1648 results returned for search: "" category "Business" author Scott Neil
A long-serving key figure within the Island Heritage Group has been appointed as the new chief executive officer, less than a year after Bermuda's Flagstone Re took a controlling stake in the Cayman Islands-based Caribbean insurer.
Gareth Macdonald h...
DATE: Jan 02, 2008
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AUTHOR:
Scott Neil
Flagstone Reinsurance Holdings has appointed Miguel Barrales as chief executive officer of Flagstone Underwriters Latin America Limited.
Mr. Barrales joins Flagstone from Swiss Re where he was vice president, client management for P & C and L & H Rei...
DATE: Dec 31, 2007
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Scott Neil
A further de-coupling of directors between XL Capital and its troubled spin-off Security Capital Assurance has taken place with Michael Esposito removing himself as chairman of the XL board and Alan Senter resigning from SCA's board.
The news came la...
DATE: Dec 31, 2007
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AUTHOR:
Scott Neil
A chorus of approval has been given to the news that terrorism insurance backstop provision by the US government is to be extended for a further seven years.
It removes the spectre of insurance and reinsurance firms pulling out of risky coverage for ...
DATE: Dec 28, 2007
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Scott Neil
Bear Stearns can challenge an order to pay out $125 million to investors who were left high-and-dry by the collapse of Bermuda-administered Manhattan Investment Fund in 2000.
The New York broker continued to accept $125 million in margin payments fro...
DATE: Dec 27, 2007
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AUTHOR:
Scott Neil
A new year and a new company structure - that's the intention of Argo Group International Holdings, the company that took shape in Bermuda earlier this year with the merging of Argonaut Group and the remnants of PXRE.
Argo Group took over the former ...
DATE: Dec 24, 2007
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AUTHOR:
Scott Neil
Bacardi's executive vice president Ralph Morera is to double-up as chief financial officer as of January 1 following the announced resignation of current CFO Graham Hetherington, who has decided to leave the company "to pursue other opportunities."
M...
DATE: Dec 24, 2007
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AUTHOR:
Scott Neil
XL Capital's subsidiary XL Insurance (Bermuda) has appointed Mark Peeters as its new chief underwriting officer of its Bermuda-based professional lines business.
Mr. Peeters will take up his role at the start of 2008 and will oversee a team of 14 and...
DATE: Dec 21, 2007
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AUTHOR:
Scott Neil
A further major business organisation on the Island has added its congratulations to Premier Ewart Brown and the Progressive Labour Party in securing victory during last Tuesday's general election.
The Association of Bermuda International Companies a...
DATE: Dec 21, 2007
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AUTHOR:
Scott Neil
Storm clouds continue to gather above XL Capital, Bermuda's second biggest insurer and reinsurer, after one of the leading rating service company's placed a negative outlook on the company's financial and credit ratings.
Another investor service also...
DATE: Dec 21, 2007
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AUTHOR:
Scott Neil