75898 results returned for search: "" category "Business"
Bermuda-based bond insurer Assured Guaranty Ltd has agreed to pay $810 million to buy the financial guaranty business of Philadelphia-based Radian Group.
Assured’s chief executive officer Dominic Frederico said the deal would boost earnings per share...
DATE: Dec 24, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
A new shop has opened its doors in the Bailey’s Bay neighbourhood, rejuvenating the long-vacant premises of the former Belvin’s Variety Store on North Shore Road.
Customers who remember the old shop are in for a surprise when they step inside Ways Ma...
DATE: Dec 24, 2014
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CATEGORY:
Local Business
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AUTHOR:
Scott Neil
December is the time for giving, and for preparing any 2014 US tax exposures. Gifting appreciated stock to a recognised charity is a powerful tool for US tax planning. The Centre of Philanthropy has a 501(3)(b) registered fund that is recognised by t...
DATE: Dec 24, 2014
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CATEGORY:
Other
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AUTHOR:
Patrice Horner
Myth #28: Litigation is the only option available to parents who are unable to resolve child access and custody matters.
Just the word ‘Christmas’ evokes thoughts of gifts, food, happy children and family gatherings. For some families the greatest gi...
DATE: Dec 24, 2014
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CATEGORY:
Other
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Blue Capital Global Reinsurance Fund has announced that Blue Capital Insurance Managers Ltd has merged with Blue Capital Management Ltd (BCML), the company’s investment manager, and BCML has continued as the surviving company.
BCML is a subsidiary o...
DATE: Dec 24, 2014
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CATEGORY:
Reinsurance
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By Jonathan Kent
Aspen Insurance Holdings Ltd chief executive officer Chris O’Kane has this month sold more than 26,000 shares — worth around $1.15 million — of the company he runs.
Mr O’Kane exercised options to buy the shares in the Bermuda-based r...
DATE: Dec 24, 2014
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CATEGORY:
Reinsurance
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Anyone who has played sports at any level knows that the key to success is to work on your weaknesses in practice and to play to your strengths and minimise your flaws in competition.
The last Recruiting and Retention column was practice — detailing...
DATE: Dec 23, 2014
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CATEGORY:
Bermuda Works
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Takeover target Catlin has sold off its stake in a hi-tech personalised insurance company for nearly $133 million.
The Bermuda-based insurance firm offloaded its investment in Box Innovation Group Ltd (BIGL) to Aioi Nissay Dowa Insurance Company of E...
DATE: Dec 23, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
A total of 23,580 shares worth $51,299 traded on The Royal Gazette/BSX yesterday.
Bank of Butterfield led the pack with 21,080 shares moving, leaving the price unchanged at $1.99.
Insurance firm Argus Group Holdings saw 1,300 of its shares change han...
DATE: Dec 23, 2014
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CATEGORY:
Bermuda Stock Exchange
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News of nearly half a billion dollars of new alternative reinsurance capital emerged yesterday, as the flow of third-party money into the industry continues unabated.
The Bermuda Stock Exchange (BSX) announced the listing of $290 million worth of not...
DATE: Dec 23, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent