2353 results returned for search: "" category "Other" author Jonathan Kent
Telecommunications reform measures outlined in a draft bill due to go before the House of Assembly before its summer recess could spell the end for smaller operators in the industry and cost "hundreds of jobs".
That is the view of Jamie Thain, managi...
DATE: Jun 03, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Butterfield Bank's share price yesterday surged 33 percent, helping to push The Royal Gazette/BSX Index up by 11.5 percent.
By early yesterday afternoon, Butterfield's common shares were trading at $2, up from Monday's closing price of $1.50.
Those w...
DATE: Jun 02, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda's financial regulator is confident that it will achieve equivalence with the European Union's imminent Solvency II regulations.
Yesterday the Bermuda Monetary Authority (BMA) announced that it had taken an important step nearer that goal, by ...
DATE: Jun 02, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda continues to have a bright future as a global insurance centre, despite political threats from the US and elsewhere, according to Flagstone Re co-founder Mark Byrne.
What matters to the Island is not whether insurers domicile their holding co...
DATE: Jun 01, 2010
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AUTHOR:
Jonathan Kent
XL Capital boss Mike McGavick urged US lawmakers to remember what the Bermuda insurance market has done to support the US economy before considering law changes that could harm the Island.
Mr. McGavick made his comments to an audience dominated by in...
DATE: May 31, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
A controversial tax proposal targeting non-US reinsurers has a “reasonably good” chance of being pushed through Congress this year, according to one of the move’s key supporters.
William Berkley, chairman of US insurer WR Berkley Corp. and spokesman ...
DATE: May 28, 2010
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Other
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AUTHOR:
Jonathan Kent
Finance Ministry officials have completed their trip to several major cities to attract potential investors to Bermuda Government bonds.
And according to one source, Government could be seeking to raise as much as $500 million.
According to a report ...
DATE: May 28, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based fund manager Kingate Management may have "played a crucial role" in the Bernard Madoff debacle, a London judge said yesterday.
The Kingate Global and Kingate euro hedge funds — now in liquidation in the British Virgin Islands — were amo...
DATE: May 28, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Ever wished there was somewhere you could go to retreat from the madness of the day and experience a few minutes of stress-free peace?
Deryn Higgins hopes that her new store — appropriately named My Sereni-tea — will be just such a haven for many peo...
DATE: May 27, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
An improved investment performance helped BF&M Ltd. post a massive increase in profit for the first quarter of this year.
The insurer and investment company yesterday announced a profit of $5.92 million for the first three months of the year, compare...
DATE: May 26, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
