3082 results returned for search: "" category ("International Business" AND "Business")
Everest Re Group reported record earnings last night easily beating analysts’ expectations.
The Bermuda reinsurer reported net income of $384.3 million or $7.50 per share in the first quarter of 2013 compared to $304.7 million, or $5.68 per diluted ...
DATE: Apr 24, 2013
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CATEGORY:
International Business
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The number of new re/insurers setting up in Bermuda has nearly doubled year over year with 13 new companies incorporating in the first quarter of 2013 — eight of them in March alone.
This is marked increase from the seven new insurers registered dur...
DATE: Apr 23, 2013
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CATEGORY:
International Business
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Bermuda’s Apex Fund Services has named Elliott Brown to the newly created position of managing director, Americas as it targets rapid growth in the region.
Mr Brown will have responsibility for overseeing the growth of all of Apex’s offices in North ...
DATE: Apr 23, 2013
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CATEGORY:
International Business
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A proposal in US President Barack Obama’s 2014 budget has sparked more opposition this week — this time from two insurance industry organisations that say the proposal “violates a long-standing US tax policy” and would boost prices for terrorism cove...
DATE: Apr 23, 2013
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CATEGORY:
International Business
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Bermuda is touting changes to its work permit policies at the annual RIMS Conference, now under way in Los Angeles.
The changes that became effective on April 1 are designed to simplify and enhance the ability of companies to attract and retain non-...
DATE: Apr 22, 2013
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CATEGORY:
International Business
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A Bermuda-listed investment company has bought the London building that is the global headquarters of Standard Chartered Bank, paying £210 million ($319m) for the property.
Zeno Capital Limited has a stated objective to acquire investment grade prope...
DATE: Apr 22, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
Bermuda-based Ironshore Inc. has launched a new service that will provide companies with coverage for crisis situations that pose potential public-image risks.
The product, “Ironshore CrisisShield,” will be provided through the insurer’s US professio...
DATE: Apr 22, 2013
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CATEGORY:
International Business
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The Cayman Islands captive insurance industry said it has launched a new brand to promote its integrity and transparency in international markets with the tagline “Cayman Islands. Clearly Better Business.”
“It is no secret that Cayman is not often w...
DATE: Apr 22, 2013
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CATEGORY:
International Business
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The Bermuda Insurance Institute (BII) has named former chairman of the Bermuda Insurance Development Council, Roger Gillett, as the recipient of its 2013 Lifetime Achievement Award.
Mr Gillett spent 20 years with Johnson & Higgins (Bermuda) Ltd., whe...
DATE: Apr 19, 2013
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CATEGORY:
International Business
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Mandarin Oriental International, which operates the Elbow Beach Hotel, made an underlying profit of $71 million in 2012.
The company has reported its preliminary full year results, showing a 20 percent increase with underlying earnings of $175 millio...
DATE: Apr 18, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
