75993 results returned for search: "" category "Business"
Bermuda’s appeal to Canadian corporations as a base for their captive insurance companies has grown with the prospect of the tax information exchange agreement (TIEA) between the two countries coming into effect next month.
That was the clear conclus...
DATE: Jun 03, 2011
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CATEGORY:
International Business
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RenaissanceRe Holdings Ltd announced that its consolidated joint venture, DaVinciRe Holdings Ltd has raised $100 million in equity capital.
The funds came from new and existing investors, RenRe said.
The capital will be used to support the ongoing u...
DATE: Jun 03, 2011
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CATEGORY:
Reinsurance
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The Association of Bermuda International Companies (ABIC) has lent its support to Government’s efforts to maintain and create jobs in the international business sector.
In the Senate yesterday, Minister of the Economy Kim Wilson said that new positio...
DATE: Jun 03, 2011
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CATEGORY:
International Business
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Risk and insurance management service provider Kane will have the advantage of being able to tap into an extensive global network of operations following its acquisition of the insurance management operations of HSBC.
That is according to Roy Fellowe...
DATE: Jun 03, 2011
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CATEGORY:
Reinsurance
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A group of Bermudian students were given a taste of the insurance industry at Allied World.
The Swiss-based insurer hosted Bermuda Foundation for Insurance Studies (BFIS) students for the 2011 Intro-to-Insurance Summer Intern Programme.
The six stude...
DATE: Jun 03, 2011
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CATEGORY:
Reinsurance
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There are signs that the reinsurance market is firming up as insurers in wind-prone US states seek protection for losses during the hurricane season.
According to UBS analyst Brian Meredith, Florida property catastrophe reinsurance rates were up by a...
DATE: Jun 03, 2011
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CATEGORY:
Reinsurance
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Bermuda insurer Ironshore’s European operating hub is to open a branch office in London.
Dublin-based Ironshore Europe Ltd said yesterday it had received approval from the Central Bank of Ireland, to open the London office.
Paul Betts will lead the o...
DATE: Jun 03, 2011
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CATEGORY:
Reinsurance
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Ace Ltd, a global insurance group, has named vice-chairman John Keogh to the newly-created role of chief operating officer, part of a broader reshuffling of the company’s top executives.
The Zurich-based company said yesterday that Keogh will oversee...
DATE: Jun 03, 2011
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CATEGORY:
Reinsurance
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Partner Re’s insurer financial strength rating was yesterday downgraded by Fitch to AA- from AA.
The rating agency’s move comes after PartnerRe recorded catastrophe losses of more than $1 billion in the first quarter of this year.
“The ratings downgr...
DATE: Jun 03, 2011
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CATEGORY:
Reinsurance
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Business Bermuda has announced the 13th Annual College Student Networking Event (CSNE) set to be held next month.
The event, which will be held at the Fairmont Hamilton Princess on July 21, allows Bermuda’s business professionals to meet with upcomin...
DATE: Jun 03, 2011
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CATEGORY:
Other
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