2353 results returned for search: "" category "Other" author Jonathan Kent
XL Group boss Mike McGavick and the man leading the development of new European insurance regulations known as Solvency II produced a lively exchange of views during the inaugural Bermuda Monetary Authority International Regulatory Forum yesterday.
M...
DATE: Dec 07, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
KeyTech Ltd. spent nearly $3 million on staff separation expenses in the six-month period through September as it trimmed its workforce, the company revealed yesterday.
The group, which owns the Bermuda Telephone Company, M3 Wireless and Logic Commun...
DATE: Dec 07, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The man nicknamed “Mr Solvency II” said in Hamilton yesterday that he hoped Bermuda’s efforts to gain equivalency with the new European insurance rules would be successful.
Karel Van Hulle, who has spearheaded the development of new European Union in...
DATE: Dec 07, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The man spearheading the development of the new Solvency II rules for insurers in Europe will take part in a panel discussion with top executives from the Bermuda market in Hamilton today.
Karel Van Hulle, head of Unit Insurance and Pensions, Financi...
DATE: Dec 06, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda’s economy has been hit much harder than Government expected by the economic downturn, as gross domestic product (GDP) fell by 5.8 percent in 2009 — or 8.1 percent when inflation is taken into account.
The figures, released today, show that Fi...
DATE: Dec 03, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The Bermuda re/insurance market is coming under increasing pressure from low insurance rates and the market cycle has yet to reach its trough, according to a special report on the Island’s insurers by credit ratings agency AM Best Co.
The report, ent...
DATE: Dec 03, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Premier Paula Cox is hopeful that the Island can strengthen links with the world’s second biggest economy after she yesterday signed a tax information exchange agreement with China in a ceremony at Camden.
Wang Li, the deputy commissioner of China’s ...
DATE: Dec 03, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
THURSDAY, DECEMBER 2: Premier Paula Cox today signed a tax information exchange agreement with China in a ceremony at Camden.
After she and Wang Li, the deputy commissioner of China’s State Administration of Taxation, had inked the documents, Ms Cox ...
DATE: Dec 02, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Business will go where the environment is predictable and friendly, according to
Ace Ltd boss Evan Greenberg.
In a rare interview, the chairman and chief executive officer of the global insurance giant told The Royal Gazette that the high cost of do...
DATE: Dec 01, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based re/insurer Hiscox says $5 million-plus US hospital liability losses are trending significantly higher, posing a threat to excess insurers’ results.
Industry research by the company found that the frequency of large hospital liability lo...
DATE: Dec 01, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
