2353 results returned for search: "" category "Other" author Jonathan Kent
Business Insurance magazine has selected two Bermuda-based executives on its list of among its list of "Women to Watch".
Bermudian Judy Gonsalves, of Ace Bermuda, where she is senior vice-president, Excess Liability Division, and XL Capital Ltd.'s gl...
DATE: Dec 03, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Max Capital Group Ltd. said yesterday it had seen the value of its hedge fund investments fall by $70 million over the the last two months.
The Bermuda-based insurer and reinsurer also said its alternative investment portfolio made up 18.6 percent of...
DATE: Dec 03, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based reinsurer PartnerRe yesterday raised its estimate of claims from Hurricane Ike, as the company's boss said it would likely prove to be the third costliest hurricane in history for the industry.
Adding $115 million, or 61 percent, to its...
DATE: Dec 02, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Rocketing food prices and continued high electricity costs kept inflation comfortably above five percent in October.
The Consumer Price Index, released yesterday, showed inflation hit 5.6 percent, slipping back slightly from the 17-year high of 5.9 p...
DATE: Dec 02, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The Fairmont Southampton resort has no current plans to close its doors for the winter, management said on Friday.
But the Island's largest hotel is looking at "every option" as it looks to survive what is expected to be a bleak period for tourism, a...
DATE: Dec 01, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Argus Group Holdings Ltd. yesterday announced a $42 million loss for the six months ended September 30 — the first loss in the group's 26-year history.
The company said last night the results came about as a result of the current, difficult market co...
DATE: Nov 28, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda's functioning as an international financial centre is to be examined on behalf of the British Government.UK Chancellor of the Exchequer, or finance minister, Alistair Darling announced in his Pre-Budget Report on Monday that Britain will comm...
DATE: Nov 26, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Retailers have to go back to basics to give consumers what they want in order to survive the current downturn, says the new chairman of the Bermuda Chamber of Commerce's East End division.
Kirby Brackstone, who, with his wife Isabelle, owns the Bermu...
DATE: Nov 26, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda-based Flagstone Reinsurance Holdings Ltd. has named a new chief financial officer and has switched the base for the job from Bermuda to Switzerland.
Flagstone announced on Friday that Patrick Boisvert will become the group's new CFO, taking o...
DATE: Nov 24, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
BF&M Ltd.'s profits for the first nine months of the year fell 29 percent as the value of its investments plunged by almost $15 million.
The Bermuda-based insurer and pension provider recorded profits of $15.4 million through September 30 this year, ...
DATE: Nov 21, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
