1727 results returned for search: "" category "Business" author Jonathan Kent
Endurance Specialty Holdings Ltd has increased the value of its takeover offer for fellow Bermuda re/insurer Aspen Insurance Holdings Ltd and is making moves to shake up the Aspen board of directors.
Endurance’s move comes after Aspen’s board vehemen...
DATE: Jun 03, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Dark n’ stormy and golf are a perfect match — and that is helping the Bermudian beverage company Gosling’s to drive up sales in the US with promotional spin-off benefits for the Island.
Yesterday, Gosling’s — the maker of Black Seal Rum, one of the i...
DATE: May 30, 2014
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CATEGORY:
Local Business
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AUTHOR:
Jonathan Kent
Fast-growing Bermuda-based fund administrator Equinoxe Alternative Investment Services Ltd today announced a strategic relationship with Asia-focused HFO Pty Ltd that opens up significant expansion opportunities.
HFO, a hedge fund services provider w...
DATE: May 29, 2014
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
Amlin plc warned on increasing competition in the property and catastrophe reinsurance market as it reported that gross premiums written grew five percent during the first quarter, driven by strong growth in its Bermuda unit.
The British company’s op...
DATE: May 23, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Good food, friendly service and Bermudian staff out front dealing with customers — that is the formula that has enabled the group that owns the Flanagan’s restaurant to expand through a lingering recession.
Now Harbourside Holdings Ltd is preparing t...
DATE: May 23, 2014
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CATEGORY:
Local Business
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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