77143 results returned for search: "" category "Business"
A landlord and a tenant generally have opposing objectives when negotiating a new commercial lease.
A landlord usually seeks the highest rent achievable, plus the tenant paying all costs for running the building. Conversely, a tenant usually prefers ...
DATE: Nov 14, 2013
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CATEGORY:
Other
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Bermuda is at the centre of an evolving market in risk, a top insurance consultant said today.
Arthur Wightman, managing director and insurance leader at PwC, said: “What I am saying is that over the last 12 months you have seen this domicile engage ...
DATE: Nov 14, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
Mark Cran QC defended the role of Butterfield Trust Bermuda Ltd (BTB) in pulling the plug on more than $100 million to fund the building of a performing arts centre in Lucerne, Switzerland, in the second day of proceedings in a case brought by Swiss ...
DATE: Nov 14, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Convergence 2013 is an event for investors, reinsurance and insurance companies and service partners to meet, network and learn about ILS such as catastrophe bonds.
The two-day event, organised by ILS Bermuda, is being held in the newly renovated Pie...
DATE: Nov 14, 2013
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CATEGORY:
Reinsurance
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Reinsurers could take over the US flood insurance programme from the US government, according to Validus Holdings CEO Ed Noonan.
Speaking on a panel at the PwC/S&P Bermuda (Re) insurance Conference yesterday, Mr Noonan said flood coverage was one are...
DATE: Nov 14, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Proposals by some US lawmakers to raise more taxes from non-US reinsurers — including those based in Bermuda — would damage the industry’s ability to bear more flooding and terrorism risks, a hearing in Washington heard yesterday.
The subject was tou...
DATE: Nov 14, 2013
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CATEGORY:
Reinsurance
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PwC Bermuda will stage a reception next week for parents of college or university students to highlight the benefits of a career in professional services.
The parents can connect with PwC professionals and learn about the opportunities available thro...
DATE: Nov 14, 2013
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CATEGORY:
Other
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Third Point Reinsurance Ltd posted third-quarter net income of $46.6 million yesterday, as it declared its first quarterly financial results as a public company.
The earnings, which broke down to 46 cents per share, were up 17.7 percent compared to t...
DATE: Nov 13, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Building a strategy for Bermuda’s economic recovery is the goal of a two-day gathering between Government, the Island’s unions and the private sector.
Around 150 representatives from the Island’s business, hospitality and union sectors will come toge...
DATE: Nov 13, 2013
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CATEGORY:
Economy
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AUTHOR:
Owain Johnston-Barnes
Smaller reinsurance firms may have to amalgamate to survive tough economic times, a major conference heard yesterday.
And new markets — like the risk of conventional terrorism, particularly in the US — and China could create new demand for insurance ...
DATE: Nov 13, 2013
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CATEGORY:
Reinsurance
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AUTHOR:
Raymond Hainey, Assistant News Editor
