2353 results returned for search: "" category "Other" author Jonathan Kent
Bermuda will be among the first wave of countries to be assessed for equivalence with the new Solvency II regulations for insurance companies, the European Commission confirmed on Friday.
Switzerland and Japan will be the two other countries to under...
DATE: Nov 01, 2010
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AUTHOR:
Jonathan Kent
As the economy struggles in the wake of the worst financial crisis in generations, the value of financial knowledge has rarely been so apparent.
It was with that in mind that Riquette Bonne-Smith, executive director of the Centre for Talented Youth, ...
DATE: Nov 01, 2010
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AUTHOR:
Jonathan Kent
XL Group plc has appointed Gregory Hendrick to lead the insurer's new Office of Strategic Growth.
And the company has hired back Bermudian Charles Cooper to replace Mr. Hendrick as chief underwriting officer of XL Re.
Mr. Cooper left XL a year ago, a...
DATE: Oct 29, 2010
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AUTHOR:
Jonathan Kent
New Bermuda-domiciled insurer Paraline Group Ltd. will bide its time before seeking to expand its business.
Paraline's chief executive officer Jack Graham said the company planned to increase its capabilities, particularly in the Lloyd's of London ma...
DATE: Oct 29, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based re/insurer Endurance Specialty Holdings Ltd. last night reported net income of $139.1 million for the third quarter.
Net premiums written rose nearly 14 percent over the same period last year, boosted in the reinsurance segment by the c...
DATE: Oct 29, 2010
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AUTHOR:
Jonathan Kent
RenaissanceRe Holdings Ltd. made a profit of $204.8 million in the third quarter — despite taking a $73.6 million hit from an earthquake in New Zealand.
But operating income, which excludes one-off items and gains on investment assets, slumped to $90...
DATE: Oct 28, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based Assured Guaranty Ltd. yesterday lost the bond insurance industry's last AAA credit rating, which had helped the company to dominate the US municipal bond insurance market.
But US billionaire investor Wilbur Ross, a major backer of Assur...
DATE: Oct 26, 2010
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AUTHOR:
Jonathan Kent
Arch Capital Group Ltd.'s third-quarter profits fell by nearly half compared to 2009, as catastrophe losses climbed as premium revenue fell.
The Bermuda-based insurer and reinsurer said last night that net income fro the July through September period...
DATE: Oct 26, 2010
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AUTHOR:
Jonathan Kent
With the surge of gun-related violence in Bermuda, violence in the workplace is becoming an increasing concern for organisations.
With that in mind, the Employee Assistance Programme of Bermuda is holding a seminar on the subject, featuring Paul Viol...
DATE: Oct 22, 2010
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AUTHOR:
Jonathan Kent
Bermuda's balance of payments surplus rose more than 50 percent to $269 million in the second quarter of 2010.
The figure, which represents the difference between receipts and payments in transactions with overseas entities represents a $90 million i...
DATE: Oct 22, 2010
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Other
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AUTHOR:
Jonathan Kent