1685 results returned for search: "" category "Business" author Jonathan Kent
Major captive insurance manager International Advisory Services (IAS) Ltd. could be about to be sold to Marsh, according to reports surfacing yesterday.
The website of The Captive Review seized upon rumours of the sale swirling around the Island's in...
DATE: Aug 25, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
A judge has given the Hamiltonian Hotel and Island Club Ltd. another three weeks to try to make headway with efforts to raise the money to pay off its mounting debts.
The Ministry of Finance has applied to appoint the Official Receiver as provisional...
DATE: Aug 17, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Donte and Kelly Hunt have taken over the Bistro 12 restaurant in Hamilton's Walker Arcade with the aim of transforming it into a lively spot that will stay open in the evenings.
Renovations, including the installation of a new bar, are planned and th...
DATE: Aug 14, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Axis Capital Holdings Ltd. boss John Charman is expecting a hike in rates for aviation insurance.
Chief executive officer Mr. Charman said the crash of an Air France jet into the Atlantic Ocean in June could be the catalyst for a long overdue increas...
DATE: Aug 13, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Deposits held by Bermuda's banks shrunk by more than 13 percent in the six months from last October through March.
Figures published by financial regulator the Bermuda Monetary Authority's reflect the toll taken on the Island's economy during the ble...
DATE: Aug 13, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda-based Flagstone Reinsurance Holdings Ltd. sees real opportunities for growth in the reinsurance market in Brazil.
The company opened a representative office in Brazil this year and will be able to access the South American country's reinsuran...
DATE: Aug 12, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda should not rely on a fifth wave of new insurance companies to bring new jobs to the embattled economy.
That is the view of Bradley Kading, president of the Association of Bermuda Insurers and Reinsurers (ABIR), who believes that new insurance...
DATE: Aug 12, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Clients who have seen their net worths shrink during the global financial crisis are demanding more from wealth managers and are trusting them less.
That is one of the findings of a report by accountancy firm PricewaterhouseCoopers, entitled "A New E...
DATE: Aug 11, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda-based reinsurer Maiden Holdings Ltd.'s second-quarter profits rose 18 percent compared to last year, on increased investment and underwriting revenues.
Net income was $16.3 million, compared to $13.8 million in the same period in 2008. Book v...
DATE: Aug 11, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
The recovery of Bermuda-based business insurer XL Capital Ltd. took another step forward as the firm was removed from Rating Watch Negative by credit rating agency Fitch.
Fitch has also seen signs that the biggest of the Island-based insurance compan...
DATE: Aug 10, 2009
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
