294 results returned for search: "" category "Other" author Rebecca Zuill
Mark Cran QC defended the role of Butterfield Trust Bermuda Ltd (BTB) in pulling the plug on more than $100 million to fund the building of a performing arts centre in Lucerne, Switzerland, in the second day of proceedings in a case brought by Swiss ...
DATE: Nov 14, 2013
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AUTHOR:
Rebecca Zuill
A proposed state-of-the art Swiss opera house is at the centre of a lawsuit for excess of $100 million, pitting Butterfield Trust Bermuda Ltd (BTB) against Swiss arts foundations Rutli Stiftung and Stiftung Salle Modulable.
Funding for the opera hous...
DATE: Nov 13, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Aspen Insurance Holdings Limited has reported a net profit of $107.4 million, or $1.43 diluted net income per share, for the third quarter of 2013.
In a press release announcing the results, Chris O’Kane, chief executive officer said: “In the third q...
DATE: Nov 01, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
A new company — P3B Consulting — has launched, to provide business services on two fronts — human resources and IT systems and procedures.
P3B is a product of our times. As established businesses tighten their belts, justifying the expense of additio...
DATE: Nov 01, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Tower Group International said yesterday that it will not acquire American Safety Reinsurance (ASRe) as it had announced in June.
Tower, an international insurer which is Bermuda-based and provides range of insurance products in the US and specialit...
DATE: Aug 20, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Petroleum product prices will rise on Tuesday, the Ministry of Finance has announced.
Gasoline will rise 1.1 cents a litre, diesel will rise 2.6 cents a litre and kerosene will go up 2.9 cents a litre. Thus, maximum prices will be 214.10 cents a lit...
DATE: Jul 31, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
The Catlin Seaview Survey, sponsored by international specialty property/casualty insurer and reinsurer Catlin Group Limited today announced a significant expansion of its study of coral reefs with a new campaign in the Caribbean and Bermuda.
Catlin...
DATE: Jul 31, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
The two trillion dollar insurer Oil Insurance Limited announced today that four new oil companies are joining the organisation.
A press release stated: “Oil Insurance Limited (OIL) today, July 30th 2013, announced the signing of four new energy compa...
DATE: Jul 31, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
A.M. Best Co. has placed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of S.A.C. Re, Ltd. (SAC Re) under review with negative implications.
The announcement was made in a press release from A.M. Best this afternoon,...
DATE: Jul 31, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
AXIS Capital Holdings Limited stated today that reported net income available to common shareholders for the second quarter of 2013 was $72 million, or $0.62 per diluted common share, compared with $168 million, or $1.35 per diluted common share, for...
DATE: Jul 31, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill