3096 results returned for search: "" category "International Business"
(BestWire) Despite some emerging concerns regarding implementation of European Union Solvency II requirements, the Bermuda Monetary Authority will continue efforts to meet an EU equivalency standard that is part of the directive, said Shelby Weldon, ...
DATE: Feb 19, 2013
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CATEGORY:
International Business
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The global head of foreign exchange strategy for HSBC, David Bloom, believes a currency war is taking place.
Visiting Bermuda to speak with investors about foreign exchange markets and trends, Mr Bloom pinpointed three key areas he wants to draw clie...
DATE: Feb 18, 2013
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CATEGORY:
International Business
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AUTHOR:
Scott Neil
NEW YORK (BestWire) — Developers of catastrophe models will spend years digging through the data cache left behind by Hurricane Sandy that one modeller called a “treasure trove” of information, which will help address challenges in modelling Northeas...
DATE: Feb 18, 2013
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CATEGORY:
International Business
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It’s one of the largest and oldest insurance institutions in the world, with 325 years of history and tradition, but a digital revolution of sorts is taking place at Lloyd’s of London.
A new iPad app launched at Lloyd’s this week is being hailed a ‘...
DATE: Feb 18, 2013
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CATEGORY:
International Business
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Apex Fund Services, one of the world’s largest independent fund administration companies with a large office here in Bermuda, has launched Apex Trade Manager, its order management system (OMS) and Apex Vision, its portfolio management system (PMS).
...
DATE: Feb 18, 2013
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CATEGORY:
International Business
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A massive asteroid passing dangerously close to Earth and a meteor falling over Russia are just a couple of reminders that space risk is on insurers’ radars.
The meteor that exploded in the sky above Russia on Friday is estimated to have shattered m...
DATE: Feb 18, 2013
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CATEGORY:
International Business
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The UK’s High Court of Justice has ruled that the terrorist attack on the World Trade Center on September 11, 2001, can be considered two events.
The Commercial Court upheld an arbitration tribunal’s decision that the losses from the 9/11 attacks on ...
DATE: Feb 18, 2013
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CATEGORY:
International Business
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Ironshore has announced the acquisition of Excess Risk Reinsurance (ERR), a leading managing general underwriter that specialises in the employer stop loss insurance sector.
ERR will operate as a wholly-owned subsidiary of Ironshore Insurance Servic...
DATE: Feb 15, 2013
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CATEGORY:
International Business
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Allied World Assurance Company Holdings last night reported strong full-year 2012 results despite taking a hard hit from Hurricane Sandy in the fourth quarter.
Net income for the year was $493 million, compared to a net income of $274.5 million for ...
DATE: Feb 14, 2013
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CATEGORY:
International Business
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Maurice “Hank” Greenberg’s Starr Cos. is expanding in US crop insurance, joining Bermuda’s Validus Holdings in bets on agriculture after last year’s drought fuelled higher costs for the coverage.
The Starr Indemnity & Liability Co. unit won approval ...
DATE: Feb 14, 2013
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CATEGORY:
International Business
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