3096 results returned for search: "" category "International Business"
While 2012 has been a much better year for property and casualty insurers than 2011, Hurricane Sandy could be a game changer with its surprising timing, direction and possibly its duration.
Insurers, reinsurers and cat bond investors are no doubt ke...
DATE: Oct 29, 2012
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CATEGORY:
International Business
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Economy, Trade and Industry Minister Patrice Minors said Government is focused on retaining and attracting senior executives to Bermuda as it goes through the process of modernising work permit rules.
She was speaking after the Cayman Islands last we...
DATE: Oct 29, 2012
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CATEGORY:
International Business
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Bermuda-based First Atlantic Commerce (FAC), a Bermuda-based global online payment solutions provider, was invited to take part in a fraud prevention and security conference in Bogotá, Columbia this week.
FAC CEO, Chris Burns spoke yesterday at the C...
DATE: Oct 26, 2012
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CATEGORY:
International Business
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The Cayman Islands has, for the first time, introduced ten-year work permits.
Until now, the maximum any foreign employee could be approved for was a five year work permit. The Cayman government amended its immigration policy on October 16 to reflec...
DATE: Oct 26, 2012
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CATEGORY:
International Business
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The re/insurance industry’s outsourcing of catastrophe risk modelling is a “dangerous phenomenon” that introduces an unacceptable level of volatility in insurance markets, the CEO of Validus Re warned.
Speaking at a Guy Carpenter symposium in Baden-...
DATE: Oct 25, 2012
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CATEGORY:
International Business
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Bermuda-based PartnerRe has invested in a Stamford, Connecticut company — making its foray into title insurance industry.
The global reinsurance group invested $19 million in Entitle Direct Group, Inc, the parent company of the country’s leading dire...
DATE: Oct 25, 2012
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CATEGORY:
International Business
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Everest Re Group saw its third quarter profits soar more than 297 percent amid low catastrophe activity — easily beating analysts’ expectations.
The Bermuda reinsurer reported net income of $250.9 million, or $4.82 per share, compared to $63.1 milli...
DATE: Oct 25, 2012
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CATEGORY:
International Business
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Indian Hotels has made a $1.86 billion bid to take over Bermuda-based Orient-Express Hotels.
The offer amounts to $12.63 per share, representing a premium of 40 percent over Orient-Express’s closing share price on Wednesday.
Indian Hotels, which is a...
DATE: Oct 19, 2012
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CATEGORY:
International Business
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AUTHOR:
Jonathan Kent
Philadelphia Financial Group — which in August set up two subsidiaries in Bermuda — yesterday announced the appointment of James Hom as chief financial officer to help guide the firm’s continued US and international growth.
The Philadelphia-based pr...
DATE: Oct 17, 2012
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CATEGORY:
International Business
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Immigration issues are in the spotlight once again following Government’s meeting with industry stakeholders to review the first draft of the 2012 Work Permit Policies.
Minister of Economy, Trade and Industry, Patrice Minors met last Friday with rep...
DATE: Oct 16, 2012
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CATEGORY:
International Business
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