2353 results returned for search: "" category "Other" author Jonathan Kent
Rating agency Moody's Investors Service yesterday lifted its negative outlook on XL Capital Ltd. and affirmed its debt ratings on the Bermuda business insurer.
Moody's said XL's credit profile had improved and its business franchise had stabilised.
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DATE: Dec 24, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based business insurer XL Capital Ltd. has been the year's best performer on the Standard & Poor's 500 Index in terms of percentage rise.
Up until yesterday's close of trading, XL had risen an astounding 406 percent in this year's trading on ...
DATE: Dec 23, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The biggest investor in Bermuda-based Omega Insurance Holdings Ltd. wants to force multiple changes to the insurer's board, including the introduction of Bermuda industry veterans Jim Bryce and Robin Spencer-Arscott.
Invesco, which owns a 29 percent ...
DATE: Dec 23, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda Monetary Authority CEO Matthew Elderfield will be taking a hefty pay cut to take on his new role as head of financial supervision at the Central Bank of Ireland.
The bank's governor Dr. Patrick Honohan, who will become Mr. Elderfield's new bo...
DATE: Dec 23, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Google has a Bermuda presence that is part of a corporate structure that is enabling the Internet search engine giant to legally avoid hundreds of millions of pounds in UK taxes.
Two major names in the UK media - newspaper The Guardian and TV channel...
DATE: Dec 22, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda has concluded negotiations with Portugal over a tax information exchange agreement (TIEA), the Finance Ministry announced last night.
The agreement will provide for a full exchange of information on criminal and civil tax matters between the ...
DATE: Dec 21, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda resident James Martin has been offered honorary fellowship of The Royal Institution of Great Britain.
Dr. Martin, one of the leading lights in the development of computer technology was given the honour in recognition of his "outstanding cont...
DATE: Dec 21, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Hundreds of British Airways customers in Bermuda are each to receive thousands of bonus air miles after their holiday plans were last week thrown into uncertainty by the prospect of a strike by cabin crew.
The company said yesterday the move was to s...
DATE: Dec 21, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
New European Union rules for insurers — due to take effect in 2012 — could drive some British insurers into Bermuda's arms.
One UK insurance giant, Legal & General, is already considering a move out of the UK because of the Solvency II directive, acc...
DATE: Dec 21, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda's retailers have become better businesses as they pull out all the stops to try to attract the Island's increasingly cautious shoppers.
That is the view of Kristi Grayston, chairwoman of the Retail Division of the Bermuda Chamber of Commerce,...
DATE: Dec 18, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
