2353 results returned for search: "" category "Other" author Jonathan Kent
The state of the Bermuda insurance market and its future will be discussed by a string of industry heavyweights in the Insurance Day Summit Bermuda this week.
The event, at the Fairmont Hamilton Princess, will open tomorrow morning at 9 a.m. with com...
DATE: Jun 14, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The new regulatory authority planned under the Government's proposed reform of the telecommunications industry will cost up to $9 million a year, industry representatives have been told.
The new body will be created under two bills due to be tabled i...
DATE: Jun 14, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Finance Minister Paula Cox was in Brussels last week for talks with European Union officials as the Island strives to stay ahead of rival jurisdictions in the race to gain recognition for its regulatory framework as meeting international standards.
N...
DATE: Jun 10, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The Docksiders bar on Front Street will tomorrow stage a grand re-opening after refurbishments to coincide with the opening day of football's World Cup.
Co-owner Reed Young said the changes were aimed at adding a sense of brightness and space in the...
DATE: Jun 10, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Gerova Reinsurance Ltd. has won approval from regulator Bermuda Monetary Authority to establish a new life reinsurance operation on the Island.
The company will be headed by Lou Hensley, chief executive officer of the reinsurer's parent Gerova Holdin...
DATE: Jun 09, 2010
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Other
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AUTHOR:
Jonathan Kent
The class of 2005 reinsurers who set up in response to a spike in demand after Hurricane Katrina may start to disappear as some institutional investors seek to pull out their money.
That is the view of Franklin Montross, the chairman and chief execut...
DATE: Jun 08, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based reinsurers face weakening earnings after heavy catastrophe losses already in the first five months of the year.
That is the view of credit rating agency Standard & Poor’s, which also believes that softening reinsurance pricing and shaky...
DATE: Jun 07, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The boss of Bermuda-based re/insurer Catlin Group Ltd. has admitted that insurers have "got lucky" in that only about 20 percent of the losses so far from the Gulf of Mexico oil spill have been borne by the industry.
Stephen Catlin, the company's chi...
DATE: Jun 07, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Increasing demand for 'green' products has prompted the Bermuda Air Conditioning Group of Companies (BAC) to create a new entity called Bermuda Alternate Energy Ltd (BAE).
The company will provide energy efficiency, energy conservation and renewable ...
DATE: Jun 04, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Financial regulator the Bermuda Monetary Authority says it is working with its US counterpart, the Securities and Exchange Commission, on the issue of Bernard Madoff "feeder funds".
Last week, London High Court judge David Kitchin said Bermuda-based ...
DATE: Jun 03, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
