2113 results returned for search: "" category "Business" author Raymond Hainey, Assistant News Editor
The US state of North Carolina’s bid to become a major player in the captive insurance business has been dismissed as a threat to the Island’s sector.
Peter Willitts, director and vice-president of the Bermuda Captive Owners’ Association, said: “Berm...
DATE: Jan 07, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based insurer and reinsurer Argo Group has set up several new vehicles to boost its capacity.
The firm has created Harambee Re to cover Island property portfolios underwritten by Bermuda-based Argo Re and Colony Speciality after setting up a ...
DATE: Jan 07, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Nearly $10 billion in insurance-linked securities (ILS) were listed on the Bermuda Stock Exchange (BSX) at the end of 2013.
The figure represents a new record — a more than 100 percent increase in listings, up to 77 from 38 last year — with the $9....
DATE: Jan 06, 2014
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
A link-up between a US private-equity firm and a Bermuda-based reinsurance firm has been a marriage made in heaven, according to an industry watchdog.
American-based KKR & Co bought nearly a quarter of Nephila Capital, which has been based in Bermuda...
DATE: Jan 03, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Nearly $10 billion in insurance-linked securities (ILS) were listed on the Bermuda Stock Exchange (BSX) at the end of 2013.
The figure represents a new record — a more than 100 percent increase in listings, up to 77 from 38 last year — with the $9.7...
DATE: Jan 03, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
The surge in growth of insurance-linked securities has helped position the Island’s stock exchange as a major player in the market, Bermuda Stock Exchange (BSX) CEO Greg Wojciechowski said yesterday.
Mr Wojciechowski added: “We have had a record numb...
DATE: Jan 02, 2014
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CATEGORY:
Bermuda Stock Exchange
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AUTHOR:
Raymond Hainey, Assistant News Editor
Bermuda-based RenaissanceRe is to replace another firm in a Standard & Poors top 400 index.
The company is to take over the spot held by Lender Processing Services (LPS) in the S&P MidCap 400 after LPS was taken over by existing MidCap 400 firm Fidel...
DATE: Jan 02, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
The US has its own tax havens onshore — with South Dakota, dubbed the “Bermuda of the prairies”, holding more than $120 billion in trusts for wealthy Americans.
The state altered its tax laws to end the duration of a trust to the lifetime of a living...
DATE: Jan 02, 2014
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A new player in the health and fitness business yesterday opened its doors.
Horizon Health focuses on physical exercise but also provides lifestyle and nutrition counselling, as well as offering Reik, a Japanese technique for stress reduction and rel...
DATE: Dec 31, 2013
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Champagne sales are booming as Bermuda is determined to see out 2013 with a bang.
Bottles of bubbly are flying off the shelves — despite the recession.
And Charles Gosling, of the Island’s largest drinks supplier Gosling’s, said: “I would say probabl...
DATE: Dec 31, 2013
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
