1710 results returned for search: "" category "Business" author Jonathan Kent
Dublin is keenly eyeing any opportunities that might arise from the political risk which some insurance company bosses are concerned about in Bermuda.
That was the message from the European Insurance Forum in the Irish capital on Monday.
According to...
DATE: Apr 09, 2008
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AUTHOR:
Jonathan Kent
Fuel and power costs increased by a whopping 32 percent over the 12 months from February 2007 — but the rate of inflation fell to its lowest rate since last April.
The Consumer Price Index (CPI), released by the Department of Statistics yesterday, re...
DATE: Apr 08, 2008
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AUTHOR:
Jonathan Kent
Annuity and Life Re (Holdings) Ltd. on Friday reported a $16.9 million loss for the fourth quarter of 2007.
And the Bermuda-based company announced it will give back capital to shareholders starting with a 50-cent-per-share payment next month.
The ca...
DATE: Apr 07, 2008
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AUTHOR:
Jonathan Kent
Some people have a few drinks, get behind the wheel and suddenly — and dangerously — believe they can drive like Michael Schumacher.
Perhaps that is why Bermuda-based alcoholic beverages producer Bacardi Ltd. has hired the seven-time Formula One worl...
DATE: Apr 03, 2008
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AUTHOR:
Jonathan Kent
Asia Pacific investors have been showing great interest in Bermuda as a potential home for some of their money at a major hedge fund conference in Hong Kong.
That was the message from Bermuda International Business Association (BIBA) chief executive ...
DATE: Apr 03, 2008
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AUTHOR:
Jonathan Kent
Bermuda-based Arch Capital has teamed up with an investment company owned by a group of Arab states to create a new reinsurer called Gulf Re.
The new company will be domiciled in Dubai with $400 million of capital, with Arch and the Gulf Investment C...
DATE: Mar 18, 2008
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AUTHOR:
Jonathan Kent
Dubai has set out its stall to encroach on Bermuda's traditional territory of captive insurance and reinsurance.
Speaking on yesterday's opening morning of the World Insurance Forum (WIF), the Governor of host venue the Dubai International Financial ...
DATE: Mar 18, 2008
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AUTHOR:
Jonathan Kent
One of the Island's top insurance executives has said he will not allow any of his employees to be treated as "second-class citizens" and has called for Government to show sensitivity in its dealings with expatriate workers.
Speaking in Dubai, where ...
DATE: Mar 18, 2008
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AUTHOR:
Jonathan Kent
Bermuda-based bond insurer Security Capital Assurance Ltd. (SCA) last night said it would stop writing new business after it announced a fourth-quarter loss of $1.2 billion.
The loss, which amounted to $18.67 per share, was put down to its exposure t...
DATE: Mar 14, 2008
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AUTHOR:
Jonathan Kent
Finance Minister Paula Cox last night said the Island would "not be daunted" by verbal attacks launched on its reputation, after an American risk consultant suggested political corruption and the prospect of independence were the biggest threats to B...
DATE: Mar 14, 2008
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AUTHOR:
Jonathan Kent
