3433 results returned for search: "" category ("International Business" AND "Business")
Joel Schaefer has resigned as president and CEO of Capital G Investments Ltd after ten years at the helm to take up a new role as president and chief investment officer for a family office registered in Bermuda.
Mr Schaefer will continue to serve as ...
DATE: Sep 14, 2011
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CATEGORY:
International Business
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MONACO (Reuters) - Mike McGavick, chief executive of Bermuda-based insurer and reinsurer XL Group, has no plans to stand for election to the US Senate next year, he said yesterday.
“I have no political ambitions whatsoever, my ambitions are all about...
DATE: Sep 14, 2011
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CATEGORY:
International Business
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White Mountains Insurance Group Ltd has announced the reorganisation and rebranding of its global reinsurance business - but there will be no significant changes for the company’s Bermuda operations.
In a filing to the Bermuda Stock Exchange, the com...
DATE: Sep 14, 2011
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CATEGORY:
International Business
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Ace Ltd has agreed to acquire Penn Millers Holding Corporation for $107 million in cash.
PMHC’s primary insurance subsidiary, Penn Millers Insurance Company, is a well established underwriter of agri-related insurance in the US, providing specialty p...
DATE: Sep 09, 2011
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CATEGORY:
International Business
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Bermuda reinsurer Montpelier Re Holdings Ltd has recruited Christopher Schaper from Bermuda rival Endurance Specialty Holdings Ltd to be the new president of Montpelier Reinsurance Ltd.
His appointment will be effective November 25, 2011 subject to a...
DATE: Sep 08, 2011
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CATEGORY:
International Business
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Bermuda Commercial Bank has agreed to merge with Paragon Trust Ltd and Charter Corporate Services Ltd.
The Trinity Hall offices of Paragon and Charter at 43 Cedar Avenue will become BCB’s private wealth services centre
The amalgamation is expected to...
DATE: Sep 02, 2011
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CATEGORY:
International Business
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OSLO (Bloomberg) Bermuda-based Frontline Ltd, the world’s largest operator of supertankers, jumped 29 percent in two days in Oslo, its biggest such gain since May 2009, on speculation some investors are closing bets on share-price declines.
The share...
DATE: Sep 01, 2011
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CATEGORY:
International Business
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The Organisation for Economic Cooperation and Development (OECD) has encouraged Governments to change their tax regimes to capture more of the potential revenue lost to companies using “aggressive” policies to slash their tax bills.
An OECD report pu...
DATE: Aug 31, 2011
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CATEGORY:
International Business
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Liquidators of two Bermuda-incorporated funds should have their proceedings recognised as a foreign action in order to investigate the funds’ financial affairs and to distribute recovered property to the creditors, a judge has concluded.
Bankruptcy J...
DATE: Aug 30, 2011
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CATEGORY:
International Business
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Bermuda-based Ship Finance International Ltd posted a profit of $41.5 million or 52 cents per share during the second quarter.
That included an accrued profit share of $200,000 over that period compared to $2.3 million in the first quarter of this ye...
DATE: Aug 29, 2011
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CATEGORY:
International Business
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