75989 results returned for search: "" category "Business"
Enstar Group Ltd has announced that Paul Collins will be retiring from Enstar’s board of directors effective from September 30, 2011.
Dominic Silvester, Enstar’s chairman and CEO, said: “Paul has been a significant contributor to Enstar over the past...
DATE: Sep 01, 2011
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CATEGORY:
Reinsurance
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Allied World Insurance Company is set to raise its bid for US reinsurer Transatlantic Holdings, according to a report in the New York Post.
The move would turn up the heat in the battle with billionaire Warren Buffett’s Berkshire Hathaway and Bermuda...
DATE: Sep 01, 2011
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CATEGORY:
Reinsurance
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Bermuda-based online payment solutions provider First Atlantic Commerce (FAC) has announced the appointment of Christopher Burns as chief executive officer and Ronnie Viera as chief operating officer.
Effective immediately, the promotions are in li...
DATE: Sep 01, 2011
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CATEGORY:
Technology
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Former Flagstone Re chairman Mark Byrne is seeking to make a return to the Bermuda insurance market.
Mr Byrne is reportedly prepared to make a bid of some $325 million to buy Bermuda-based re/insurer Omega Insurance Holdings Ltd, according to a repor...
DATE: Sep 01, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank was the only trader on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 40,785 shares to close at $1.50.
Overall the Index remained unchanged at 1,231.57.
Some 40,785 shares worth $61,177.50 changed hands on the BSX.
The B...
DATE: Aug 31, 2011
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CATEGORY:
Bermuda Stock Exchange
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Bermuda-based reinsurance opportunities fund CatCo Investment Management Ltd does not expect to incur any impact from Hurricane Irene if total losses from the storm are within the range of catastrophe modellers’ preliminary estimates.
In a statement ...
DATE: Aug 31, 2011
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CATEGORY:
Reinsurance
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The Organisation for Economic Cooperation and Development (OECD) has encouraged Governments to change their tax regimes to capture more of the potential revenue lost to companies using “aggressive” policies to slash their tax bills.
An OECD report pu...
DATE: Aug 31, 2011
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CATEGORY:
International Business
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Most of the insured losses caused by Hurricane Irene in the US are likely to be borne by primary insurers, meaning that Bermuda’s reinsurers should see little impact from the storm.
That is the view of industry expert and economist Robert Hartwig, Pr...
DATE: Aug 31, 2011
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CATEGORY:
Reinsurance
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Bermuda Gas is set to leave its showroom and bill payment centre on Church Street by the end of the year.
The company plans to move into a custom designed new showroom on Serpentine Road, Pembroke, which will have indoor and outdoor working kitchens ...
DATE: Aug 31, 2011
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CATEGORY:
Local Business
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After 23 years, retailer Makin’ Waves is leaving its Front Street location for a new, much larger store that will cater even more to the local market.
The retailer of apparel, swimwear, surf and water sports gear is moving into the soon-to-be-vacated...
DATE: Aug 31, 2011
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CATEGORY:
Local Business
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