1727 results returned for search: "" category "Business" author Jonathan Kent
Bermuda-based Assured Guaranty Ltd. yesterday lost the bond insurance industry's last AAA credit rating, which had helped the company to dominate the US municipal bond insurance market.
But US billionaire investor Wilbur Ross, a major backer of Assur...
DATE: Oct 26, 2010
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AUTHOR:
Jonathan Kent
Arch Capital Group Ltd.'s third-quarter profits fell by nearly half compared to 2009, as catastrophe losses climbed as premium revenue fell.
The Bermuda-based insurer and reinsurer said last night that net income fro the July through September period...
DATE: Oct 26, 2010
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AUTHOR:
Jonathan Kent
With the surge of gun-related violence in Bermuda, violence in the workplace is becoming an increasing concern for organisations.
With that in mind, the Employee Assistance Programme of Bermuda is holding a seminar on the subject, featuring Paul Viol...
DATE: Oct 22, 2010
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AUTHOR:
Jonathan Kent
Bermuda's balance of payments surplus rose more than 50 percent to $269 million in the second quarter of 2010.
The figure, which represents the difference between receipts and payments in transactions with overseas entities represents a $90 million i...
DATE: Oct 22, 2010
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AUTHOR:
Jonathan Kent
Troncossi Public Relations is celebrating its 10th birthday.
Managing director Elizabeth Tee, who founded the company, said there had been a growing appreciation of the benefits of public relations in the decade since.
The company, which now has a st...
DATE: Oct 22, 2010
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AUTHOR:
Jonathan Kent
A new player has joined the Bermuda international insurance market with the launch yesterday of Paraline Group Ltd.
The new company has been established by the executive team of US insurer ICAT Holdings, led by chairman and chief executive officer Ja...
DATE: Oct 22, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based Platinum Underwriters Holdings Ltd.'s third-quarter earnings fell 14 percent on an estimated loss of $28.5 million from last month's earthquake in New Zealand.
Last night the reinsurer announced net earnings of $93.7 million for July th...
DATE: Oct 21, 2010
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AUTHOR:
Jonathan Kent
Hardy Underwriting Bermuda Ltd. yesterday rejected a $250 million takeover bid from Beazley plc.
Hardy, which moved its domicile from London to Bermuda in 2008, said its board voted unanimously to reject the approach.
Beazley said yesterday it had of...
DATE: Oct 19, 2010
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AUTHOR:
Jonathan Kent
Butterfield Bank is using some advice from major shareholder the Carlyle Group to help ensure that the investment problems that plagued it over the past three years cannot happen again.
The bank's new chief financial officer Brad Rowse told The Royal...
DATE: Oct 19, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based telecommunications group KeyTech Ltd. is investing around $2 million to extend its fibre optic network in the Cayman Islands as it seeks to boost its corporate data services business.
KeyTech is aiming to capitalise on its acquisition l...
DATE: Oct 18, 2010
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AUTHOR:
Jonathan Kent
