2353 results returned for search: "" category "Other" author Jonathan Kent
XL Capital Ltd. yesterday announced that chief financial officer Brian Nocco will leave the company at the end of the year.
Mr. Nocco took over the post in July 2007 and oversaw the Bermuda-based business insurer's finances during the most tumultuous...
DATE: Sep 15, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Telecommunications Minister Michael Scott is hoping the Island's involvement with the space industry will take off, after he attended the World Satellite Business Week in Paris last week.
A Government press release, published yesterday, revealed that...
DATE: Sep 14, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Fifteen Bermuda-based companies appear in the world's top 35 reinsurers by gross premiums written last year, according to credit rating agency AM Best.
The Island's biggest writer of reinsurance in 2008 was PartnerRe, which amassed premiums of $4.03 ...
DATE: Sep 14, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
PartnerRe chief executive officer Patrick Thiele will be the keynote speaker when the Society of Insurance Financial Management (SIFM) holds its 50th annual conference in Bermuda next week.
SIFM principally comprises chief financial officers, control...
DATE: Sep 11, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Four senior underwriters and the interim chief executive officer of IPC Re have been told they will lose their jobs at the end of this year following the company's takeover by Validus Holdings Ltd., The Royal Gazette has learned.
A decision is still ...
DATE: Sep 10, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Had bank bosses acted on what their computer models were telling them, the financial crash that caused markets to lurch into freefall a year ago could have been averted.
That is the view of James Martin, one of the most influential people in the worl...
DATE: Sep 09, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Differences in salary between blacks and whites in Bermuda highlighted by an employment survey published last week is not evidence of discrimination, the Association of Bermuda International Companies (ABIC) has said.
ABIC believes that the differenc...
DATE: Sep 09, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Fitch Ratings today affirmed its high ratings on Bermuda’s creditworthiness and said the Island is “in a strong starting position for facing the global economic crisis”.
The American ratings agency maintained Bermuda’s foreign currency Issuer Default...
DATE: Sep 09, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Executives from two leading Bermuda companies are among the founder members of a new body established by global reinsurers to put the industry's case to lawmakers and regulators.
PartnerRe and XL Capital will be among the 10 companies, plus the Lloyd...
DATE: Sep 08, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Insurer and investment company BF&M Ltd. reported profits of $7.93 million for the first six months of this year — a fall of almost 40 percent compared to last year.
The company said in its earnings statement yesterday that earnings had been hit by a...
DATE: Sep 04, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
