2353 results returned for search: "" category "Other" author Jonathan Kent
American International Group chief executive officer Edward Liddy's phone is likely to be ringing off the hook with offers from insurance companies around the world looking to buy off pieces of the global giant's empire.
Among those callers will be C...
DATE: Oct 07, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda insurers RenaissanceRe, Platinum Underwriters and Allied World Assurance Company last night revealed their initial loss estimates resulting from Hurricanes Gustav and Ike.
RenRe expects its combined losses from the storms to run to around $27...
DATE: Oct 02, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Warwick has a new hardware store, following the grand opening of Sargasso Supplies on Saturday.
The store is located in the Middle Road premises formerly occupied by Fisher's Hardware.
Sargasso is part of the Liquid Group of companies, which also com...
DATE: Sep 19, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
An estimated 500 people attended the Bermuda reception in Monte Carlo as reinsurers and brokers met in a social setting to discuss industry issues.
According to Robin Spencer-Arscott, who organised the event with Suzie Pewter, the mood at Wednesday's...
DATE: Sep 12, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Ace Ltd. is being sued for $133 million at the Grand Court of the Cayman Islands by the Receiver of the Liberian operations of Cigna Worldwide Insurance Company — a complaint that has already been rejected twice by US courts.
The claim relates to two...
DATE: Sep 11, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Property developer Michael Bradshaw is hoping that Prosperity Heights — his new residential development officially opened yesterday — will breathe new life into the area of North Hamilton where he was raised.
The four-storey, nine-unit condominium co...
DATE: Sep 10, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Former US Secretary of States General Colin Powell and Bob Geldof will be among the speakers at the global risk conference hosted by Bermuda-based XL Capital in Washington, DC next month.
Under the theme of "Intelligent Change for a World at Risk", t...
DATE: Sep 05, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda insurer, pension provider and investment firm BF&M Ltd. yesterday announced a $13.2 million profit for the first six months of this year — up eight percent on the same period last year.
Return on shareholders' equity was 20 percent, as chief ...
DATE: Sep 03, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
The Bermuda Supreme Court has appointed a liquidation committee for the IPOC Fund and affiliated companies, with a view to dividing up their remaining assets by November this year.
The controversial Bermuda-based fund did not contest a winding up ord...
DATE: Aug 29, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent
Bermuda is not first choice as a new domicile for UK-based Brit Insurance, whose chief executive officer says the island's political stability is a concern.
Speaking at a press conference in London, yesterday, Brit's group CEO Dane Douetil said Bermu...
DATE: Aug 29, 2008
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CATEGORY:
Other
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AUTHOR:
Jonathan Kent