2353 results returned for search: "" category "Other" author Jonathan Kent
Allied World Assurance Company Holdings Ltd. plans to move its holding company from Bermuda to Switzerland, the nine-year-old company announced last night.
In a statement, Allied said its board of directors had unanimously approved the redomesticatio...
DATE: Oct 01, 2010
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AUTHOR:
Jonathan Kent
Flagstone Reinsurance Holdings, SA last night announced an estimated loss of $52.5 million from the New Zealand earthquake three weeks ago.
The quake, which measured 7.1 on the Richter scale, wrecked buildings, roads and rail lines in and around the ...
DATE: Oct 01, 2010
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AUTHOR:
Jonathan Kent
Improvements to Bermuda's legal infrastructure are needed to ensure that the Island has the framework to fully meet international standards in transparency on taxation matters.
That was the verdict delivered yesterday in Singapore by the Organisation...
DATE: Oct 01, 2010
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AUTHOR:
Jonathan Kent
A report on Bermuda's progress in meeting international tax transparency standards will be made public at a major international conference in Singapore today.
The Island is expected to pass the test — with some suggestions for improvements — as judge...
DATE: Sep 30, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based Apex Fund Services is expanding into Canada, with the opening of a Toronto office.
The fund administrator which started up on the island seven years ago now has a presence in 15 countries and more than $13 billion in assets under manage...
DATE: Sep 30, 2010
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AUTHOR:
Jonathan Kent
Bermuda reinsurers are lining up to boost business in Florida, where regulators are lowering their hurdles to non-US reinsurers.
Yesterday Hannover Re announced that its Bermuda unit stood to gain from approval by the Sunshine State's insurance regul...
DATE: Sep 29, 2010
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AUTHOR:
Jonathan Kent
Nobody enjoys buying insurance — but it underpins the global economy, Catlin Group boss Stephen Catlin said in a speech in London this week.
After his investiture as president of the Insurance Institute of London for 2010-11, Mr. Catlin also warned o...
DATE: Sep 29, 2010
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AUTHOR:
Jonathan Kent
Bermuda-based investment firm LOM (Holdings) Ltd., as well as brothers Scott Lines and Brian Lines, have agreed to settle with US financial regulator, the Securities and Exchange Commission (SEC), over a long-running fraud complaint.
The revelation, ...
DATE: Sep 28, 2010
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Other
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AUTHOR:
Jonathan Kent
Higher capital requirements for European Union-based insurers from the imminent Solvency II regulations may increase the market for global reinsurers — which could be good news for the Bermuda market.
That is the view expressed in a report jointly pr...
DATE: Sep 24, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda's status as the leading reinsurance domicile is facing a "credible threat" from the likes of Dublin and Zurich, as regulatory changes and potential tax legislation encourage companies to consider other bases.
That is the view of global reinsu...
DATE: Sep 23, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
