1648 results returned for search: "" category "Business" author Scott Neil
Arch Insurance Group, a member of Arch Capital Group, has completed its acquisition of Aon's managing general underwriter Wexford Underwriting Managers.
Arch Insurance entered into an agreement with Wexford Underwriting Managers on the first day of t...
DATE: Dec 21, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
Max Capital Group has inicreased its authorised share repurchase programme by $50 million, which takes its current outstanding authorisation to $75.3 million.
The Bermuda-based company said it may use up to $50 million of its authorisation to enter i...
DATE: Dec 21, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
A general election the week before Christmas has hit local retailers hard and it appears unlikely they will make up the lost ground caused by customers putting off their festive spending because of the distraction of the election.
A number of city re...
DATE: Dec 21, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
Under attack from outside, Bermuda's best chance of keeping ahead as a premier offshore financial centre is to get serious about educating its young people to a standard that makes them capable of filling vacancies within the Island's $72 billion ins...
DATE: Dec 19, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
Moody's Investors Service has warned that AAA ratings of four leading bond insurers could be downgraded after the agency re-evaluated the companies' exposure to potential subprime mortgage losses.
The AAA ratings of Financial Guaranty Insurance Compa...
DATE: Dec 17, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
The world's sixth-largest property and casualty insurer Millea Holdings will gain a stronger foothold in the Bermuda and London markets if it succeeds in its bid to buy Kiln for $902 million.
The potential sale was confirmed on Friday with Tokio Mari...
DATE: Dec 17, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
On the final run-in to the election The Royal Gazette business team tested the temperature in the corporate world to find out how tomorrow's vote was being sized up.
What was gathered amongst the gossip snippets ranged from an election prediction to ...
DATE: Dec 17, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
An update on Bermuda's progress in the arena of satellite slots and regulation at least had some of the hallmarks of a US Space Shuttle launch.
First the press conference was on, then it was off, then it was on.
Twenty-four hours after cancelling, At...
DATE: Dec 14, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
The value of XL Capital's investment in Security Capital Assurance has dropped by $500 million in the past three months. Now XL has been warned not to get involved in the deepening crisis for its spin-off SCA as shares of both companies fell on the N...
DATE: Dec 14, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
A man who heads a US investment company that is reaping success in emerging markets and natural resources has put his focus on Bermuda.
And from his own acute observations of what brings results to places as far-flung as Hong Kong, Singapore, Dubai a...
DATE: Dec 13, 2007
|
CATEGORY:
Other
|
AUTHOR:
Scott Neil
