1685 results returned for search: "" category "Business" author Jonathan Kent
Bermuda was yesterday handed a position of influence in the future direction of international tax cooperation matters at a major Organisation for Economic Cooperation and Development (OECD) conference in Mexico City.
The Island was elected joint vice...
DATE: Sep 03, 2009
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AUTHOR:
Jonathan Kent
The Argus Group has signed a deal to take on around 500 health insurance clients of the British American Insurance Company (BAICO).
Efforts are also underway to find a solution for the approximately 4,000 life insurance policyholders of British Ameri...
DATE: Sep 02, 2009
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AUTHOR:
Jonathan Kent
Bermuda has not reached levels of public debt that would cause the UK alarm, Governor Sir Richard Gozney said yesterday.
His comments came after The Foreign and Commonwealth Office refused the Cayman Islands Government permission to borrow more money...
DATE: Sep 01, 2009
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Jonathan Kent
Bermuda-based insurer Ironshore Inc. has completed a $300 million capital raise that will increase its ability to capitalise on market opportunities.
The company said in a statement yesterday that the money will be used to support the continued expan...
DATE: Sep 01, 2009
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AUTHOR:
Jonathan Kent
A Bermuda Supreme Court judge has ordered $9 million held in a Bank of Bermuda HSBC account in the name of an insolvent Bernard Madoff feeder fund to be repaid to two institutions who invested the money shortly before the swindler's arrest last year....
DATE: Aug 31, 2009
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AUTHOR:
Jonathan Kent
Billionaire investor Wilbur Ross believes that Bermuda's insurance companies are trading at bargain share prices and that some should merge.
His comments come as rumours circulate within the Bermuda insurance community of a mega-merger being planned,...
DATE: Aug 28, 2009
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AUTHOR:
Jonathan Kent
Bermuda-based Ariel Reinsurance Company Ltd. has opened a branch office in Switzerland to make its first venture into credit and surety reinsurance.
Ariel Holdings Ltd. chairman and chief executive officer Don Kramer said yesterday he saw a real mark...
DATE: Aug 27, 2009
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AUTHOR:
Jonathan Kent
Bermuda's property insurers are breathing a sigh of relief after seeing virtually no claims resulting from the Island's brush with Hurricane Bill last weekend.
BF&M Ltd. chief executive officer John Wight said his company had received no claims relat...
DATE: Aug 26, 2009
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AUTHOR:
Jonathan Kent
Acumen Ltd. has announced its intentions to manage or acquire captive insurance companies in run-off, after gaining approval from regulator the Bermuda Monetary Authority to provide insurance management services.
Acumen was formed in January 2006, pr...
DATE: Aug 25, 2009
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AUTHOR:
Jonathan Kent
A major hurricane making landfall in Florida is overdue — and conditions are now similar to those that spawned a succession of storms in the Sunshine State in 2004 and 2005.
That was the message yesterday from the Florida Insurance Council (FIC), whi...
DATE: Aug 25, 2009
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AUTHOR:
Jonathan Kent
