3082 results returned for search: "" category ("International Business" AND "Business")
A sizeable delegation from Bermuda has been drumming up business for the Island at one of the world’s most significant insurance linked securities conferences.
Around 75 delegates, and a further two dozen or so Island representatives, have been in Ne...
DATE: Mar 07, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
Bermuda insurance veteran, and former United Bermuda Party Minister, Gerald Simons has been appointed as the new chairman of the Board of Directors of the Bermuda Monetary Authority (BMA).
Mr Simons, who has more than 40 years experience in the secto...
DATE: Mar 05, 2013
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CATEGORY:
International Business
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Amlin Plc, the largest Lloyd’s of London insurer by market value, returned to profit in 2012 as catastrophe claims fell.
The re/insurance heavyweight reported a healthy profit before tax of £264.2 million ($398.5 million) in 2012. That missed the £2...
DATE: Mar 05, 2013
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CATEGORY:
International Business
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@$:Profits at HSBC Bank Bermuda shrank by $132 million during 2012, hit largely by a deterioration in the value of loans in North America.
The bank‘s net income for the past year was $20 million. However, its consolidated income remained relatively ...
DATE: Mar 04, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
The new Bermuda Business Development Corporation (BBDC) is casting its net far and wide to land its new chief executive officer.
The new group, which will formally come into existence on April 1, is the amalgamation of Business Bermuda and the Insura...
DATE: Mar 01, 2013
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CATEGORY:
International Business
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Shareholders of both US insurer Markel Corporation and Bermuda-based insurer and reinsurer Alterra Capital Holdings Limited have voted in favour of the $2.98 billion acquisition agreed to by the two boards.
The companies did not provide figures on th...
DATE: Feb 27, 2013
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CATEGORY:
International Business
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The former head of reinsurance at Endurance in London and chief executive officer of Novae Re has been appointed CEO of Q-Re, the Doha-based reinsurance company that intends to set up operations in Bermuda later this year.
Gunther Saacke took up his ...
DATE: Feb 27, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
The new chairman of Bermuda-based insurer Hiscox Ltd., Robert Childs, described the company’s 2012 financial results as “a very good year”, which could be a gross understatement after the company reported its profits surged more than 12-fold over 201...
DATE: Feb 26, 2013
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CATEGORY:
International Business
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Bermuda-based reinsurer Montpelier Re Holdings Ltd. has announced its deputy chairman, executive vice president and chief operating officer Tom Busher will retire at the end of this year.
Mr Busher was a member of the original management team that fo...
DATE: Feb 26, 2013
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CATEGORY:
International Business
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Global specialty insurer and reinsurer Lancashire Holdings Ltd. is launching a new capital management brand, Lancashire Capital Management, as it seeks to benefit from opportunities in the third-party capital market.
The new unit will be headed by La...
DATE: Feb 26, 2013
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CATEGORY:
International Business
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