1727 results returned for search: "" category "Business" author Jonathan Kent
Rising sea level and more frequent high-intensity storms are two of the likely results of climate that will have a serious impact on the insurance industry.
That is the view of Bermuda Institute for Ocean Sciences director Tony Knap, who gave delegat...
DATE: Mar 17, 2010
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AUTHOR:
Jonathan Kent
XL Capital chief executive officer Mike McGavick said he's "jealous" of American International Group's continuing support from the US Government.
The notion that some financial institutions were "too big to fail" notion was flawed, Mr. McGavick told ...
DATE: Mar 17, 2010
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Jonathan Kent
Climate change could provide an opportunity for growth in the re/insurance industry — but only if pricing levels keep pace with increasing risk levels.
That is the view of Barney Schauble, managing principal of Bermuda-based investment fund Nephila C...
DATE: Mar 17, 2010
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Jonathan Kent
Roger Gillett has stepped down as chairman of the Bermuda Insurance Development Council (IDC) after 14 years in the voluntary role.
Mr. Gillett will be replaced by Allison Towlson, senior vice-president, regional executive for Ace Bermuda.
"I've done...
DATE: Mar 16, 2010
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Jonathan Kent
Swiss Re boss Stefan Lippe expects to see more mergers and acquisitions in the insurance industry as companies seek to make good use of the capital accumulated last year.
The chief executive officer of the world's second-biggest reinsurer was speakin...
DATE: Mar 16, 2010
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AUTHOR:
Jonathan Kent
A prominent supporter of a change in US tax policy that could impose a higher tax burden on the Bermuda insurance market yesterday said that such legislation could cause "collateral damage" in the industry if not carefully written.
Ted Kelly, chief e...
DATE: Mar 16, 2010
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Jonathan Kent
The World Insurance Forum will be broadcast live via the Internet today and tomorrow.
The two-day conference, which features an array of industry leaders, gets under way at Tucker's Point Hotel this morning.
Panels of CEOs will discuss hot industry t...
DATE: Mar 15, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based Omega Insurance Holdings faces a shareholder vote today on major board changes that could see two Bermuda insurance veterans added to its directors.
Invesco, its largest shareholder, is seeking to remove chairman Walter Fiederowicz and ...
DATE: Mar 12, 2010
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AUTHOR:
Jonathan Kent
RenaissanceRe Holdings Ltd. anticipates that claims from last month's Chile earthquake and European windstorm will be "material" - but the Bermuda reinsurer still expects to make a first-quarter profit.
Bermuda rival Platinum Underwriters last night ...
DATE: Mar 12, 2010
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AUTHOR:
Jonathan Kent
Butterfield Bank shares went on a roller-coaster ride in yesterday's Bermuda Stock Exchange (BSX) trading, on the day the bank announced details of its $130 million rights offering.
Shareholders who subscribe to the offering will be able to purchase ...
DATE: Mar 11, 2010
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AUTHOR:
Jonathan Kent
