2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
Reinsurance firm Aspen Re has renewed its Silverton Re subsidiary for next year with $85 million in capital.
Silverton Re — set up to help investors with access to diversified catastrophe risk — will be used to write a quota share of Aspen Re’s catas...
DATE: Dec 19, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The Bermuda Stock Exchange (BSX) will shut up shop for Christmas at 2pm on Wednesday, Christmas Eve.
The BSX will be closed on Christmas Day and Boxing Day and reopen for business on Monday, December 29.
The exchange will also be closed on New Year’s...
DATE: Dec 19, 2014
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda has taken a step closer to getting in line with EU rules on insurance firms’ capital and solvency.
The European Insurance and Occupational Pension Authority (EIOPA) endorsed key aspects of the Island’s insurance and reinsurance regulatory reg...
DATE: Dec 19, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The insurance and reinsurance industry will have to change the way it does business, a top executive has warned.
Kathleen Reardon, chief executive officer of Hamilton Re, said that more than a third of premiums written were used to fund the distribut...
DATE: Dec 18, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
An international line-up of professional dancers is set to boost glamour at a city nightclub.
Restaurant group MEF has signed up five dancers to headline at The Club, the former Margarita’s Grill on Bermudiana Road, which opens tonight.
Manager Remus...
DATE: Dec 18, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
A problem that hit Bermuda card swiping machines is also US-wide, it was revealed yesterday.
American credit and debit card machines made by Hypercom — as in Bermuda — shut down after they hit a built in expiry date, leading to chaos for shopkeepers....
DATE: Dec 17, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Telecoms firm CableVision is to increase its infrastructure capability by 50 times, the firm revealed yesterday.
The firm said it would use fibre networks direct to homes and lead to faster download times and allow for new services.
CableVision CEO T...
DATE: Dec 17, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The chief of a Bermuda-based business has been awarded a place in the Insurance Hall of Fame.
Now Stephen Catlin, CEO of Catlin Group, will be honoured at a gala dinner in New York next June hosted by the International Insurance Society (IIS) as part...
DATE: Dec 17, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A total of 42,310 shares valued at $108,520 were exchanged today on The Royal Gazette/BSX.
Bank of Butterfield saw 38,010 shares sold, leaving its closing price unchanged at $1.99.
And 20 of the bank’s preference shares also moved, leaving the price ...
DATE: Dec 17, 2014
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bosses at insurance firm Argus have met the president of Malta to underline their commitment to the country.
Alison Hill, CEO of Argus, which has offices in Malta connected with its pension and private health insurance business there, and other top e...
DATE: Dec 17, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
