1727 results returned for search: "" category "Business" author Jonathan Kent
Two Bermudian women who earned promotion to senior posts at Ace Bermuda say hard work, networking, passion for the job and supportive family members are the keys to climbing the career ladder in the international insurance industry.
On Friday global ...
DATE: Apr 19, 2010
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AUTHOR:
Jonathan Kent
Finance Minister Paula Cox told an insurance industry audience that Government and the private sector had to work together to achieve a fulfilling relationship for the Bermuda insurance market to continue to thrive.
Speaking at a fundraising receptio...
DATE: Apr 16, 2010
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Jonathan Kent
Bermuda Commercial Bank Ltd. (BCB) yesterday announced it has sold a controlling interest to Bermuda-based exempted company Permanent Investments Ltd. in a deal worth around $34.2 million.
The bank's new owner, which is owned and funded by four inves...
DATE: Apr 16, 2010
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AUTHOR:
Jonathan Kent
Run-off may be one of the less fashionable aspects of the insurance industry — but there's real money to be made for capable operators with the necessary expertise.
That is reflected in the success of Bermuda-based Enstar Group Ltd., the world's bigg...
DATE: Apr 13, 2010
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AUTHOR:
Jonathan Kent
Butterfield Bank’s $130 million rights offering opened yesterday, giving qualifying shareholders the right to buy more shares for $1.21 each.
The rights to buy the Butterfield shares began trading on the Bermuda Stock Exchange yesterday, after the BS...
DATE: Apr 13, 2010
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AUTHOR:
Jonathan Kent
Hundreds of Butterfield Bank shareholders yesterday heard an apology from chairman Robert Mulderig for the failures at the bank that led to a more than 90 percent decline in share price over the past two-and-a-half years.
That was not enough for seve...
DATE: Apr 09, 2010
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AUTHOR:
Jonathan Kent
Butterfield Bank shareholders will today get the opportunity to voice their opinions directly to management in what is likely to be a stormy annual general meeting.
The meeting comes after a turbulent period for the bank, during which the bank's shar...
DATE: Apr 08, 2010
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AUTHOR:
Jonathan Kent
Asset management company WP Stewart & Co. Ltd. has announced plans to move its Bermuda operations and headquarters to New York, with the loss of five local jobs.
The company, which managed about $1.5 billion in assets as of the end of 2009, also reve...
DATE: Apr 07, 2010
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AUTHOR:
Jonathan Kent
The two major players in Bermuda's security market have joined forces to create a new company called Security Associates Ltd.
The amalgamation involves the security officers division of the Bermuda Security Group (BSG) and Safeguard International Sec...
DATE: Apr 06, 2010
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AUTHOR:
Jonathan Kent
The first three months of 2010 will likely turn out to be the most expensive first quarter in history for natural disaster reinsurance claims, according to global reinsurance broker Willis Re.
In a report entitled "Calm Amid Calamity", released last ...
DATE: Apr 05, 2010
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AUTHOR:
Jonathan Kent
