1648 results returned for search: "" category "Business" author Scott Neil
An extreme risk modeller has estimated that if a category five hurricane was to track through the middle of the Gulf of Mexico it would cause damage and losses of more than $65 billion to US offshore energy platforms.
Insurance industry losses would ...
DATE: Sep 06, 2007
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AUTHOR:
Scott Neil
After moving to Bermuda at the beginning of the summer, Lloyd's insurer Kiln remains upbeat about its $8 million relocation to the Island despite suffering a 14 percent drop in its first half-year pre-tax profit, which was $41.8m.
The company intends...
DATE: Sep 06, 2007
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AUTHOR:
Scott Neil
It has been in used with the US reinsurance market since 1998 and by European reinsurers since 2002. Now it is Bermuda's turn.
An innovation in the electronic transfer and storage of documents and files that eliminates the need for re-keying of infor...
DATE: Sep 06, 2007
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AUTHOR:
Scott Neil
Guy Carpenter & Company has published a report on impications of the European Union's revised insurance laws through Solvency II, which are expected to be fully in operation by 2012.
The new report, entitled Internal Models - A Winning Solution for S...
DATE: Sep 06, 2007
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AUTHOR:
Scott Neil
Multi-billion dollar marine asset company Ship Finance International has appointed Craig Stevenson Jr. as a director with the expectation he will be made chairman for the board at the company's annual meeting later this month.
The Bermuda-headquarter...
DATE: Sep 05, 2007
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AUTHOR:
Scott Neil
Bermuda is included in the roll out of a new global personal banking system by HSBC for affluent customers with investable income of $100,000 or more.
The bank claims its new HSBC Premier is "the first truly global personal banking service for the wo...
DATE: Sep 05, 2007
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AUTHOR:
Scott Neil
Despite being a category five storm, Hurricane Felix is currently expected to create only about $200 million of insured losses as it hits Central America.
The early assessment has been made by California's Risk Management Solutions, which provides pr...
DATE: Sep 05, 2007
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AUTHOR:
Scott Neil
Bermuda's financial and economic strength has been re-affirmed as amongst the best in the world by rating agency Fitch.
It has given the Island a AA+ for its long-term foreign currency Issuer Default Rating (IDR) at 'AA+' and an 'AAA' for its long-te...
DATE: Sep 05, 2007
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AUTHOR:
Scott Neil
Endurance has become the latest Bermuda insurer and reinsurer to update its image shortly after marking its fifth anniversary.
The company has unveiled a new logo and corporate tagline "Your Risk is our Focus."
Endurance Specialty Holdings' new look ...
DATE: Sep 05, 2007
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AUTHOR:
Scott Neil
There has been a chance to the commencement date for electricians to apply for the National Occupation Certification.
The new date is September 10, which replaces the original date of August 31.
According to the National Training Board (NTB) the chan...
DATE: Sep 04, 2007
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AUTHOR:
Scott Neil
