1684 results returned for search: "" category "Business" author Jonathan Kent
Gerova Holdings is to set up its the headquarters of its insurance operations in Bermuda. The company is a subsidiary of the international specialty reinsurer Gerova Financial Group, which was set up in January this year. Its offices will be located ...
DATE: May 21, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda reinsurers have a powerful backer in their battle against proposed US tax changes that could be harmful to the Island's biggest industry — the European Union.
The EU has fired off letters to several US trade and finance officials, including T...
DATE: May 21, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda-based Omega Insurance Holdings Ltd. saw insurance sale rise by almost a fifth during the first quarter.
In its interim statement on the first three months of this year, Omega said gross written premiums rose 18 percent to $124.5 million, comp...
DATE: May 21, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Information technology company GMD Consulting Ltd. has been invited to present on Bermuda's Electronic Vehicle Registration system (EVR) by the International Bridge, Tunnel and Turnpike Association (IBTTA) in Boston next week.
GMD consultant and pres...
DATE: May 20, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Flagstone Reinsurance Holdings is no longer a Bermuda-based company.
Yesterday the class of 2005 reinsurer announced it had completed the change of corporate domicile to Luxembourg, after the completion of legal formalities in Bermuda and the tiny Gr...
DATE: May 19, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
HSBC Holdings' group chief executive officer Michael Geoghegan said yesterday that the global banking giant's Bermuda operation is a major contributor and he expects the business to grow.
In an interview with The Royal Gazette, Mr. Geoghegan, who was...
DATE: May 19, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda has now concluded successful negotiations on tax information exchange agreements (TIEAs) with all G7 countries, after reaching an agreement with Italy.
Finance Minister Paula Cox said yesterday she expects the TIEA to be signed before the end...
DATE: May 18, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
It's not only multinational corporations who channel their funds through Bermuda with the goal of trimming their tax bills.
At least two English football clubs are owned through entities based on the Island, according to a report in The Times.
Mohame...
DATE: May 18, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Butterfield Bank's $130 million rights offering was oversubscribed, the company announced yesterday.
The success of the biggest common share offering in Bermuda's history increases the proportion of the bank that is locally owned.
And it indicates th...
DATE: May 14, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Building materials sales fell by more than a quarter in March, driving retail sales to another negative month.
But in most other retail sectors there were signs that the trend of falling sales of the past two years may be bottoming out.
Figures rele...
DATE: May 14, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
