1727 results returned for search: "" category "Business" author Jonathan Kent
Finance Minister Paula Cox said last night that Ace Ltd. chief executive officer Evan Greenberg’s call for beefed-up regulation of the insurance industry suggested he was “not current” with improvements that had taken place at the Bermuda Monetary Au...
DATE: Mar 07, 2007
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AUTHOR:
Jonathan Kent
Fears for the future of Bermuda-based life reinsurer Scottish Re abated yesterday, after shareholders approved a $600-million take-over of the company by two investment institutions.
At an extraordinary general meeting at the Fairmont Hamilton Prince...
DATE: Mar 03, 2007
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AUTHOR:
Jonathan Kent
US lawmakers were yesterday warned that failure to extend the federal terrorism insurance backstop could be “economically devastating”.
Two leading insurance brokers and agents told the US Senate Committee on Banking, Housing and Urban Affairs that a...
DATE: Mar 01, 2007
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AUTHOR:
Jonathan Kent
The Bermuda-based IPOC International Growth Fund ? which is facing a winding up order from Finance Minister Paula Cox ? has been dealt another legal blow in a case in Switzerland.
The Swiss Supreme Court has ruled that IPOC does not have ownership ri...
DATE: Mar 01, 2007
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AUTHOR:
Jonathan Kent
A US Senator who is suing an insurance company over a claim made after he lost his home during Hurricane Katrina is behind proposed legislation that would eradicate the insurance industry?s limited antitrust exemption.
State Farm refused to pay Senat...
DATE: Mar 01, 2007
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AUTHOR:
Jonathan Kent
The Bermuda-based IPOC International Growth Fund — which is facing a winding up order from Finance Minister Paula Cox — has been dealt another legal blow in a case in Switzerland.
The Swiss Federal Tribunal has ruled that IPOC does not have ownership...
DATE: Mar 01, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda insurer BF&M Ltd. is branching out farther into the Caribbean.
Yesterday, the company’s chief executive officer John Wight said BF&M Life Insurance Company had struck a deal with LIV Insurance Brokers and Agents of the Bahamas.
The agreement ...
DATE: Feb 28, 2007
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AUTHOR:
Jonathan Kent
Bermuda investment company LOM Asset Management Ltd. yesterday predicted economic growth will slow in the US this year, while China’s economy will continue to expand at a rapid rate.
The company’s Investment Policy Committee yesterday suggested that ...
DATE: Feb 27, 2007
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AUTHOR:
Jonathan Kent
Bermuda investment company LOM Asset Management Ltd. yesterday predicted economic growth will slow in the US this year, while China?s economy will continue to expand at a rapid rate.
The company?s Investment Policy Committee yesterday suggested that ...
DATE: Feb 27, 2007
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda is a ?sophisticated, well-run financial centre? and is good for the global financial system, according to world-renowned financial publication The Economist.
The Island features in a positive way in a lengthy special report on offshore financ...
DATE: Feb 27, 2007
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AUTHOR:
Jonathan Kent
