2353 results returned for search: "" category "Other" author Jonathan Kent
Bermuda-based Arch Capital has teamed up with an investment company owned by a group of Arab states to create a new reinsurer called Gulf Re.
The new company will be domiciled in Dubai with $400 million of capital, with Arch and the Gulf Investment C...
DATE: Mar 18, 2008
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AUTHOR:
Jonathan Kent
Dubai has set out its stall to encroach on Bermuda's traditional territory of captive insurance and reinsurance.
Speaking on yesterday's opening morning of the World Insurance Forum (WIF), the Governor of host venue the Dubai International Financial ...
DATE: Mar 18, 2008
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AUTHOR:
Jonathan Kent
One of the Island's top insurance executives has said he will not allow any of his employees to be treated as "second-class citizens" and has called for Government to show sensitivity in its dealings with expatriate workers.
Speaking in Dubai, where ...
DATE: Mar 18, 2008
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AUTHOR:
Jonathan Kent
Bermuda-based bond insurer Security Capital Assurance Ltd. (SCA) last night said it would stop writing new business after it announced a fourth-quarter loss of $1.2 billion.
The loss, which amounted to $18.67 per share, was put down to its exposure t...
DATE: Mar 14, 2008
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AUTHOR:
Jonathan Kent
Finance Minister Paula Cox last night said the Island would "not be daunted" by verbal attacks launched on its reputation, after an American risk consultant suggested political corruption and the prospect of independence were the biggest threats to B...
DATE: Mar 14, 2008
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AUTHOR:
Jonathan Kent
Capital G Bank is to update its computer system this summer to improve and expand its range of customer services.
Yesterday, Capital G Bank chief executive officer John Kephart assured customers that every effort was being made to minimise disruption...
DATE: Mar 13, 2008
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AUTHOR:
Jonathan Kent
Former Hong Kong Governor Lord Patten will be among the guest speakers at the Bermuda-organised World Insurance Forum (WIF) in Dubai next week.
Organisers confirmed last night that the former British Cabinet Minister will speak to more than 350 deleg...
DATE: Mar 13, 2008
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AUTHOR:
Jonathan Kent
Bermuda insurance leaders will be weighing up Dubai's potential as an alternative business location, as well as a source of business opportunities, when they converge on the Middle Eastern city for the World Insurance Forum (WIF) next week.
That is t...
DATE: Mar 12, 2008
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AUTHOR:
Jonathan Kent
Shares in Bermuda-based Heritage Underwriting rose 13 percent on the London Stock Exchange yesterday after it confirmed a takeover approach from Bermuda insurer Ironshore Inc.
In announcing its 2007 results, Heritage said it was in a takeover period....
DATE: Mar 12, 2008
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AUTHOR:
Jonathan Kent
More than 300 delegates will converge on Dubai next week to see what is effectively a Bermuda insurance market roadshow.
The World Insurance Forum (WIF) will open at the Dubai International Financial Centre next Monday.
This will be the first time in...
DATE: Mar 12, 2008
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AUTHOR:
Jonathan Kent