2353 results returned for search: "" category "Other" author Jonathan Kent
The Island's biggest insurance brokerage firm Marsh will send representatives into the Island's public and private schools over the next two months to spread the word that there are huge opportunities for young Bermudians interested in becoming broke...
DATE: Jan 25, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Global healthcare products giant Covidien yesterday officially opened its new Front Street offices and marked the occasion by giving a $20,000 cheque to a Bermuda charity.
The Bermuda-domiciled company was formed last June after being part of industr...
DATE: Jan 24, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda's variable-rate mortgage holders got a boost yesterday when three of the Island's biggest lenders announced a a cut in their borrowing rates.
Butterfield Bank was the first to announce a 0.25-percent cut in its base rate.
HSBC Bank of Bermuda...
DATE: Jan 23, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based White Mountains Insurance Group is building up its interests in online insurance.
The company, which owns Esurance, announced yesterday that it had paid $30 million for a 42 percent stake in Answer Financial Inc.'s outstanding debt and ...
DATE: Jan 23, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Shares in Bermuda-based Security Capital Assurance Ltd. shot up 30 percent yesterday on hopes that regulators will provide support to the struggling bond insurance industry by attracting new capital.
At the close of trading, SCA shares had climbed 50...
DATE: Jan 23, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Former Bermuda Police Service Superintendent Sinclair White was yesterday named as the chairman of the Financial Intelligence Agency (FIA), the latest addition to the Island's armoury in the war on money laundering.
And Government has also hired form...
DATE: Jan 22, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Kenya's Philip Koech smashed the International Race Weekend Half-Marathon record yesterday to complete a double triumph following his 10K win on Saturday.
Koech broke the tape in one hour, four minutes and 27 seconds, comfortably eclipsing the previo...
DATE: Jan 21, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The shares of Bermuda insurer and reinsurer XL Capital Ltd. plunged to their lowest level in almost eight years on Friday, after shedding 22 percent of their value in the space of two days.
But having dipped to $39.52 by the time the markets closed o...
DATE: Jan 21, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda reinsurers RenaissanceRe Holdings and PartnerRe were yesterday given a vote of confidence by rating agency AM Best the day after they announced a combined $255 million write-down due to their exposure to the US sub-prime mortgage crisis.
Best...
DATE: Jan 18, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
American International Group Inc. (AIG) has become the latest company to terminate a Bermuda-based sidecar, a trend brought about largely by the lack of catastrophes in the past two years.
AIG's $730 million Bermuda-based sidecar Concord Re was set u...
DATE: Jan 18, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
