3305 results returned for search: "" category "International Business"
Bermuda-based re/insurer Catlin Group Ltd announced yesterday that its Swiss reinsurance unit had gained approval from Swiss Financial Market Supervisory Authority to begin operating.
Catlin Re Switzerland Ltd. will be capitalised with approximately ...
DATE: Dec 09, 2010
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CATEGORY:
International Business
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Mark Byrne has stepped down from the board of Flagstone Reinsurance Holdings, the company he co-founded in Bermuda five years ago.
The company also announced yesterday that it would pay more than $100 million to buy shares and a warrant owned by comp...
DATE: Dec 09, 2010
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CATEGORY:
International Business
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It's a tale of two houses, captured on a dramatic video.
Two wooden, three-bedroom houses, side by side, when a 95 miles per hour wind starts raging.
Within a few moments one of the homes is reduced to a pile of debris by the violent gusts, while the...
DATE: Dec 08, 2010
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CATEGORY:
International Business
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Catlin Group chief executive officer Stephen Catlin doubts whether the new European insurance rules known as Solvency II will be ready to be applied consistently in different countries by the time they are supposed to take effect.
Mr Catlin, who head...
DATE: Dec 08, 2010
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CATEGORY:
International Business
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Catlin Group chief executive officer Stephen Catlin doubts whether the new European insurance rules known as Solvency II will be ready to be applied consistently in different countries by the time they are supposed to take effect.
Mr Catlin, who head...
DATE: Dec 08, 2010
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CATEGORY:
International Business
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NEW DELHI (Bloomberg) India aims to raise the limit on foreign direct investment in insurance industry to attract companies in the $41 billion market, according to Montek Singh Ahluwalia, deputy chairman of the nation's Planning Commission.
“I am hop...
DATE: Dec 07, 2010
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CATEGORY:
International Business
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BC-INSURANCE/BERMUDA (EXCLUSIVE)
EXCLUSIVE-Bermudan insurers struggling in downturn-report
+ Premiums, returns under heavy pressure - report
+ Insurers have to preserve capital - report
+ M&A opportunities "ripe" - report
NEW YORK, Dec 2 (Reuters) - ...
DATE: Dec 03, 2010
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CATEGORY:
International Business
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Chartis is returning to the Bermuda capital market to build extra coverage against US hurricane and earthquake risks.
The property and casualty insurance arm of American International Group (AIG) will sell $250 million of Series 2010-2 Class A-1 and ...
DATE: Dec 02, 2010
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CATEGORY:
International Business
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Top Bermuda insurance brokerage executive Robert Lane has been promoted to a new post in Chicago.
Mr. Lane, who had been chief legal counsel and claims and coverage practice leader of Willis' Bermuda office since 2005, has been named executive v...
DATE: Dec 02, 2010
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CATEGORY:
International Business
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The new Singapore-based unit of Hardy Underwriting Bermuda Ltd has started underwriting operations.
Hardy Underwriting Asia, which operates within Lloyd's of London's Asia platform in Singapore, is underwriting risks incepting on or after Januar...
DATE: Dec 02, 2010
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CATEGORY:
International Business
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