1648 results returned for search: "" category "Business" author Scott Neil
Screenings of the latest Star Wars movie have been selling out at Speciality Cinema for the past week, mirroring the stellar business the theatre enjoyed a year ago when it showed Star Wars: The Force Awakens.
Since opening last Thursday, screenings ...
DATE: Dec 22, 2016
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Inflation edged up to 2.1 per cent in October, 0.1 of a percentage point higher than the month before.
For the second consecutive month, the education, recreation, entertainment and reading sector was the largest contributor to the year-over-year cha...
DATE: Dec 22, 2016
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CATEGORY:
Economy
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AUTHOR:
Scott Neil
Allied World Assurance Company operations will not be changed as a result of Fairfax Financial Holdings proposed $4.9 billion acquisition.
Prem Watsa, the chief executive officer of Fairfax Financial, has praised the performance of the insurer and re...
DATE: Dec 21, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
If you are looking to be involved in next year’s America’s Cup, now is the time to step forward.
Bermuda’s businesses and residents are invited to register their interest in a number of commercial opportunities ranging from food and beverage service...
DATE: Dec 20, 2016
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Canadian investment and insurance company Fairfax Financial Holdings Ltd has agreed to buy Allied World Assurance Company in a $4.9 billion cash and stock deal.
The proposed transaction has been unanimously approved by the directors of both companies...
DATE: Dec 19, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
XL Catlin brought out some of its best cyberexperts for a seminar focused on the present and future impacts of cyberliability on all lines of insurance.
Key members of its Bermuda and New York cyberteams, including a “certified ethical hacker,” showc...
DATE: Dec 05, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Hiscox’s leader in Bermuda, Jeremy Pinchin, is to return to Britain next year.
After five years heading up the specialist global insurer’s operations on the island, Mr Pinchin is returning to London to continue in his role as Hiscox Group claims dire...
DATE: Dec 04, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Bermuda had foreign portfolio holdings of more than half-a-trillion dollars last year, predominantly through its financial services sector.
At $505.6 billion, that was down 2 per cent on 2014. The decrease was attributed to a decline in the assets of...
DATE: Dec 02, 2016
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CATEGORY:
Other
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AUTHOR:
Scott Neil
The California Earthquake Authority, through its Bermudian-based special purpose insurer Ursa Re Ltd, has issued a $500 million cat bond to cover earthquake risk in California.
The Series 2016-1 Class A notes will run for three years and become due ...
DATE: Dec 01, 2016
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Many traditional shipping names will disappear as a result of a shake-up in the container ship industry, brought about by overcapacity, slower global trade and a widened Panama Canal.
That is the view of Jens Alers, group director of Bernhard Schulte...
DATE: Nov 30, 2016
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CATEGORY:
International Business
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AUTHOR:
Scott Neil