2353 results returned for search: "" category "Other" author Jonathan Kent
The sub-prime mortgage crisis still has about half its course to run, according to an executive director of investment bank Morgan Stanley.
Speaking at the Bermuda Captive Conference yesterday, Christopher Rasmussen warned that the wave of payment de...
DATE: Jun 20, 2008
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AUTHOR:
Jonathan Kent
A Hamilton store is claiming to be the first in Bermuda to be offering rental movies on the Blu-ray Disc format.
Wilmont Simmons, co-owner of Double W Home Entertainment on Parliament Street, said the store stocked about 100 titles so far in the high...
DATE: Jun 19, 2008
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AUTHOR:
Jonathan Kent
Bermuda will be in a "socially dangerous space" if Bermudians believe they are not getting a fair careers opportunities in the high-paying insurance industry, Premier Ewart Brown told delegates at the Bermuda Captive Conference yesterday.
Dr. Brown, ...
DATE: Jun 18, 2008
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AUTHOR:
Jonathan Kent
Around one in five US residents lives within 10 miles of a coastline vulnerable to hurricanes and the coastal population — together with the risk for property catastrophe insurers and reinsurers — continues to grow.
That was the message from Aon Re's...
DATE: Jun 18, 2008
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AUTHOR:
Jonathan Kent
Organisers of the World Insurance Forum (WIF) yesterday invested $75,000 from proceeds raised by their 2008 event in Dubai in training young people for the Bermuda insurance market.
In a presentation at XL House in Hamilton yesterday, executive direc...
DATE: Jun 13, 2008
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AUTHOR:
Jonathan Kent
Bermuda's straining infrastructure may be the major threat to the future growth prospects of the Island's insurance market, according to a top executive.
XL Re chief executive officer Greg Hendrick told the audience at the Insurance Day Summit this w...
DATE: Jun 13, 2008
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CATEGORY:
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AUTHOR:
Jonathan Kent
Bermuda-based bond insurer Security Capital Assurance Ltd.'s share price plunged 27 percent yesterday after it lost a legal battle with Merrill Lynch.
The court ruling means that SCA will have to stand by some $3.1 billion of guarantees on disputed d...
DATE: Jun 12, 2008
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AUTHOR:
Jonathan Kent
Bermuda bond insurer Security Capital Assurance Ltd.'s XL Capital Assurance Inc. and XL Financial Assurance Ltd. units had their financial strength ratings cut three levels to BBB- by Standard & Poor's (S&P) on Friday.
The downgrade reflects S&P's as...
DATE: Jun 09, 2008
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AUTHOR:
Jonathan Kent
Ace Ltd. will become a Swiss company, provided shareholders back the plan next month at what is likely to be the insurance giant's last annual general meeting to be held in Bermuda.
Chairman and chief executive officer Evan Greenberg said that the co...
DATE: Jun 06, 2008
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CATEGORY:
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AUTHOR:
Jonathan Kent
Ratings agency Standard & Poor's has downgraded Bermuda bond reinsurer Ram Reinsurance's financial strength and financial enhancement ratings from AAA to AA and put a negative outlook on the ratings.
Ram chief executive officer Vernon Endo said he be...
DATE: Jun 05, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
