1727 results returned for search: "" category "Business" author Jonathan Kent
Bermuda-based investment firm LOM (Holdings) Ltd., as well as brothers Scott Lines and Brian Lines, have agreed to settle with US financial regulator, the Securities and Exchange Commission (SEC), over a long-running fraud complaint.
The revelation, ...
DATE: Sep 28, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Higher capital requirements for European Union-based insurers from the imminent Solvency II regulations may increase the market for global reinsurers — which could be good news for the Bermuda market.
That is the view expressed in a report jointly pr...
DATE: Sep 24, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda's status as the leading reinsurance domicile is facing a "credible threat" from the likes of Dublin and Zurich, as regulatory changes and potential tax legislation encourage companies to consider other bases.
That is the view of global reinsu...
DATE: Sep 23, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Argus Group Holdings Ltd.'s voluntary suspension of trading on the Bermuda Stock Exchange (BSX) is to continue.
The suspension has lasted six weeks after the insurer and investment company said it had given insufficient notice of its Annual General M...
DATE: Sep 15, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Hundreds of the leading lights of the reinsurance industry will be guests at the 'Bermuda Reception' in Monte Carlo today.
Around 500 people, including a strong contingent from the Island's reinsurance industry, are expected to attend the lunchtime e...
DATE: Sep 15, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Most hedge fund investors don't care whether the entities they invest in are based in offshore or onshore domiciles.
That was one of the findings of a report by global accountancy firm KPMG, entitled: "Transformation: The Future of Alternative Invest...
DATE: Sep 14, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
The Argus Group has expended its reach overseas after its Gibraltar-based insurance unit bought a business in Malta.
Argus Insurance Company (Europe) acquired Fogg Insurance Agencies for an undisclosed sum, the Gibraltar Chronicle reported. The acqui...
DATE: Sep 13, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda residents are a step closer to having insurance coverage for their cash in the bank.
Financial regulator the Bermuda Monetary Authority yesterday published a consultation paper on its plans for a deposit insurance scheme.
Aimed at protecting ...
DATE: Sep 10, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
XL Insurance Bermuda Ltd. (XLIB) yesterday shone the spotlight on food product safety, in the aftermath of the recall of hundreds of millions of eggs in the US.
Around 40 people, many of them brokers, attended a seminar at XL House yesterday on the c...
DATE: Sep 09, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Credit rating agency Standard & Poor's Ratings Services last night raised its outlook on Bermuda's creditworthiness to stable from negative.
The action lifts the immediate threat of a credit downgrade, which would have resulted in Government having t...
DATE: Sep 08, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
