75989 results returned for search: "" category "Business"
The Government is looking to space as a new frontier in international business.
It said yesterday it is seeking to create a Space Enterprise Zone which could create jobs and prove to be “another major economic pillar” for the Island.
Minister of Envi...
DATE: Sep 09, 2011
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It is now ten years since the world was left shocked and horrified by the deadliest terrorist attack in history. And in the aftermath of September 11, 2001, with financial markets in a state of paralysis, Bermuda came to the fore.
During the extraord...
DATE: Sep 09, 2011
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Gibbons Company has partnered with former football star and coach, David Bascome MBE and his Hope4Life Foundation to sponsor a signature community programme to create “The Homework Buddy Programme”.
Gibbons Company will underwrite the costs to provi...
DATE: Sep 09, 2011
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Ace Ltd has agreed to acquire Penn Millers Holding Corporation for $107 million in cash.
PMHC’s primary insurance subsidiary, Penn Millers Insurance Company, is a well established underwriter of agri-related insurance in the US, providing specialty p...
DATE: Sep 09, 2011
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CATEGORY:
International Business
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IronHealth, the specialty healthcare unit of Bermuda-based insurer Ironshore, has entered into an agreement with RL Solutions to help clients manage hospital professional liability risk.
The relationship with RL Solutions will enable IronHealth hosp...
DATE: Sep 08, 2011
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Bermudian hotel concierge Curlene Lightbourne has earned her golden keys.
The senior concierge agent at the Fairmont Southampton is the resort’s latest member of the exclusive Society of the Golden keys, or Les Clef d’Or.
“Curlene Lightbourne’s induc...
DATE: Sep 08, 2011
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Pressure is building for an increase in reinsurance rates after massive catastrophe losses this year have substantially diminished reinsurers’ capital.
That is the conclusion of a report by rating agency AM Best, which states that companies “are hopi...
DATE: Sep 08, 2011
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CATEGORY:
Reinsurance
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Bermuda reinsurer Montpelier Re Holdings Ltd has recruited Christopher Schaper from Bermuda rival Endurance Specialty Holdings Ltd to be the new president of Montpelier Reinsurance Ltd.
His appointment will be effective November 25, 2011 subject to a...
DATE: Sep 08, 2011
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CATEGORY:
International Business
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New Bermuda reinsurer Third Point Re has $500 million in capital, two investors involved revealed to Bloomberg News.
And Third Point LLC, the $8 billion New York-based hedge fund founded by Daniel Loeb that is behind the new company, aims to raise a ...
DATE: Sep 08, 2011
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
James Berry, Todd Kearns and Stephen Woodward, have been named as new partners by KPMG in Bermuda, with effect from October 1, 2011.
Mr Berry joins the partnership from his role as a director, providing audit and advisory services to a variety of rei...
DATE: Sep 08, 2011
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