1648 results returned for search: "" category "Business" author Scott Neil
Bermuda has bolstered its reputation as the domicile of choice for insurers and reinsurers at this year’s Risk and Insurance Management Society (RIMS) conference in Los Angeles.
That is an outcome from the Island’s participation at the global gatheri...
DATE: Apr 25, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
A UK specialist non-life insurance investor company is proposing to redomicile to Bermuda this year.
Randall & Quilter (R&Q), which acquired Bermuda’s Quest Group of captive management companies in 2008, is seeking to move its holding company to the ...
DATE: Apr 25, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
It has been a strong start to the year for Montpelier Re, with the company recording a net income of $96.6 million for the first quarter.
Taking into account dividends declared, the converted book value per common share has risen to $27.49, an increa...
DATE: Apr 25, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Inventor Robert Smith has come up with a new idea to clean toilet bowls efficiently and hassle-free.
And his design, which has been given a patent, has attracted the attention of a number of companies interested in manufacturing it.
Devonshire’s Mr S...
DATE: Apr 24, 2013
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
Bermuda’s visibility as a leading jurisdiction at the Risk and Insurance Management Society (RIMS) conference in Los Angeles has been further enhanced by the presence of Premier Craig Cannonier, Finance Minister Bob Richards and Economic Development ...
DATE: Apr 24, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
The pressure Bermuda has felt from the tightening of financial regulations by the US and Europe in the wake of the 2008 banking crisis and is likely to continue for a few more years.
That is the view of HSBC US economist Ryan Wang, who gave his asses...
DATE: Apr 24, 2013
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Things got off to a flying start for Bermuda at this year’s Risk Insurance and Management Society (RIMS) conference in Los Angeles.
On the first full day of the event the Island’s booth inside the Los Angeles Conference Center was buzzing yesterday w...
DATE: Apr 23, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
Standard & Poor’s outlook revision for Bermuda does not affect the Island’s insurers and reinsurers, the firm has confirmed.
The rating agency recently placed Bermuda’s sovereign credit rating from stable to negative, however S&P’s credit and financi...
DATE: Apr 22, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Scott Neil
A Bermuda-listed investment company has bought the London building that is the global headquarters of Standard Chartered Bank, paying £210 million ($319m) for the property.
Zeno Capital Limited has a stated objective to acquire investment grade prope...
DATE: Apr 22, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
Mandarin Oriental International, which operates the Elbow Beach Hotel, made an underlying profit of $71 million in 2012.
The company has reported its preliminary full year results, showing a 20 percent increase with underlying earnings of $175 millio...
DATE: Apr 18, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
