77121 results returned for search: "" category "Business"
Hamilton luggage and leather goods store Harbourmaster yesterday notched up 40 years in the business.
But owner Sheilagh Robertson, a former science teacher at the Berkeley Institute, admitted she had no business experience before taking the plunge i...
DATE: Mar 25, 2015
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
NEW YORK (Bloomberg) — Maurice “Hank” Greenberg’s Starr International Co and the US filed a second set of post-trial papers in a lawsuit over the terms of the government’s bailout of American International Group Inc, setting the stage for next month’...
DATE: Mar 25, 2015
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CATEGORY:
Reinsurance
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Bermuda reinsurers could benefit after the Florida hurricane catastrophe fund yesterday backed the transfer of $2.2 billion in risk to the private sector.
And Brad Kading president of the Association of Bermuda Insurers and Reinsurers (ABIR) said: “A...
DATE: Mar 25, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Telecommunications firm KeyTech was the biggest loser on the Bermuda Stock Exchange today.
KeyTech’s share price fell 80 cents (20 per cent) to $3.20 after 6,100 shares changed hands. Yesterday the company reported a six-month net loss of nearly $20 ...
DATE: Mar 25, 2015
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CATEGORY:
Bermuda Stock Exchange
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XL Group plc is selling $1 billion of debt to help to fund its acquisition of Bermuda-based insurer Catlin Group Ltd.
The company yesterday priced two separate offerings of subordinated notes, both of which are due in 2045.
The first offering of $500...
DATE: Mar 25, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda could launch a bid to host the Global Entrepreneurship Congress (GEC) in 2018 — which would attract thousands of delegates to Bermuda in the wake of America’s Cup.
Home Affairs Minister Michael Fahy told Senate yesterday that the bid package ...
DATE: Mar 24, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
A Florida politician yesterday launched an attack on Bermuda amid a bid to transfer more than $2.2 billion into the private reinsurance market.
Representative Frank Artiles said moves to transfer the risk from the state-run Florida Hurricane Catastro...
DATE: Mar 24, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Encouragement. All of us as we set goals, take action, hit speed bumps and detours, are focused on using our passions to move our business and ourselves into the future. For all of our hard work we often require more than we can provide to ourselves....
DATE: Mar 24, 2015
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CATEGORY:
Other
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A former Securities and Exchange (SEC) commissioner is to speak at a regulations and compliance conference in Bermuda next month.
Troy Paredes, now a senior strategy and policy advisor for PwC in the US, will take part in the Regulation, Operation an...
DATE: Mar 24, 2015
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Merger mania in the insurance industry shows no sign of letting up, according to a major investment management firm.
Analysts at US-based Conning said that mergers “picked up measurably” last year — and that activity had continued into the start of 2...
DATE: Mar 24, 2015
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
