3305 results returned for search: "" category "International Business"
A Bermuda-based provider of insurance-linked securities has appointed a new executive.
Kane LPI Solutions has picked Matthew Charleson to head up its fund administration services.
Kane LPI’s John Uprichard said: “The fund administration sector is a v...
DATE: Oct 08, 2013
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CATEGORY:
International Business
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Bermuda’s Ironshore announced that its global Terrorism & Sabotage programme to protect against diverse risk exposure worldwide has increased capacity to up to $300 million.
CEO Kevin H. Kelley said: “In today’s world, following such recent acts as...
DATE: Oct 08, 2013
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CATEGORY:
International Business
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American Safety Insurance Holdings, Ltd. announced the successful completion of its previously announced acquisition by Fairfax Financial Holdings Limited.
American Safety is a Bermuda-based holding company offering insurance for speciality risks th...
DATE: Oct 04, 2013
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CATEGORY:
International Business
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Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Limited, has announced the appointment of Jamie Lewis as head of its casualty reinsurance business in London.
In a press release, Aspen said Mr Lewis will be responsible for devel...
DATE: Oct 01, 2013
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CATEGORY:
International Business
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A Bermuda international business is aiming to rake in more than $100 million through a permanent syndicate at Lloyd’s of London.
Ironshore, an island-based insurance and reinsurance company, is to become the first firm to convert a special purpose s...
DATE: Oct 01, 2013
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CATEGORY:
International Business
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Conyers Dill & Pearman have announced that they provided Bermuda legal advice to Tsakos Energy Navigation Limited (TEN) on its public offering of up to $50 million of 8 to 7/8 percent Series C Cumlative Redeemable Perpetual Preferred Shares.
The Berm...
DATE: Oct 01, 2013
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CATEGORY:
International Business
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XL Group says July hailstorms in Germany and France cost the company about $60-million before tax.
The re/insurer, led by CEO Mike McGavick, said most of the losses were in the reinsurance segment.
PartnerRe has previously said it estimated the cost ...
DATE: Sep 30, 2013
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CATEGORY:
International Business
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The Lloyd’s of London insurance market saw its pre-tax first-half profit decline as falling bond prices hit investment returns, offsetting robust trading by its members.
In a trading statement today, Lloyd’s said that investment returns fell to 247 m...
DATE: Sep 27, 2013
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CATEGORY:
International Business
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Validus Holdings is setting up a Swiss underwriting company, transforming the existing operations of Flagstone Reassurance Suisse.
The company will be renamed pending regulatory approval and will enhance Validus Re’s global underwriting platform incl...
DATE: Sep 27, 2013
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CATEGORY:
International Business
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A.M. Best Co. reported that it has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to ‘a’ from ‘a-’ of Flagstone Reassurance Suisse S.A.
The outlook for both ratings is stable.
Best said: “The ...
DATE: Sep 27, 2013
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CATEGORY:
International Business
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