2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
XL Group yesterday appointed industry veteran Rebecca Dupre to a top underwriting post.
Ms Dupre has become senior vice-president and underwriting manager for excess casualty.
Ms Dupre, who has notched up 25 years in the insurance industry, will look...
DATE: Jan 22, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The new Ford EcoSport mini SUV is quite intimidating, despite its small size — for a start, it’s hi-tech Microsoft-based SYNC system can speak 19 languages.
That’s 18 more than me, although some might say I still struggle a bit with English.
The new-...
DATE: Jan 22, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Insurance firm Ace could be on the hook for up to $30 million related to the pre-Christmas hacking scandal at one of the America’s biggest retailers, according to US reports.
Business Insurance — quoting unnamed sources — said Ace, which is based in ...
DATE: Jan 21, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda-based company has invested more than $730 million in a luxury car dealers in booming China.
Jardine Strategic Holdings took a stake in Hong-Kong listed Zhongsheng Group Holdings chain of car dealerships in mainland China through an equity s...
DATE: Jan 21, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Major reinsurers may be facing credit rating downgrades after an industry watchdog warned the business had “nowhere to hide” from mounting competition.
The grim news — the worst outlook for eight years — came from ratings agency Standard & Poor’s (S&...
DATE: Jan 21, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Global banking giant HSBC is to sell off its $1.2 billion banking operation in Jordan.
HSBC Bank Middle East has struck a deal to sell its business in the Middle East state to the Arab Jordan Investment Bank.
The Jordanian business was made up of fou...
DATE: Jan 21, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The jobless total for last year has dipped compared to 2012, the latest Government statistics have revealed.
The 2013 unemployment rate was seven percent, compared to eight percent in 2012, with 2,569 people looking for work last year.
That represent...
DATE: Jan 20, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Super-rich families in Asia, Latin America and the Middle East could be major targets for Bermuda’s wealth management industry, one of the organisers of a major conference next month said yesterday.
Jonathan Dunlop, chairman of the Bermuda branch of ...
DATE: Jan 20, 2014
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
The number of new insurance companies registered in Bermuda last year jumped by nearly three quarters compared to 2012.
A total of 91 companies set up shop in the Island in 2013 — a 72 percent increase on the 53 registers the year before — and the Is...
DATE: Jan 20, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The new boss of Bermuda’s docks said the industry had to face up to declining volumes of cargo and possible relocation to another site if Hamilton’s planned redevelopment of its waterfront goes ahead.
And Warren Jones, the new CEO of Polaris Holdings...
DATE: Jan 17, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
