1727 results returned for search: "" category "Business" author Jonathan Kent
KeyTech Ltd., the parent company of the Bermuda Telephone Company, yesterday announced 2006/07 net income of $9.1 million — a fall of $2.6 million from the previous year.
In a statement yesterday, the company said costs relating to accounting changes...
DATE: Jun 27, 2007
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AUTHOR:
Jonathan Kent
Capital G Bank president and chief executive officer Stephen Freeman has resigned for personal reasons after less than four months in the job.
Capital G announced yesterday that Mr. Freeman's decision to leave was based purely on personal matters, wh...
DATE: Jun 26, 2007
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AUTHOR:
Jonathan Kent
Bermuda specialist insurer Hiscox has paid out $55 million to buy a company which insures livestock.
And the Lloyd's insurer, which is listed in the UK but has redomiciled to the Island, also announced a good start to the year.
Hiscox recorded gross ...
DATE: Jun 26, 2007
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AUTHOR:
Jonathan Kent
Finance Minister Paula Cox will set out her vision for a globally competitive Bermuda insurance market tomorrow morning, when her keynote address opens the inaugural Insurance Day Summit Bermuda.
The two-day event at the Fairmont Hamilton Princess wi...
DATE: Jun 18, 2007
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AUTHOR:
Jonathan Kent
Aspen Re is to step up its presence in the European reinsurance market by opening an office in Switzerland.
The new operation in Zurich, described by the company as "a major office", will serve as the hub for Aspen's European reinsurance activity.
As...
DATE: Jun 15, 2007
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AUTHOR:
Jonathan Kent
Bermuda-based Quanta Capital Holdings Ltd. has attracted strong investor interest over the past week resulting in a 10.5 percent rise in its share price.
The boost in the insurer and reinsurer's fortunes came about after the company announced on June...
DATE: Jun 14, 2007
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AUTHOR:
Jonathan Kent
Proposed changes to US tax laws put forward by senior members of the Democratic Party are likely to feature high on the agenda of Premier Ewart Brown and Finance Minister Paula Cox when they meet US lawmakers in Washington this week.
At a Cabinet Off...
DATE: Jun 13, 2007
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AUTHOR:
Jonathan Kent
PartnerRe chief executive officer Patrick Thiele yesterday joined other industry leaders in calling for changes to the complex US system of insurance regulation.
All 50 US states have their own regulations, which has long been a source of red, tape, ...
DATE: Jun 08, 2007
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AUTHOR:
Jonathan Kent
Twelve Bermudian university students will get the chance to work a stint at three of the Island's international businesses this summer under a scheme aimed at giving locals a head start in their career.
The Summer Internship Programme (SIP), sponsore...
DATE: Jun 06, 2007
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AUTHOR:
Jonathan Kent
Bermuda-based RenaissanceRe Holdings Ltd. has created a new Island-based reinsurance company, specifically to cater to homeowners' business in Florida.
Starbound Reinsurance II Ltd. will create around $375 million in new reinsurance capacity for the ...
DATE: Jun 06, 2007
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AUTHOR:
Jonathan Kent