3082 results returned for search: "" category ("International Business" AND "Business")
Asset management group Schroders is moving into the insurance-linked securities (ILS) space.
The UK-listed asset manager with operations here in Bermuda has bought a 30 percent stake in Switzerland-based ILS and reinsurance investment fund manager, S...
DATE: Apr 18, 2013
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CATEGORY:
International Business
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Bermuda-based Platinum Underwriters reported a net income of $86.5 million for the first quarter of 2013.
The reinsurer attributes its $2.63 per share profit for the quarter to no losses from major catastrophes in the first three months of this year....
DATE: Apr 18, 2013
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CATEGORY:
International Business
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Eight jobs are being lost in Bermuda as a result of global restructuring by PartnerRe.
The reinsurance company is to reduce its workforce worldwide by 140, with eight Bermudians losing their jobs on the Island.
The local positions being lost are in t...
DATE: Apr 18, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
Eight jobs are being lost in Bermuda as a result of global restructuring by PartnerRe.
The reinsurance company is to reduce its workforce worldwide by 140, with eight Bermudians losing their jobs on the Island.
The local positions being lost are in t...
DATE: Apr 17, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
Aspen Reinsurance said yesterday it formed a new division, Aspen Capital Markets, to expand its participation in the alternative reinsurance market.
Brian Tobben was appointed managing director of the newly created unit, the company said.
Mr Tobben j...
DATE: Apr 17, 2013
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CATEGORY:
International Business
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Britain’s prime minister David Cameron and Chancellor of the Exchequer George Osborne have been urged by a charity to improve tax transparency in British Dependent Territories.
Save the Children said the UK Government should “consider hosting a meet...
DATE: Apr 12, 2013
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CATEGORY:
International Business
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Buried deep within President Barack Obama’s FY2014 budget released this week is a provision that calls for changing the tax treatment of reinsurance transactions here in Bermuda.
The administration wants to “deny an insurance company a deduction for...
DATE: Apr 12, 2013
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CATEGORY:
International Business
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Another sizeable catastrophe bond has been listed on the Bermuda Stock Exchange, underscoring the Island’s leading position as a global centre for the insurance-related securities.
The $500 million of Series 2013-1 notes issued by Bermuda-domiciled s...
DATE: Apr 11, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
Insurers and reinsurers here in Bermuda are no doubt paying close attention to the many hurricane season forecasts that have been trickling in all week long.
Several forecasts have been released over the last few days and all suggest the same thing:...
DATE: Apr 11, 2013
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CATEGORY:
International Business
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Bermuda’s Aspen Insurance is expanding its presence in America with the formation of a specialty marine, energy and construction unit within its US Insurance business.
The unit will be led by Anthony S. Carroll who has been named its executive vice p...
DATE: Apr 10, 2013
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CATEGORY:
International Business
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