1683 results returned for search: "" category "Business" author Jonathan Kent
Bermuda reinsurers’ voracious appetite for repurchasing their own shares shows no sign of being sated.
Yesterday, Validus Holdings Ltd said it expected to buy back $238 million worth of its shares as the result of a tender offer, while PartnerRe Ltd ...
DATE: Dec 10, 2010
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AUTHOR:
Jonathan Kent
Residential properties are holding their value well despite the effects of the economic downturn.
That is the view of Buddy Rego, president of Rego Sotheby’s International Realty, who said the price of stand-alone homes had risen 11 percent and condo...
DATE: Dec 09, 2010
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Jonathan Kent
Mark Byrne has stepped down from the board of Flagstone Reinsurance Holdings, the company he co-founded in Bermuda five years ago.
The company also announced yesterday that it would pay more than $100 million to buy shares and a warrant owned by comp...
DATE: Dec 09, 2010
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AUTHOR:
Jonathan Kent
Two young Bermudian entrepreneurs are to launch a boutique selling exotic products from Thailand in a shopping night to be held at the Port O’ Call restaurant tomorrow night.
Rachel Sawden’s business, Wanderlust Boutique, will offer hand-made jewelle...
DATE: Dec 09, 2010
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AUTHOR:
Jonathan Kent
The annual rate of inflation fell back to three percent in October from its 19-month high of 3.4 percent the month before.
The figure was revealed in the Consumer Price Index, released by Government’s Department of Statistics yesterday.
The fuel and ...
DATE: Dec 08, 2010
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AUTHOR:
Jonathan Kent
It’s a tale of two houses, captured on a dramatic video.
Two wooden, three-bedroom houses, side by side, when a 95 mph wind starts raging.
Within a few moments one of the homes is reduced to a pile of debris by the violent gusts, while the other stan...
DATE: Dec 08, 2010
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AUTHOR:
Jonathan Kent
XL Group boss Mike McGavick and the man leading the development of new European insurance regulations known as Solvency II produced a lively exchange of views during the inaugural Bermuda Monetary Authority International Regulatory Forum yesterday.
M...
DATE: Dec 07, 2010
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AUTHOR:
Jonathan Kent
KeyTech Ltd. spent nearly $3 million on staff separation expenses in the six-month period through September as it trimmed its workforce, the company revealed yesterday.
The group, which owns the Bermuda Telephone Company, M3 Wireless and Logic Commun...
DATE: Dec 07, 2010
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AUTHOR:
Jonathan Kent
The man nicknamed “Mr Solvency II” said in Hamilton yesterday that he hoped Bermuda’s efforts to gain equivalency with the new European insurance rules would be successful.
Karel Van Hulle, who has spearheaded the development of new European Union in...
DATE: Dec 07, 2010
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AUTHOR:
Jonathan Kent
The man spearheading the development of the new Solvency II rules for insurers in Europe will take part in a panel discussion with top executives from the Bermuda market in Hamilton today.
Karel Van Hulle, head of Unit Insurance and Pensions, Financi...
DATE: Dec 06, 2010
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AUTHOR:
Jonathan Kent
