2353 results returned for search: "" category "Other" author Jonathan Kent
Bermuda's international insurers have welcomed a bill introduced in the US Congress that would give homeowners incentives to "storm-proof" their homes.
The Association of Bermuda Insurers and Reinsurers (ABIR) was one of several insurance industry bo...
DATE: Jul 21, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The tallest building in the United States now bears the name of a Bermuda-domiciled company after Chicago's Sears Tower was renamed the Willis Tower.
In getting its name on the building Willis Group Holdings Ltd. - which is based in Bermuda, but has ...
DATE: Jul 20, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda is about to become only the sixth market in the world where the new Heineken Premium Light beer will be on sale.
Beverage supplier and retailer Burrows Lightbourn Ltd. will stock the product, which is described as having similar quality to re...
DATE: Jul 20, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda bond reinsurer Ram Holdings Ltd.'s first-quarter loss narrowed to $1.9 million, the company announced on Friday.
Ram suffered huge losses linked to the decline in value of the bonds it reinsures, especially mortgage-backed securities, during ...
DATE: Jul 20, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The constrained supply of capital means the reinsurance industry is going through "scary times", Harbor Point Re chief executive officer John Berger told delegates at the Insurance Linked Securities Summit yesterday.
In his keynote speech to open the...
DATE: Jul 17, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Alison Hill set her sights on overseeing the Argus Group's expansion overseas on being unveiled as the company's first chief operating officer yesterday.
Ms Hill was brought in to strengthen the insurer and pension provider's senior management team a...
DATE: Jul 17, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
An expert in financial crime is to be the keynote speaker at the Bermuda Compliance Summit in late September.
Dr. Chizu Nakajima, director of the Centre for Financial Regulation at the Cass Business School, City University, London, will speak at the ...
DATE: Jul 15, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
A Bermuda investment management company is being sued by a class-action lawsuit over money lost in relation to an alleged $3 billion Ponzi scheme.
Bermuda-incorporated Blue Point Management Ltd. is one of the defendants in a case brought by sharehold...
DATE: Jul 14, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
It is too early to say what impact Validus Holdings Ltd.'s takeover of fellow Bermuda reinsurer IPC Holdings Ltd. will have on jobs, according to the man who will lead the combined company.
Ed Noonan, chairman and chief executive officer of Validus, ...
DATE: Jul 14, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Validus Holdings Ltd. has emerged on top in the protracted bidding war for IPC Holdings Ltd. after reaching an agreement to buy IPC in a sweetened cash-and-shares deal worth $1.67 billion.
Provided the shareholders of the two reinsurers approve the d...
DATE: Jul 10, 2009
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
