2353 results returned for search: "" category "Other" author Jonathan Kent
Bermuda has concluded negotiations of a tax information exchange agreement (TIEA) with the Republic of South Africa that will be signed later this year.
Finance Minister Paula Cox announced the news in the House of Assembly on Friday and said the ag...
DATE: Mar 22, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
The 23 re/insurers who make up the membership of the Association of Bermuda Insurers (ABIR) and Reinsurers last year wrote $61 billion in gross premiums and racked up combined earnings of $12.4 billion.
The capital and surplus base of the group rocke...
DATE: Mar 19, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Butterfield Bank's share price is trading well above its "normalised value", according to one analyst.
Nathan Kowalski, of Anchor Investment Management, a chartered financial analyst, estimates the normalised value of a Butterfield common share at be...
DATE: Mar 19, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Many Bermuda international insurance companies will likely move their holding companies elsewhere within the next few years, according to a leading industry figure.
Flagstone Reinsurance Holdings Ltd. chairman Mark Byrne said yesterday that he was aw...
DATE: Mar 18, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Plans to create a Bermuda Insurance Exchange have been put to Government, Flagstone Reinsurance Holdings Ltd. chairman Mark Byrne revealed yesterday.
During a panel discussion on the attempts to resurrect the New York Insurance Exchange (NYIE) and wh...
DATE: Mar 18, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Bermuda Press (Holdings) Ltd. (BPH) yesterday reported a profit of $63,000 for the year through September 2009 — a 96 percent fall from the prior year's earnings of $1.78 million.
The owner of The Royal Gazette and a portfolio of other local business...
DATE: Mar 18, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Rising sea level and more frequent high-intensity storms are two of the likely results of climate that will have a serious impact on the insurance industry.
That is the view of Bermuda Institute for Ocean Sciences director Tony Knap, who gave delegat...
DATE: Mar 17, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
XL Capital chief executive officer Mike McGavick said he's "jealous" of American International Group's continuing support from the US Government.
The notion that some financial institutions were "too big to fail" notion was flawed, Mr. McGavick told ...
DATE: Mar 17, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Climate change could provide an opportunity for growth in the re/insurance industry — but only if pricing levels keep pace with increasing risk levels.
That is the view of Barney Schauble, managing principal of Bermuda-based investment fund Nephila C...
DATE: Mar 17, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Roger Gillett has stepped down as chairman of the Bermuda Insurance Development Council (IDC) after 14 years in the voluntary role.
Mr. Gillett will be replaced by Allison Towlson, senior vice-president, regional executive for Ace Bermuda.
"I've done...
DATE: Mar 16, 2010
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent