2353 results returned for search: "" category "Other" author Jonathan Kent
The annual rate of inflation fell for the fourth successive month in August to two percent.
But significant increases in the prices of food and electricity during the month kept the cost of living moving higher.
Those were two of the main revelations...
DATE: Oct 15, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Redomestication away from Bermuda is having little operational impact on insurers who have chosen to move, according to credit rating agency Standard & Poor's.
Laline Carvalho, director of S&P's financial services ratings group, told BNamericas that ...
DATE: Oct 14, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based reinsurer Everest Re Group, Ltd. has released an early estimate of its third-quarter earnings to counter speculation swirling around the company.
The company said yesterday it expected after-tax operating income to range between $2.55 a...
DATE: Oct 14, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The ALARYS Congress wound up yesterday, with organisers hailing the event as a success.
More than 150 delegates from at least 17 countries attended the event, the Latin American Association of Risk and Insurance Managers' annual meeting.
The event wa...
DATE: Oct 14, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The Organisation for Economic Cooperation and Development's latest report on Bermuda signals that the Island is leaving offshore rival the Cayman Islands behind, according to Finance Minister Paula Cox.
Bermuda was one of just two countries — along w...
DATE: Oct 14, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The regulatory backlash from the world financial crisis could curb the ability of the international re/insurance industry to do its job, said XL Group CEO Mike McGavick yesterday.
Speaking at the ALARYS Congress at the Fairmont Southampton yesterday,...
DATE: Oct 13, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda sees opportunities to leverage its advantage over other jurisdictions in its regulatory and legislative framework to attract more business from Asia.
That is the view of Susan Stirling, director of marketing for Business Bermuda, who has been...
DATE: Oct 12, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Argus Group Holdings Ltd.'s long-delayed annual general meeting will take place on November 8, when the company will urge shareholders to approve proposals that will extricate it from a legal morass caused by an administrative error.
The voluntary su...
DATE: Oct 12, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
XL Group plc chief executive officer Mike McGavick has dismissed claims that he might be tempted to return to US politics.
A report last month from FBR Capital Markets speculated that XL was an attractive takeover target for larger insurers and sugge...
DATE: Oct 12, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The Latin American captive insurance industry has the potential to grow substantially — and Bermuda is well positioned to benefit.
That is the view of Jorge Luzzi, president of ALARYS (Asociacion Latinoamericana de Administradores de Riesgos y Seguro...
DATE: Oct 12, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
