1727 results returned for search: "" category "Business" author Jonathan Kent
Bermuda's economy dropped off dramatically in the fourth quarter of last year, according to statistics released by the Government yesterday.
The numbers in the Quarterly Bulletin of Statistics paint a picture of a slumping local economy being propped...
DATE: Apr 01, 2010
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AUTHOR:
Jonathan Kent
The construction industry has gone from boom to bust, figures released this week by the Government show.
The Quarterly Bulletin of Statistics highlights an alarming shrinkage in the industry which employed more that 3,600 people — or nine percent of ...
DATE: Apr 01, 2010
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AUTHOR:
Jonathan Kent
A new captive management company has been born out of the reorganisation of General Motors' Bermuda-based captive insurance company.
General International Ltd. (GIL) will no longer be managed by its own staff. Instead it will be run by Granite Manage...
DATE: Mar 31, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based re/insurer Flagstone Reinsurance Holdings has invested $12 million into the LeapFrog "micro-insurance" fund which aims to provide insurance to some of the world's poorest people.
LeapFrog, whose aim is to provide quality insurance to 25...
DATE: Mar 30, 2010
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AUTHOR:
Jonathan Kent
Bermuda institutions and individuals filed reports of suspicious activity — which indicates a suspicion of money laundering or terrorism financing — at a rate of almost two per day last year.
Attorney General Kim Wilson said last week that the Financ...
DATE: Mar 29, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based corporations are among those targeted by legislation approved by the US House of Representatives this week.
The legislation was part of a jobs bill that went before the House on Wednesday, which will attempt to raise $7.7 billion from c...
DATE: Mar 26, 2010
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AUTHOR:
Jonathan Kent
US lawmaker Richard Neal yesterday held a meeting of Congressional colleagues and US insurance executives to muster support for a US tax measure that could hit the bottom lines of Bermuda re/insurers.
Rep. Neal's meeting yesterday, according to TheHi...
DATE: Mar 25, 2010
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AUTHOR:
Jonathan Kent
What started out as a project to raise awareness of Bermuda re/insurer Catlin Group as a global brand has ended up being a ground-breaking — or more literally ice-breaking — scientific project.
For Catlin's chief executive Stephen Catlin, the Catlin ...
DATE: Mar 25, 2010
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AUTHOR:
Jonathan Kent
The Bermuda insurance market could have to fork out as much as $1.7 billion in claims related to catastrophes that struck in the first quarter.
Last month's earthquake in Chile and a violent European windstorm called Xynthia — not to mention winter s...
DATE: Mar 24, 2010
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AUTHOR:
Jonathan Kent
Flagstone Reinsurance Holdings Ltd. plans to move its holding company from Bermuda to Luxembourg, as it seeks to establish its identity as a European company.
The move will have no impact on its underwriting operations in Bermuda, where the company w...
DATE: Mar 23, 2010
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AUTHOR:
Jonathan Kent
