUTHOR:
Jonathan Kent
CellularOne owners Bermuda Digital Communications recorded revenue of $5.3 million in the first quarter of this year.
Results published by US telecommunications company Atlantic Tele-Networks (ATN), which owns a 58-percent stake in BDC, showed the co...
DATE: May 06, 2008
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AUTHOR:
Jonathan Kent
An American company which won a multi-million-dollar US government contract to train police officers in Iraq has been accused of using its Bermuda-based shell company to shield itself from US taxes.
Yesterday's edition of the Boston Globe reported th...
DATE: May 05, 2008
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AUTHOR:
Jonathan Kent
Bermuda reinsurer Validus Holdings Ltd. yesterday reported a 17-percent increase in net income, thanks in part to its acquisition of Lloyd's specialty insurer Talbot.
Validus said its net income for the first three months of 2008 totalled $66.5 milli...
DATE: May 02, 2008
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AUTHOR:
Jonathan Kent
Bermuda-headquartered Ace Ltd. last night announced its net income fell 46 percent after it suffered investment losses.
Profits plunged to $377 million, or $1.10 per share, compared to $701 million last year, or $2.10 per share during the same period...
DATE: Apr 30, 2008
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AUTHOR:
Jonathan Kent
Bermuda-based Axis Capital Holdings Ltd. yesterday reported record first-quarter earnings of $238 million, up four percent on the same three months last year.
Broken down, the earnings amounted to $1.48 per share, compared to $1.37 in 2007, and the r...
DATE: Apr 29, 2008
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AUTHOR:
Jonathan Kent
