1648 results returned for search: "" category "Business" author Scott Neil
US companies are increasingly choosing to set up captives "onshore" in US states, particularly Vermont, rather than go offshore to Bermuda or elsewhere.
And the trend is so significant that Vermont is now the closest rival to Bermuda for attracting l...
DATE: Jun 28, 2007
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AUTHOR:
Scott Neil
There has been a big change in the level of importance Guy Carpenter & Company places on Bermuda since its first tentative presence on the Island in the 1990s.
Last year alone it placed in excess of $4 billion in premiums with Bermuda-based companies...
DATE: Jun 27, 2007
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Scott Neil
When it comes to stock exchanges Bermuda is quite a few notches ahead of its southern competitor the Cayman Islands — as has been borne out by a lament from a Cayman's business commentator.
The Cayman Stock Exchange is celebrating its 10th anniversar...
DATE: Jun 27, 2007
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AUTHOR:
Scott Neil
A benign first quarter of 2007 coming on the heels of the uneventful 2006 season has topped up the capital reserves of Bermuda's 16 leading reinsurers.
Between them they boast an on-Island capital base of $66.6 billion, up $3.3bn from a year ago.
Tha...
DATE: Jun 26, 2007
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AUTHOR:
Scott Neil
It is likely to take a terrorist attack of the magnitude of 9/11 to bring US government financial "backstop" support to group life insurance policies for victims caught in such an event.
That is the view of rating organisation AM Best, which has rele...
DATE: Jun 26, 2007
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AUTHOR:
Scott Neil
Got a propeller that's not giving enough your boat enough "ummph," is dragging down fuel efficiency or is adding bad vibrations to your sailing days? Then it's time to call on brothers Terry and Lloyd Fray.
The pair have set up a state-of-the-art pro...
DATE: Jun 25, 2007
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AUTHOR:
Scott Neil
The latest in the Blackberry range of cell phones has made its debut in Bermuda, courtesy of Digicel, which held a golf day to thank its corporate customers and presented each player with a Blackberry Curve to trial for a month and keep if they liked...
DATE: Jun 25, 2007
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AUTHOR:
Scott Neil
The Bermuda Perfumery has brought out two new men's fragrances under the brand Lili Bermuda, and named them after the longitude and latitude co-ordinates of Bermuda "32°N" and "64°W."
The decision to name them after the two co-ordinates is meant to d...
DATE: Jun 22, 2007
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AUTHOR:
Scott Neil
XL Insurance, the global insurance operations of XL Capital has opened a new regional office in Houston.
The office will focus on providing clients, particularly marine and offshore energy businesses in the region, with local underwriting expertise a...
DATE: Jun 22, 2007
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AUTHOR:
Scott Neil
Hedge fund service group Citadel Solutions LLC has announced that the Bermuda Monetary Authority has approved its license to operate Citadel Solutions Bermuda Limited.With this approval it becomes the first company licensed by the BMA to provide admi...
DATE: Jun 22, 2007
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AUTHOR:
Scott Neil
