75913 results returned for search: "" category "Business"
The Bermuda corporate parent of a bond insurer at the centre of controversy over Detroit’s $18-billion bankruptcy hearings, has disclosed they could face difficulties if the judge rules against them.
Their New York-based bond insurer subsidiary — Syn...
DATE: Jun 24, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
Bermuda re/insurer Validus Holdings Ltd has agreed to acquire US insurer Western World Insurance Group, Inc for $690 million in cash.
Validus CEO Ed Noonan said last night that the combination with the Franklin, New Jersey-based Western World would r...
DATE: Jun 24, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Teamwork. In the past few weeks and starting last week with the World Cup we are seeing very clearly how great teamwork makes the big difference! Whether it is the LA Kings in hockey, the Spurs in the NBA, and the World Cup it is apparent then when ...
DATE: Jun 24, 2014
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CATEGORY:
Bermuda Works
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The insurance and reinsurance community converge on the Fairmont Hamilton Princess Hotel today and tomorrow as more than 30 executives and senior management speakers will debate economic, regulatory and business issues at the he eighth Insurance Day ...
DATE: Jun 24, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
David Fox, Business Editor
The Royal Gazette/Bermuda Stock Exchange Index closed down 4.46 at 1,396.05 at the week’s end.
Some 135,949 shares traded, at a value of $519,851.64.
The utilities sector saw declines with both Ascendant Group Limited and KeyTech Limited trading, the...
DATE: Jun 23, 2014
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CATEGORY:
Bermuda Stock Exchange
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A bankruptcy judge this week delves into key issues in the worst municipal bankruptcy in US history.
And in the middle is a Bermuda insurer whose holding company lists a Bermuda cabinet minister as a director.
The case is scheduled to go to trial in ...
DATE: Jun 23, 2014
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CATEGORY:
Other
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AUTHOR:
David Fox, Business Editor
QuoVadis announced they expanded operations into Belgium to accommodate their European customers. The new subsidiary, QuoVadis Trustlink BVBA, has been accredited by the Belgian Ministry of Economic Affairs (FOD Economie) as a qualified issuer of dig...
DATE: Jun 23, 2014
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CATEGORY:
Other
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Marshall Diel & Myers Limited are offering an annual scholarship, the law firm has announced.
In a press release, they said: “We are committed to developing the future of the Bermuda Bar by offering an annual scholarship to encourage and support Berm...
DATE: Jun 23, 2014
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CATEGORY:
Other
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Axis Capital Holdings Ltd chief operating officer Jack Gressier is to retire at the end of this month to spend more time with his family — and the company does not intend to replace him.
The Bermuda-based re/insurer said Mr Gressier’s current respons...
DATE: Jun 23, 2014
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CATEGORY:
Reinsurance
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A UK magazine has given Bermuda the Best Digital Jurisdiction Award for the second year running.
The World Commerce Review, a business-to-business publication, gave Bermuda the award after looking at the Island’s regulatory and policy environment, in...
DATE: Jun 23, 2014
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CATEGORY:
Other
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AUTHOR:
Owain Johnston-Barnes