2353 results returned for search: "" category "Other" author Jonathan Kent
Last year's combination of high catastrophe losses and shrinking investment income could have led to a "perfect storm" this year in the Bermuda market for property reinsurance — but it hasn't worked out that way.
That is one of the views expressed by...
DATE: Oct 15, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Insurers who moved to Bermuda from the UK in recent years will be among the companies facing greater scrutiny from the British tax authorities.
A senior UK taxation official has warned that all corporate tax exiles to have left Britain must be able t...
DATE: Oct 14, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Insurers who moved to Bermuda from the UK in recent years will be among the companies facing greater scrutiny from the British tax authorities.
A senior UK taxation official has warned that all corporate tax exiles to have left Britain must be able t...
DATE: Oct 14, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Banks lent out more money, customers ramped up savings and more borrowers fell behind with loan repayments in the second quarter of this year, according to information released by the Bermuda Monetary Authority.
The revelations came in the BMA's firs...
DATE: Oct 09, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
British Airways would welcome competition on its Bermuda-London route, said an executive of the airline yesterday after emerging from talks with Premier Ewart Brown.
Simon Talling-Smith, BA's executive vice-president Americas, said the Premier's stat...
DATE: Oct 09, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
New construction work has "slowed to a trickle" and some architects offices are operating on a four-day week as the construction industry starts to feel the pain of economic slowdown.
That is the view of Alex DeCouto, president of the Construction As...
DATE: Oct 08, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
A new $23.8 billion company that will be a major player in emerging economies' telecommunications has incorprorated in Bermuda.
VimpelCom Ltd., whose headquarters will be in the Netherlands, operates in Russia, Ukraine, Georgia and Centra Asia, as we...
DATE: Oct 08, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
When billionaire investors like Wilbur Ross and Warren Buffett start seeing bargains in the Bermuda insurance market, it's a sign that there are some undervalued companies around.
Mr. Buffett's Berkshire Hathaway was one of the bidders for Bermuda re...
DATE: Oct 07, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based fund promoter Robert Hager killed himself three days before a court hearing related to his efforts to empty a bank account in the name of his employer, a court heard.
Mr. Hager, the president of Founding Partners Capital (Bermuda) Ltd.,...
DATE: Oct 06, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda reinsurer PartnerRe Ltd. has bought a block of common stock of merger partner Paris Re sufficient to give it an 83 percent stake of the Switzerland-based reinsurer.
PartnerRe chief executive officer Patrick Thiele said his company now had con...
DATE: Oct 06, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent