3082 results returned for search: "" category ("International Business" AND "Business")
Willis Re reshuffled senior management at its Global Specialty business on Tuesday in a move aimed at growing the division under new executive chairman Graeme Moore.
According to The Insurance Insider, Global Specialty chairman Chris Clark is moving...
DATE: Sep 12, 2013
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CATEGORY:
International Business
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US government aid to crop insurers including Ace, XL and other re/insurers in Bermuda has drawn criticism.
As part of a series looking at the US crop insurance programme, Bloomberg says the US government subsidies show how a programme created to safe...
DATE: Sep 11, 2013
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CATEGORY:
International Business
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This is according to JPMorgan Chase & Co. analysts.
“Dan Loeb’s Third Point Reinsurance Ltd., which had a public offering last month, will probably produce better underwriting results than David Einhorn’s Greenlight Capital Re Ltd.,” Bloomberg report...
DATE: Sep 10, 2013
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CATEGORY:
International Business
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By Marina Mello
A new $80 million condo resort development is set to begin in the Turks and Caicos Islands at the end of this year.
The Shore Club is set to begin construction in late autumn. Its first phase will include 38 luxury condos and amenitie...
DATE: Sep 10, 2013
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CATEGORY:
International Business
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The reinsurance industry may attract about $100 billion of new capital from alternative sources over the next five years as pension and hedge funds boost investment, according to broker Aon Plc.
And competition from third-party capital could be as si...
DATE: Sep 10, 2013
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CATEGORY:
International Business
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Bermuda-based Enstar Group, along with affiliates of Stone Point Capital of Connecticut, have completed their previously announced acquisition of Arden Reinsurance.
They acquired Arden Reinsurance in a transaction valued at nearly $79.6 million.
Aro...
DATE: Sep 10, 2013
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CATEGORY:
International Business
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Brit Group, a global specialty re/insurer, has announced that it is looking to expand its distribution network by opening a branch office in Bermuda.
The move is subject to final regulatory approval from the Bermuda Monetary Authority and Lloyd’s, s...
DATE: Sep 09, 2013
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CATEGORY:
International Business
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Bermuda’s Montpelier Reinsurance has announced the launch of the Montpelier Risk Institute (MRI).
The partnership with research institutions will target new methods for quantifying risk.
The re/insurer said in a statement that the virtual risk instit...
DATE: Sep 09, 2013
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CATEGORY:
International Business
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Bermuda-based Lancashire Holdings has announced that its shareholders have voted through its proposal to acquire Cathedral Capital, a privately owned Lloyd’s insurer.
Lancashire’s investors last Thursday voted more than 99 percent in favour of its 26...
DATE: Sep 09, 2013
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CATEGORY:
International Business
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The growth spurt is being fuelled by a recovery in the TCI’s tourism and construction sectors with spillovers into the wholesale and retail sectors.
In contrast, the latest projections by the Bermuda Government are for flat to negative 0.75 percent ...
DATE: Sep 06, 2013
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CATEGORY:
International Business
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