1727 results returned for search: "" category "Business" author Jonathan Kent
Finance Minister Paula Cox got a warm reception from insurance industry delegates in Boston yesterday, as she headed the Bermuda delegation in what has become a traditional walkabout at the RIMS annual conference.
Ms Cox said in an interview that it ...
DATE: Apr 28, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Butterfield Bank yesterday announced a first-quarter loss of $176.3 million — largely as a result of offloading most of the troubled assets that plunged the bank into turmoil over the past two years.
Chief Executive Officer Brad Kopp said that the ba...
DATE: Apr 28, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda re/insurer Axis Capital Holdings Ltd. posted a $112 million profit for the first quarter — despite catastrophe losses estimated at $147 million.
In its earnings statement last night, Axis estimated pre-tax net losses of around $100 million fo...
DATE: Apr 27, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
QuoVadis has become the first provider to roll out Switzerland's first national electronic ID, after signing up the Swiss Bar Association and its 9,000 members as new clients.
The 11 year-old company, which has expanded internationally out of humble ...
DATE: Apr 27, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
The Bermuda booth at the Risk and Insurance Management Society's (RIMS) annual conference in Boston attracted international interest yesterday.
Allison Towlson, chairman of Bermuda's Insurance Development Council (IDC), said the booth had seen a stro...
DATE: Apr 27, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda yesterday signed its first ever full double-taxation agreement (DTA) with the Kingdom of Bahrain.
The agreement is a reciprocal arrangement between the Middle Eastern country and Bermuda not to tax the repatriated income that a firm or a nati...
DATE: Apr 23, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
First-quarter catastrophe claims caused Bermuda reinsurer Platinum Underwriters Holdings Ltd. to report an 81 percent fall in first-quarter profit last night.
Platinum announced net earnings of $15.4 million, or 32 cents per share, for the first thre...
DATE: Apr 22, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
A strengthening US economy is likely to help Bermuda’s economy and balance of payments this year, Finance Minister Paula Cox said yesterday.
Last year’s plunge in the current account surplus was a reflection of difficult economic circumstances in Ber...
DATE: Apr 21, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda's annual current account surplus has fallen by half in the space of three years.
The figure, which represents the balance of the economic transactions between Bermuda residents and companies and overseas parties, shows how the Island's intern...
DATE: Apr 21, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
A group of leading London insurance executives has proposed a set of tax policy changes that it believes could tempt Bermuda companies to move to the UK.
The London 100, a group of executives and chairmen brought together by industry newsletter Insur...
DATE: Apr 19, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
