1727 results returned for search: "" category "Business" author Jonathan Kent
Alterra Capital Holdings Limited, the company formed by the merger of Max Capital Group and Harbor Point Re, has amalgamated its Bermuda operating subsidiaries.
The merging of the two units, Alterra Insurance Ltd. and Harbor Point Re Ltd., will creat...
DATE: Sep 08, 2010
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AUTHOR:
Jonathan Kent
Credit rating agency Standard & Poor’s Ratings Services has 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 to pay h...
DATE: Sep 07, 2010
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Jonathan Kent
Prices are firmer in the residential property market this year than they have been in the falling market of the past two years, according to the latest Government figures.
But buying and selling activity has fallen significantly, as prospective buyer...
DATE: Sep 07, 2010
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Jonathan Kent
XL Insurance (Bermuda) Ltd. (XLIB) will next week hold a seminar on dealing with food product recalls as it launches of its new broad form Product Contamination policy.
The event, which will take place next Wednesday at XL House in Bermudiana Road, i...
DATE: Sep 03, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based mutual insurance company Oil Insurance Ltd. is likely to foot some of the bill for claims arising from yesterday's oil rig explosion in the Gulf of Mexico.
The oil and gas platform operated by Mariner Energy burst into flames yesterday ...
DATE: Sep 03, 2010
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AUTHOR:
Jonathan Kent
Thousands of life insurance policyholders who have been left in limbo since the winding up of the British American Insurance Company (BAICO) last year will soon receive some news, probably as early as next week.
The Royal Gazette understands that the...
DATE: Sep 03, 2010
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AUTHOR:
Jonathan Kent
Insured losses from Hurricane Earl's rampage across the Caribbean will range from $50 million to $150 million, according to catastrophe modelling experts AIR Worldwide.
The storm, which last night appeared to be heading for North Carolina, caused wid...
DATE: Sep 02, 2010
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AUTHOR:
Jonathan Kent
Francis Mussenden retires today as president and chief executive officer of the Bermuda Telephone Company, ending a 35-year career with the firm.
He will be replaced by Lloyd Fray, CEO of M3 Wireless and Logic Communications and a director of BTC, th...
DATE: Sep 01, 2010
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AUTHOR:
Jonathan Kent
Bermudian business consultant Kumi Bradshaw has written a book aimed at helping entrepreneurs with the challenges of evaluating and financing a business.
"Show Me The Money! Understanding the Value of Your Business" aims to answer some of the frequen...
DATE: Sep 01, 2010
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AUTHOR:
Jonathan Kent
The Bermuda Monetary Authority has fined First Bermuda Group Ltd. (FBG) $100,000 for breaching anti-money laundering regulations.
FBG becomes the first firm to be fined under the BMA's enhanced enforcement powers under the Proceeds of Crime Regulatio...
DATE: Aug 31, 2010
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AUTHOR:
Jonathan Kent