75993 results returned for search: "" category "Business"
Tort lawyers will be a key driving force behind the emerging risks that reinsurers will have to contend with in years and decades ahead.
That is the view of Peter Thomas, chief risk officer of Wllis Re, who said history showed that the development of...
DATE: Jun 09, 2011
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CATEGORY:
Reinsurance
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Robert Benmosche the AIG chief executive officer who is battling cancer believes that one of the most challenging roles in global business may actually be good for his health.
So much so, that the man who came out of retirement two years ago to lead ...
DATE: Jun 08, 2011
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CATEGORY:
Reinsurance
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Business Bermuda has concluded a two-day series of training sessions focused on interacting with the international media while promoting Bermuda as a first-class financial jurisdiction.
The sessions provided members with the opportunity to enhance th...
DATE: Jun 08, 2011
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CATEGORY:
Other
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Bermuda could pick up a significant amount of business from Canadian companies looking to form new captives but there is not expected to be a mass exodus of existing companies from its main competitor Barbados.
That is the view of Jason Carne, partne...
DATE: Jun 08, 2011
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CATEGORY:
International Business
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HSBC said it agreed to pay $62.5 million to settle a class action brought against it in the United States over its role in providing administrative services to a fund which placed cash with Wall Street swindler Bernard Madoff.
The action was brought ...
DATE: Jun 08, 2011
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CATEGORY:
International Business
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Aspen US Insurance has announced the appointment of Ken Cornell, executive vice-president, to lead Aspen Specialty’s Environmental Liability team.
He will be based in New York and report to Mario Vitale, president, Aspen US Insurance.
Mario Vitale s...
DATE: Jun 08, 2011
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CATEGORY:
Reinsurance
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Butterfield Bank rose 1.45 percent (two percent) on The Bermuda Stock Exchange (BSX) yesterday.
The bank traded 1,000 shares to close at $1.39.
Overall the Index was up 9.57 points (0.81 percent) at 1,191.88 with 1,000 shares worth BD$1,388 and 1,500...
DATE: Jun 08, 2011
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CATEGORY:
Bermuda Stock Exchange
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Gerova Holdings Ltd’s subsidiary Gerova Reinsurance Ltd was granted a restricted licence by the Bermuda Monetary Authority (BMA), the Authority has said.
Gerova Re’s parent company was served notice for the termination of its lease after failing to p...
DATE: Jun 08, 2011
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CATEGORY:
Reinsurance
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SYDNEY (Bloomberg) - Australian job advertisements dropped in May by the most in two years as the nation’s employment growth slowed, a private report showed.
Jobs advertised in newspapers and on the Internet fell 6.5 percent from April, when they dec...
DATE: Jun 07, 2011
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CATEGORY:
Bermuda Works
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Jonathan Rowland, son of former UK Conservative party treasurer David, has launched his latest stock market venture a Bermuda-registered company which will invest in social media companies.
Mr Rowland, who is chairman of Jellybook, aims to raise £3 m...
DATE: Jun 07, 2011
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CATEGORY:
International Business
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