75889 results returned for search: "" category "Business"
Myth #34: The new Public Access to Information Act 2010 is a magic silver bullet that resolves all issues related to access to public information.
The new Public Access to Information Act 2010 will come into force on 1 April 2015. This Act gives Ber...
DATE: Apr 02, 2015
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CATEGORY:
Other
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Insurance and reinsurance giant XL yesterday launched a new venture capital firm aimed at investing in financial technology.
XL Innovate, which will be based in California, will be headed by Tom Hutton, the founder and CEO of New Energy Risk Inc, a d...
DATE: Apr 02, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Employers are facing a human resources crisis, a new survey by financial services firm Deloitte has found.
The survey said that lack of employee engagement and problems in retention of workers were a worry for 87 per cent of human resources and busin...
DATE: Apr 02, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Allied World Assurance Company Holdings has completed the acquisition of the Hong Kong and Singapore operations of Royal & Sun Alliance Insurance plc (RSA).
The Swiss-based insurer, which was one of the Class of 2001 companies to launch in Bermuda i...
DATE: Apr 02, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Tokio Millennium Re (TMR) has appointed a new CEO.
Stephan Ruoff yesterday took over as head of the firm, founded in Bermuda 15 years ago.
Mr Ruoff said: “I’m delighted to be leading TMR into an exciting new phase of development.
“We have established...
DATE: Apr 02, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Insurance and reinsurance broker Willis Group Holdings has announced industry veteran Paul Scope will head up its Bermuda operation.
Mr Scope has been appointed chairman of Willis Bermuda and he will oversee Willis’s risk adviser, insurance and reins...
DATE: Apr 02, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Bermuda-based company has bought a chain of supermarkets in Macau.
Dairy Farm, part of the Bermuda-based Jardine Matheson empire, has acquired San Miu supermarkets, which operates 15 large stores in the former Portuguese colony, near Hong Kong.
Dai...
DATE: Apr 01, 2015
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CATEGORY:
International Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
Oil Casualty Insurance posted profits of $3.6 million for last year.
And the firm reported record premiums written of $174 million, as well as shareholder equity of $533 million.
Oil Casualty Insurance Ltd (OCIL) president and CEO Robert Stauffer sai...
DATE: Apr 01, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
In my opinion health insurance is probably one of the most misunderstood forms of insurance and often an easy target for unfair criticism.
Some people see ObamaCare as a result of President Obama accusing the health industry in the USA of applying ex...
DATE: Apr 01, 2015
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CATEGORY:
Other
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Bermuda-based International General Insurance (IGI) has been upgraded by a ratings agency from BBB+ to A-.
Standard & Poor’s also gave the firm a stable outlook.
Chief executive officer Wasef Jabsheh said: “This rating is a reflection on our strong r...
DATE: Apr 01, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
