2353 results returned for search: "" category "Other" author Jonathan Kent
Bermuda reinsurance industry stalwart Bob Cooney is back in the office he occupied a decade ago — but with a different company and in a very different role.
Mr. Cooney's appointment as managing director of Aon Capital Markets has brought him back to ...
DATE: Mar 10, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The cost of fuel and power rose almost 28 percent in a year, helping to propel the annual inflation rate to 3.9 percent, Government statistics show.
Consumer Price Index (CPI) figures for January show that year-on-year costs in the transport and vehi...
DATE: Mar 10, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Butterfield Bank moved to assure investors in its Carlyle Group private-equity partnership fund that their investments have no exposure to the buyout specialists' mortgage-linked fund that was suspended from trading last Friday.
Carlyle Capital Corp....
DATE: Mar 10, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Alea Group Holdings Ltd. announced a loss of $78.2 million for 2007 yesterday — but the boss of the Bermuda reinsurer believes that the results will mark a positive turn-around in the company's fortunes.
One-time charges on policy claims and redempti...
DATE: Mar 07, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The International Monetary Fund (IMF) clarified yesterday that it does not classify Bermuda as a "tax haven" after a story published by the Reuters financial news agency yesterday suggested otherwise.
The Island appeared on a list of jurisdictions in...
DATE: Mar 05, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda will continue to thrive in the global insurance market but it will face significant challenges in the years ahead, according to credit rating agency Fitch Ratings.
In its first commentary specifically on the state of the Bermuda market, Fitch...
DATE: Mar 05, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based Scottish Re announced yesterday chief executive officer George Zippel's term of employment will be cut short and will terminate on July 31 this year.
In addition, chief financial officer Terry Eletheriou's term of employment has been ex...
DATE: Mar 05, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The Bombay Palace restaurant has closed after being bought by its former cashier and will be reborn in May as The Caribbean Queen.
Linna Kumar decided to take the plunge into business ownership when her bosses put the Pembroke restaurant up for sale ...
DATE: Mar 04, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda Press Holdings Ltd. reported a 17-percent rise in full-year profits in 2007, on the back of a $1.6 million rise in revenue.
The parent company of The Royal Gazette announced on Friday that net income totalled $2.7 million in the 12 months end...
DATE: Mar 03, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Billionaire investor Wilbur Ross has agreed to make up to a $1 billion investment in Bermuda-based bond insurer Assured Guaranty Ltd.
The bond insurer said this morning that WL Ross & Co. will purchase $250 million worth of common stock and commit to...
DATE: Feb 29, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
