76365 results returned for search: "" category "Business"
Bermuda's economy is on the line as Government repeatedly “jumps through hoops” to try to bring greater tax transparency, according to Shadow Finance Minister Bob Richards.
Mr Richards questioned the naivety of the Ministry of Finance as the House of...
DATE: Jun 04, 2011
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CATEGORY:
Economy
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Argus Group Holdings Ltd and Butterfield Bank were the biggest traders on The Bermuda Stock Exchange (BSX) yesterday.
Argus traded 6,000 shares and Butterfield 5,000, but their share prices held firma t $4.95 and $1.38 respectively.
The Ascendant Gro...
DATE: Jun 03, 2011
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CATEGORY:
Bermuda Stock Exchange
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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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