2353 results returned for search: "" category "Other" author Jonathan Kent
The Lobster Pot and Boat House Bar restaurant is closed for two weeks so it can undergo renovations.
Workers have been taking out walls and windows and gutting the interior of the popular seafood eatery over the past two days.
Yesterday, the restaura...
DATE: Aug 05, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Those with savings or investments with the British American Insurance Company (BAICO) have been warned they face losing some of their money, after winding-up proceedings began against the insurer's Bermuda branch yesterday.
But BAICO's health insuran...
DATE: Aug 04, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based offshore investment firm Lines Overseas Management Holdings Ltd. posted a net loss of $725,000 in the first half of 2009, as revenues fell by more than a third.
The company said yesterday it had suspended its regular quarterly dividend ...
DATE: Aug 04, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Those with savings or investments with the British American Insurance Company (BAICO) have been warned they face losing some of their money, after winding-up proceedings began against the insurer’s Bermuda branch.
But BAICO’s health insurance policyh...
DATE: Aug 03, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Tech entrepreneur McCal Roberts is offering free advice on how to go about setting up a website for the month of August.
Mr. Roberts' company Mac10 Soft will also be happy to advise on other tech-based issues, such as video editing and software desig...
DATE: Aug 03, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda reinsurer Validus Holdings Ltd. posted an 81 percent rise in second-quarter net income, thanks to revenue growth, a lack of catastrophe claims and an increase in the market value of its investments.
The company, which is aiming to complete it...
DATE: Aug 03, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
XL Capital Ltd. is back on a firm footing and competing well in a tough insurance market, according to the company's boss Michael McGavick.
The Bermuda-based business insurer's chief executive officer told The Royal Gazette the company's book of busi...
DATE: Aug 03, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Montpelier Re Holdings Ltd. recorded net income of $159 million for the second quarter on low claims and a rise in the value of its investments.
Net income for the April through June period was $159 million, or $1.81 per share, and $211 million, or $...
DATE: Jul 29, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Insurance rates continued to fall across most lines of business as companies competed vigorously for business according to a wide-reaching industry survey.
The Risk and Insurance Management Society (RIMS) Benchmark Survey showed the soft market conti...
DATE: Jul 29, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda reinsurer RenaissanceRe Holdings Ltd.'s net income almost doubled year on year in the second quarter to $271.2 million, boosted by increased revenue.
The Class of 1993 reinsurer also benefited from $106 million in favourable prior years' deve...
DATE: Jul 29, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent