2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
Reinsurance firms have cut exposure in areas like property catastrophe that fail to produce acceptable returns, a new survey has revealed.
And the AM Best briefing on global reinsurance said that trend was likely to continue this year as firms strugg...
DATE: Jan 13, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The CEO of global business insurer XL Group is to be honoured in New York.
Mike McGavick, the head of XL Group, will be given the St John’s University School of Risk Management’s 2014 Insurance Leader of the Year award at a gala dinner in New York ne...
DATE: Jan 13, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
One of Bermuda’s longest running gyms is to close following a merger with a competitor.
The Olympic Club in Hamilton is to shut its doors, with its lease due to expire in the next few months.
The club on Hamilton’s Dundonald Street, operated by Scott...
DATE: Jan 09, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A worldwide organisation for women working for hedge funds is aiming to set up a Bermuda branch.
The Bermuda Business Development Association (BDA) said that the New York-based 100 Women in Hedge Funds (100WHF) chief executive officer Amanda Pullinge...
DATE: Jan 09, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermudian fund manager in London has been tipped as a rising star by one of the UK’s biggest newspapers.
James Thomson was one of a handful of fund managers singled out by the Daily Mail as a “City superhero” set to “turbo charge” clients’ investme...
DATE: Jan 09, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda-based subsidiary of a Swiss bank is at the centre of a probe by the Italian tax police into alleged tax-dodging involving around $9.45 billion.
Officers from the Guardia di Finanza searched the offices of Credit Suisse in Milan last month i...
DATE: Jan 09, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Global business insurer XL has cut a deal to buy Island-based rival firm Catlin in a $4.1 billion merger, it was announced today.
The new company — to be known as XL Catlin — will have total capital of $17 billion and around $10 billion of net premiu...
DATE: Jan 09, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The real estate market began to bounce back in 2014, according to experts.
And Coldwell Banker Bermuda Realty predicted the first quarter of this year would outperform the same period in 2014.
The 2014 report from the firm said: “Bermuda is eagerly l...
DATE: Jan 08, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A former Canadian power firm chief who resigned last fall amid controversy over smart meter fires has been appointed to head Bermuda’s Regulatory Authority (RA).
Robert Watson, who was president and CEO of the SaskPower in Saskatchewan, resigned from...
DATE: Jan 08, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
More than 60 students and insurance specialists attended a festive season speed networking lunch held by the Bermuda Foundation for Insurance Studies (BFIS).
The lunch featured a team of volunteer insurance professionals and “speed interviews” betwee...
DATE: Jan 07, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
