1727 results returned for search: "" category "Business" author Jonathan Kent
Bermuda-based technology start-up Trunomi wants to put people — rather than corporations — in control of their own personal data.
In pursuing this vision, the firm has already created technology solutions that will make people’s dealings with financi...
DATE: Nov 26, 2014
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
RenaissanceRe Holdings Ltd is to acquire fellow Bermuda reinsurer Platinum Underwriters Holdings, Ltd in a $1.9 billion cash-and-stock deal, the companies announced yesterday.
The deal is expected to close in the first half of next year. RenRe’s seni...
DATE: Nov 25, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Investing in stocks systematically has its benefits — but global investment house Schroders believes that to generate consistent outperformance over time, human portfolio managers are still needed to work alongside the computers.
Schroders puts those...
DATE: Nov 21, 2014
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Stephen Catlin says reinsurance bosses should not be so worried about what the future holds for their changing industry.
The founder and chief executive officer of Bermuda-based Catlin Group told conference delegates in Hamilton yesterday that fears ...
DATE: Nov 14, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda-based Catlin Group wrote more business in the first nine months of this year, as gross premiums written climbed 11 percent.
However, the company saw pricing fall 2.9 percent across its whole portfolio during the first three quarters, driven b...
DATE: Nov 14, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Reinsurers are far less cavalier and more investor-friendly than they used to be a couple of decades ago.
That is the view of PartnerRe chief executive officer Costas Miranthis, expressed on a CEOs’ panel at at the PwC/S&P Bermuda Reinsurance 2014 co...
DATE: Nov 13, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda insurer Argus is being sued for $15 million in damages by an American client who claims he lost millions allegedly invested in Bernard Madoff’s Ponzi scheme.
Antonio Calabrese, 61, says he lost $9 million and is suing Argus Group Holdings Ltd...
DATE: Nov 12, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Some reinsurance bosses believe the industry needs a major catastrophe to thin out a crowded marketplace and to reverse the ongoing trend of falling reinsurance prices.
That is something that industry analyst Taoufik Gharib, of Standard & Poor’s Rati...
DATE: Nov 12, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Western World Insurance Company, the US insurer acquired by Bermuda-based Validus Holdings Ltd last month, has been downgraded by ratings agency AM Best.
Best said last night that it had cut the financial strength rating of the pooled members of the ...
DATE: Nov 07, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Alternative capital is likely to survive alongside traditional reinsurance companies as the industry finds an effective balance between the two.
That is the view of Lixin Zeng, the chief executive officer of Validus Re’s alternative capital managemen...
DATE: Nov 07, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent