3305 results returned for search: "" category "International Business"
The Senate passed measures to give the Bermuda Monetary Authority more oversight of fund administration companies.
The amendments to the Investment Fund Act were passed without any objection from the Opposition yesterday.
Junior Finance Minister Davi...
DATE: Dec 16, 2010
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CATEGORY:
International Business
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XL Group plc has hired Fielding (Fid) Norton III from Bermuda-based rival Ironshore to enhance the firm's enterprise risk management.
Mr Norton, who was chief risk officer at Ironshore from the company's inception in 2007, will be XL's deputy chief e...
DATE: Dec 16, 2010
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CATEGORY:
International Business
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Bermuda-based reinsurer Everest Re Group Ltd has announced that it has entered into discussions with Heartland Crop Insurance Inc about the potential acquisition of the Kansas-based company by Everest Reinsurance Holdings Inc, or one of its affiliate...
DATE: Dec 16, 2010
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CATEGORY:
International Business
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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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