76402 results returned for search: "" category "Business"
Endurance Specialty Holdings Ltd has hired Mark Maritzen to build and lead a new property team within the company’s US insurance operation.
Bermuda-based Endurance said yesterday that Mr Maritzen would work in its New York city office and that his te...
DATE: Jul 10, 2014
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CATEGORY:
Reinsurance
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The Bermuda Foundation for Insurance Studies (BFIS) will co-host a panel next week Thursday, July 17, along with American law firm Drinker Biddle & Reath LLP (DBR) on mergers and acquisitions (M&A) developments in the insurance industry.
Expert pane...
DATE: Jul 10, 2014
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CATEGORY:
Reinsurance
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The Royal Gazette/Bermuda Stock Exchange closed unchanged at 1,381.63 yesterday.
Ascendant Group Limited saw trading with 3,300 shares changing hands, closing at 6.50, level with its previous closing price on July 4.
BF&M also traded. Just 52 shares ...
DATE: Jul 09, 2014
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CATEGORY:
Bermuda Stock Exchange
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Market pressures on the risk sector at July 1 renewals continued to drive price decreases across virtually all geographies and lines of business, many in the double-digit range, according to global reinsurance broker Guy Carpenter.
“While the impact ...
DATE: Jul 09, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Rebecca Zuill
Newly published research by the US Congress claims that 76 companies have shifted their corporate domiciles away from the US since 1983 — one of them being Ace Ltd.
Such domicile shifts are referred to as “inversions” and have been causing concern am...
DATE: Jul 09, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Bermuda-domiciled re/insurer Lancashire Holdings Ltd says its Kinesis Capital Management Ltd subsidiary has completed its mid-year capital raise.
Investors were invited to subscribe for securities in Kinesis Holdings I Ltd to enable its subsidiary, K...
DATE: Jul 09, 2014
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CATEGORY:
Reinsurance
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Two lawyers have just returned to Bermuda after promoting the Island at a conference in Switzerland.
Jeffrey Elkinson, a director in Conyers Dill & Pearman’s Litigation and Insolvency department, and Peter Pearman, a director in the firm’s Private Cl...
DATE: Jul 09, 2014
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CATEGORY:
International Business
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There are shifting sands in the world of Bermuda’s public accountants, who have now accomplished what many said was impossible.
They have unified under one umbrella organisation, bringing together more than 820 professionals of three different accoun...
DATE: Jul 09, 2014
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CATEGORY:
Local Business
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AUTHOR:
David Fox, Business Editor
Bermuda-headquartered Bacardi Limited, the largest privately held spirits company in the world, has pledged a half a million dollars over the next five years to the Bermuda Hospital Charitable Trust “Why it Matters” campaign.
During a donation ceremo...
DATE: Jul 09, 2014
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CATEGORY:
Other
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Bermuda Press (Holdings) Ltd recorded a loss of $112,000 in the first half of its 2014 fiscal year, as advertising revenue fell.
The company, which owns The Royal Gazette, as well as commercial printing, retail and real estate interests, saw revenue...
DATE: Jul 09, 2014
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CATEGORY:
Local Business
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