1682 results returned for search: "" category "Business" author Jonathan Kent
Randall & Quilter sees it Bermuda operation as the growth centre of its global business following its decision to redomicile to Bermuda from the UK nearly a year ago.
The group’s chief financial officer Tom Booth told The Royal Gazette that the compa...
DATE: May 21, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Merger and acquisition (M&A) activity soared in the first quarter, with the total value of deals done reaching $10.6 billion in Bermuda.
That represented an increase of $3.6 billion, or 51 percent from the first three months of last year, according t...
DATE: May 20, 2014
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
Bermuda beat out competition from Switzerland to become the domicile of the first-ever African catastrophe insurance pool, Economic Development Minister Grant Gibbons told MPs.
And it is anticipated that the risk pool, which initially has five signed...
DATE: May 19, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda beat out competition from Switzerland to become the domicile of the first-ever African catastrophe insurance pool, Economic Development Minister Grant Gibbons told MPs today.
As reported yesterday on The Royal Gazette website yesterday, the A...
DATE: May 16, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
UK re/insurer Brit plc says its new Bermuda office had a successful start to 2014.
The office, which has set up specialise in underwriting excess workers’ compensation reinsurance and catastrophe risks, wrote $16 million of premium in the first quart...
DATE: May 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
The XL Re Broker Golf Outing serves as a reminder of the role that golf can play in nurturing long-standing business relationships.
The event celebrated its 20th anniversary last week. Some 60 business partners who have been doing business with XL Gr...
DATE: May 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
A catastrophe insurance pool to insure a group of African countries against drought has been set up in Bermuda.
Willis Group Holdings plc, a global broker and risk adviser, said today it had secured $55 million of index-based reinsurance capacity to ...
DATE: May 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda insurer Enstar Group plans to merge two of its Lloyd’s managing agencies next year, sources told a British trade publication.
Enstar, which specialises in acquiring and managing insurers and books of business that have gone into run-off (that...
DATE: May 14, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Watlington Waterworks Ltd saw their profits slide 7.2 percent to $1.76 million, as abundant rainfall contributed to the company’s weakest results in five years.
The Bermuda Stock Exchange-listed company provides potable water through its pipelines to...
DATE: May 13, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Shares of Bermuda-based insurer Tower Group International Ltd surged more than 30 percent yesterday after the company announced an amendment to its merger agreement with fellow Bermuda company ACP Re Ltd.
In Nasdaq trading in New York, Tower shares w...
DATE: May 09, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
