1682 results returned for search: "" category "Business" author Jonathan Kent
Insurance-linked securities could be heading for a second successive year of record issuance, says a unit of global insurance and reinsurance broker Willis Holdings Ltd.
Willis Capital Markets & Advisory said in a report that investor interest was co...
DATE: Jan 16, 2015
|
CATEGORY:
Reinsurance
|
AUTHOR:
Jonathan Kent
Plunging fuel costs limited the rise in the cost of living in November, according to Government statistics released today.
The Consumer Price Index measured the annual rate of inflation at 2.3 per cent, down from 2.6 per cent in October.
The main inf...
DATE: Jan 15, 2015
|
CATEGORY:
Economy
|
AUTHOR:
Jonathan Kent
Bermuda-based re/insurer Hiscox Ltd has agreed to buy two UK-based businesses from Randall & Quilter Investment Holdings Ltd to beef up its specialty insurance offerings for wealthy clients.
Randall & Quilter is also a Bermuda company, having redomic...
DATE: Jan 14, 2015
|
CATEGORY:
Reinsurance
|
AUTHOR:
Jonathan Kent
Jobs cuts and the merging of offices around the world are likely consequences of XL Group’s pending acquisition of Catlin — but it is too early to say exactly how that will affect the Bermuda operations of the two companies, says XL chief executive o...
DATE: Jan 12, 2015
|
CATEGORY:
Reinsurance
|
AUTHOR:
Jonathan Kent
Ratings agency AM Best says global reinsurers face significant market challenges and has maintained a negative outlook for the industry.
Bermuda is one of the world’s largest reinsurance hubs and companies’ profitability has been squeezed by falling ...
DATE: Jan 08, 2015
|
CATEGORY:
Reinsurance
|
AUTHOR:
Jonathan Kent
Shareholders of Bermuda-domiciled CatCo Reinsurance Opportunities Fund Ltd have benefited from a handsome return thanks to a lack of reinsurance claims.
The fund announced yesterday that it will pay a 5.9 cent dividend and additionally proposed a “re...
DATE: Jan 06, 2015
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda goes into 2015 with better economic growth prospects than at any time since the global financial crisis struck six years ago.
After a grim period marked by job losses, wage cuts and freezes, business closures, a severe property market slump, ...
DATE: Jan 02, 2015
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda dollar loans lent out by banks have hit a seven-year low, according to figures from the Island’s financial regulator.
The Bermuda Monetary Authority’s latest Regulatory Update, released last week, shows Bermuda dollar-denominated loans, advan...
DATE: Dec 29, 2014
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda-based bond insurer Assured Guaranty Ltd has agreed to pay $810 million to buy the financial guaranty business of Philadelphia-based Radian Group.
Assured’s chief executive officer Dominic Frederico said the deal would boost earnings per share...
DATE: Dec 24, 2014
|
CATEGORY:
Reinsurance
|
AUTHOR:
Jonathan Kent
News of nearly half a billion dollars of new alternative reinsurance capital emerged yesterday, as the flow of third-party money into the industry continues unabated.
The Bermuda Stock Exchange (BSX) announced the listing of $290 million worth of not...
DATE: Dec 23, 2014
|
CATEGORY:
Reinsurance
|
AUTHOR:
Jonathan Kent
