2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
The mega-merger between reinsurance firms Axis and PartnerRe has been given the thumbs up by a ratings agency.
Moody’s gave the deal a positive rating — and placed Axis’ rating on review for an upgrade.
Moody’s said: “The combination of the two platf...
DATE: Jan 30, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A new health and fitness programme has been launched by Bermuda insurance company Argus.
It has teamed up with Johns Hopkins Medicine International in a bid to cut the cost of healthcare by tackling preventable problems like obesity, which can lead t...
DATE: Jan 30, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based insurance and reinsurance firm Validus has reported profits of $481.3 million for last year — down from $532.7 million the year before.
Validus chairman and CEO Ed Noonan said: “During 2014, Validus delivered an impressive 13.2 per cent...
DATE: Jan 30, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda has launched a bid to land a multinational insurance and financial services firm from Barbados that is looking for a new home, The Royal Gazette can reveal.
The Caribbean firm Sagicor has signalled that it wants to relocate after ratings agen...
DATE: Jan 30, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda design company has been honoured in an international competition.
Cosmic was awarded an honourable mention for its production of the Oil Casualty Insurance annual report for 2013.
Sean Collier, who founded the firm in 2002, said: “It’s rewa...
DATE: Jan 30, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda faces strong competition for lucrative insurance-linked securities business, the Island’s stock exchange chief warned yesterday.
Greg Wojciechowski, president and CEO of the Bermuda Stock Exchange (BSX) said that established rivals like the C...
DATE: Jan 29, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A shoe store has taken a walk — from one end of Hamilton to the other.
Island Sole — run by two podiatrists and specialising in shoes with style and comfort — has moved from Gorham Road to near the top of Victoria Street because the firm needed space...
DATE: Jan 28, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Telecoms firm CellOne has gone to court in a bid to block a move by regulators to strip it of a chunk of the airwaves.
Now the firm has launched a legal bid against the Minister of Economic Development Grant Gibbons in a bid to reverse the decision b...
DATE: Jan 28, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A unique Bermuda-based insurance pool is set to pay out $25 million to three drought-hit countries in Africa.
The cash will come from the Africa Risk Capacity Insurance Company (ARC), set up last year to issue insurance polices against drought in fiv...
DATE: Jan 27, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A major insurance and reinsurance firm has appointed a new CEO.
Steve Arrowsmith, executive chairman of JLT Insurance Management (JLTIM), will take over as chief executive officer from Kilian Whelan, who is leaving the firm to “pursue other interests...
DATE: Jan 27, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
