2353 results returned for search: "" category "Other" author Jonathan Kent
Fuel and power costs rose 27.5 percent in the year up to May 2008, but the overall rate of inflation has now dipped below five percent.
Figures released yesterday by the Department of Statistics and show that consumers paid 4.7 percent more for goods...
DATE: Jul 17, 2008
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AUTHOR:
Jonathan Kent
Ace Ltd. shareholders have backed the initial part of the insurance giant's plan to redomicile its holding company from the Cayman Islands to Switzerland.
A filing with US financial regulator the Securities and Exchange Commission (SEC) said sharehol...
DATE: Jul 16, 2008
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AUTHOR:
Jonathan Kent
Ace Ltd. last night lost its place on the S&P 500 index after shareholders voted on its redomestication to Switzerland.
The news that MasterCard would replace the insurance giant in the closely watched bellwether of large-capitalisation US-listed com...
DATE: Jul 11, 2008
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AUTHOR:
Jonathan Kent
Cindy Campbell has shifted her focus from Argus clients' physical health to their financial health, with her appointment as chief operating officer of investment company Argus Financial Ltd. (AFL)
And if there's one key piece of advice she wants to g...
DATE: Jul 11, 2008
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AUTHOR:
Jonathan Kent
The head of a company once responsible for managing millions of dollars of Bermuda Government pension funds has been sentenced to 12 years in jail for fraud.
Mark Lay, of the now-defunct MDL Capital Management was ordered to repay nearly $213 million...
DATE: Jul 11, 2008
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AUTHOR:
Jonathan Kent
Ace Ltd. shareholders meet today in Hamilton to vote on the insurance giant's proposal to move its holding company from the Cayman Islands to Switzerland.
The company announced its intended redomestication in March, but has said its Bermuda operation...
DATE: Jul 10, 2008
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AUTHOR:
Jonathan Kent
XL Capital could reasonably be expected to make a full recovery from its problems related to its beleaguered bond insurer affiliate Security Capital Assurance (SCA), according a financial analyst who covers the company for credit rating agency AM Bes...
DATE: Jul 09, 2008
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AUTHOR:
Jonathan Kent
Many Island insurance bosses feel uncomfortable about the political situation in Bermuda, one senior executive told Global Reinsurance magazine.
The executive, who asked not to be named, added that the concerns were not sufficient to make most compan...
DATE: Jul 08, 2008
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AUTHOR:
Jonathan Kent
The UK Foreign Affairs Committee has recommended that Bermuda keep working to improve its anti-money laundering regime in a report on the British Overseas Territories, published yesterday.
Financial regulator the Bermuda Monetary Authority (BMA) came...
DATE: Jul 07, 2008
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AUTHOR:
Jonathan Kent
Argus Group Holdings Ltd. yesterday announced its full-year earnings plummeted 58 percent to $15.5 million.
The insurance, pensions and investment company attributed the plunge in profits for the year ended March 31, 2008, to a change in accounting r...
DATE: Jul 05, 2008
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AUTHOR:
Jonathan Kent