1727 results returned for search: "" category "Business" author Jonathan Kent
London-based insurer Chaucer Holdings Plc has decided to remain a UK company — for now — after looking at whether it should change domicile.
The company announced earlier this year that it was undertaking a review to determine whether a move could be...
DATE: Aug 27, 2010
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AUTHOR:
Jonathan Kent
Terrorism insurance rates could rocket and coverage would become hard to obtain for the most vulnerable areas if the US Government discontinues its terrorism insurance backstop.
That is the view of leading insurance broker Marsh, which expressed its ...
DATE: Aug 26, 2010
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AUTHOR:
Jonathan Kent
Five entrepreneurs are being offered the chance of an all expenses paid trip to London in a competition sponsored by British Airways in conjunction with the Bermuda Small Business Development Corporation (BSBDC) and the Economic Empowerment Zone (EEZ...
DATE: Aug 25, 2010
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AUTHOR:
Jonathan Kent
The impact of the Gulf of Mexico oil spill on the tourism industry has prompted Bermuda-based insurer Ironshore to offer better protection against such events to the sector.
Ironshore Environmental has expanded its suite of asset-class specific SPILL...
DATE: Aug 25, 2010
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AUTHOR:
Jonathan Kent
HSBC Bermuda mortgage holders face higher repayments after the bank announced yesterday it would increase its lending rate by 0.25 percent next month.
The increase, which becomes effective on September 1, takes HSBC's base lending rate for Bermuda do...
DATE: Aug 25, 2010
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AUTHOR:
Jonathan Kent
The impact of the Gulf of Mexico oil spill on the tourism industry has prompted Bermuda-based insurer Ironshore to offer better protection against such events to the sector.
Ironshore Environmental has expanded its suite of asset-class specific SPILL...
DATE: Aug 24, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based specialty re/insurer Hiscox Ltd. saw its profits plunge by nearly a third in the first half of the year, on heavy catastrophe claims.
Hiscox, which is domiciled on the Island and also has a significant underwriting platform here, posted...
DATE: Aug 24, 2010
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AUTHOR:
Jonathan Kent
Insurer, pension provider and investment company BF&M Ltd.'s insurance operating companies have seen their financial strength rating affirmed at A (excellent) by rating agency AM Best Co.
But the New Jersey-based agency has expressed some concern at ...
DATE: Aug 23, 2010
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AUTHOR:
Jonathan Kent
Hedge fund manager Paolo Pellegrini — whose PSQR Capital Management has an office in Bermuda and who helped Paulson & Co. to make $3 billion out of the bets on the US housing crash — is to return money to investors in his fund by next month.
The PSQR...
DATE: Aug 23, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based Catlin Group has seen the financial strength ratings of its operating subsidiaries affirmed at A by ratings agency AM Best Co.
The New Jersey-based ratings agency said in its ratings commentary that the group's capitalisation is expecte...
DATE: Aug 23, 2010
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AUTHOR:
Jonathan Kent
