3082 results returned for search: "" category "International Business"
A Florida-based operational management, communications and grid security provider has received an order for a complete wireless infrastructure designed to enhance security and communication in Bermuda.
According to the International Business Times, I...
DATE: Dec 16, 2010
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CATEGORY:
International Business
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Bermuda-based re/insurer Alterra Capital Holdings Ltd. today announced that Alterra at Lloyd’s has completed the transfer of the management of Lloyd’s Syndicates 2525 and 2526 to Whittington Capital Management.
The transfer will be effective from Ja...
DATE: Dec 16, 2010
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CATEGORY:
International Business
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PartnerRe yesterday more than doubled its estimate of losses relating to the New Zealand earthquake to between $140 million and $160 million.
The 7.4-magnitude quake rocked the South Island on September 3 this year and caused widespread damage in and...
DATE: Dec 15, 2010
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CATEGORY:
International Business
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At the end of this year, Patrick Thiele will retire after a decade as chief executive officer of PartnerRe.
As he prepares to leave Bermuda to settle down to a quieter life with his family in his native American Midwest, his legacy to the Island exis...
DATE: Dec 15, 2010
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CATEGORY:
International Business
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Bermuda-based Ram Holdings Ltd. returned to profit in the second quarter of 2010, posting a net income of $26.3 million $1 per share versus a net loss of $4.6 million or 17 cents per share for the same period in 2009.
Ram CEO David Steel said: “Our s...
DATE: Dec 15, 2010
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CATEGORY:
International Business
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There are many good reasons why there should be more mergers and acquisitions (M&A) in the Bermuda insurance market - but don’t expect to see a wave of consolidation.
That was the consensus view of a CEO panel at the Ernst & Young Property/Casualty Y...
DATE: Dec 14, 2010
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CATEGORY:
International Business
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A planned increase in regulatory fees for insurance companies by the Bermuda Monetary Authority (BMA) would have a “detrimental impact” on Bermuda's competitiveness as a domicile.
That is according to the Bermuda Insurance Management Association (BI...
DATE: Dec 14, 2010
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CATEGORY:
International Business
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Bermuda-based Meridian Global Fund Services Group has announced the implementation of a managed hosting solution which moves its core IT infrastructure and data into a secure cloud environment.
The fund administrator has partnered with 6fusion, a clo...
DATE: Dec 14, 2010
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CATEGORY:
International Business
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Bermuda-based energy industry mutual insurer Oil Insurance Ltd (OIL) announced on Friday that Standard and Poor’s has affirmed OIL’s financial rating of A- (strong) with a stable outlook.
The affirmation is based on OIL’s very strong claims-paying re...
DATE: Dec 13, 2010
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CATEGORY:
International Business
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Ace Ltd’s Bermuda operations have had their financial strength and counterparty credit ratings raised to AA- (very strong) by Standard & Poor’s.
The ratings agency announced on Friday that Ace’s core Bermuda, European and North American operating ins...
DATE: Dec 13, 2010
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CATEGORY:
International Business
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