2353 results returned for search: "" category "Other" author Jonathan Kent
Bermuda's property insurers are breathing a sigh of relief after seeing virtually no claims resulting from the Island's brush with Hurricane Bill last weekend.
BF&M Ltd. chief executive officer John Wight said his company had received no claims relat...
DATE: Aug 26, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Acumen Ltd. has announced its intentions to manage or acquire captive insurance companies in run-off, after gaining approval from regulator the Bermuda Monetary Authority to provide insurance management services.
Acumen was formed in January 2006, pr...
DATE: Aug 25, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
A major hurricane making landfall in Florida is overdue — and conditions are now similar to those that spawned a succession of storms in the Sunshine State in 2004 and 2005.
That was the message yesterday from the Florida Insurance Council (FIC), whi...
DATE: Aug 25, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Major captive insurance manager International Advisory Services (IAS) Ltd. could be about to be sold to Marsh, according to reports surfacing yesterday.
The website of The Captive Review seized upon rumours of the sale swirling around the Island's in...
DATE: Aug 25, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
A judge has given the Hamiltonian Hotel and Island Club Ltd. another three weeks to try to make headway with efforts to raise the money to pay off its mounting debts.
The Ministry of Finance has applied to appoint the Official Receiver as provisional...
DATE: Aug 17, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Donte and Kelly Hunt have taken over the Bistro 12 restaurant in Hamilton's Walker Arcade with the aim of transforming it into a lively spot that will stay open in the evenings.
Renovations, including the installation of a new bar, are planned and th...
DATE: Aug 14, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Stores took fewer dollars at the till for a fifth successive month, prompting one industry leader to describe retail as "an industry in crisis".
Retail sales fell 4.5 percent in June, as shoppers continued to tighten their purse strings, figures rele...
DATE: Aug 14, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Axis Capital Holdings Ltd. boss John Charman is expecting a hike in rates for aviation insurance.
Chief executive officer Mr. Charman said the crash of an Air France jet into the Atlantic Ocean in June could be the catalyst for a long overdue increas...
DATE: Aug 13, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Deposits held by Bermuda's banks shrunk by more than 13 percent in the six months from last October through March.
Figures published by financial regulator the Bermuda Monetary Authority's reflect the toll taken on the Island's economy during the ble...
DATE: Aug 13, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based Flagstone Reinsurance Holdings Ltd. sees real opportunities for growth in the reinsurance market in Brazil.
The company opened a representative office in Brazil this year and will be able to access the South American country's reinsuran...
DATE: Aug 12, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
