2353 results returned for search: "" category "Other" author Jonathan Kent
Bermuda institutions and individuals filed reports of suspicious activity — which indicates a suspicion of money laundering or terrorism financing — at a rate of almost two per day last year.
Attorney General Kim Wilson said last week that the Financ...
DATE: Mar 29, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based corporations are among those targeted by legislation approved by the US House of Representatives this week.
The legislation was part of a jobs bill that went before the House on Wednesday, which will attempt to raise $7.7 billion from c...
DATE: Mar 26, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
US lawmaker Richard Neal yesterday held a meeting of Congressional colleagues and US insurance executives to muster support for a US tax measure that could hit the bottom lines of Bermuda re/insurers.
Rep. Neal's meeting yesterday, according to TheHi...
DATE: Mar 25, 2010
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CATEGORY:
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AUTHOR:
Jonathan Kent
What started out as a project to raise awareness of Bermuda re/insurer Catlin Group as a global brand has ended up being a ground-breaking — or more literally ice-breaking — scientific project.
For Catlin's chief executive Stephen Catlin, the Catlin ...
DATE: Mar 25, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The Bermuda insurance market could have to fork out as much as $1.7 billion in claims related to catastrophes that struck in the first quarter.
Last month's earthquake in Chile and a violent European windstorm called Xynthia — not to mention winter s...
DATE: Mar 24, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Flagstone Reinsurance Holdings Ltd. plans to move its holding company from Bermuda to Luxembourg, as it seeks to establish its identity as a European company.
The move will have no impact on its underwriting operations in Bermuda, where the company w...
DATE: Mar 23, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The increasing cost of employing people in Bermuda will add to the pressure on the Island's global re/insurers to locate more jobs in cheaper jurisdictions.
That is the view of Stephen Catlin, co-founder and chief executive officer of Catlin Group Lt...
DATE: Mar 23, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Insurer and investment company BF&M Ltd. has announced it will be maintaining its 20 cents per share dividend for shareholders of record at March 31, payable on April 15.
The announcement means the company will maintain the 20-cent dividend for a nin...
DATE: Mar 22, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Merger talks between numerous Bermuda insurers took place last year, but few deals came off because market valuations were so low.
That was one of the revelations in a report by accountancy firm PricewaterhouseCoopers on the top issues facing Bermuda...
DATE: Mar 22, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based Omega Insurance Holdings has replaced its chief executive officer following a boardroom battle that brought in six new directors.
The new CEO is Richard Pexton, formerly CEO of Argo Group's Lloyd's platform, Heritage Underwriting Agency...
DATE: Mar 22, 2010
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
