49296 results returned for search: "" category ("Other" AND "Business")
Bermuda’s electricity utility has been designated as Best Performing Utility by trade association CARILEC.
The 33 member Caribbean Electric Utility Corporation made its first benchmarking awards in 2012.
Belco’s award was announced at CARILEC’s Engin...
DATE: Aug 14, 2013
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Insurance manager Kane subsidiary, Kane SAC Limited had launched a new catastrophe bond platform and issued a $9,523,770 note under the programme, the company has announced.
The series 1-2013 notes have been listed on the Bermuda Stock Exchange.
“Th...
DATE: Aug 14, 2013
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Rating agency A.M. Best Co.announced this evening that they have placed under review with negative implications the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of the pooled and reinsured members of the T...
DATE: Aug 14, 2013
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Former Axis executive Fred Cooper has been named as the Head of Endurance Specialty Holdings’ US Financial Institutions Insurance practice.
The Bermuda-based property and casualty reinsurer said Mr Cooper will work out of New York to grow the new bus...
DATE: Aug 14, 2013
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Convergence capital is depressing reinsurance rates in the face of higher than average catastrophe losses during the first six months of 2013, according to a Guy Carpenter’s June renewal briefing.
Catastrophe losses reached $20 billion in the first s...
DATE: Aug 14, 2013
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One of the founding members of the Bermuda Foundation For Insurance Studies, ACE Bermuda has continued to be a donor and supporter of BFIS since 1996.
In thanking ACE Bermuda and the ACE Foundation for their constancy, Michael Fisher, BFIS Chairman s...
DATE: Aug 13, 2013
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Private enterprise, not political action, is the key to tackling unemployment and boosting economic growth in the Caribbean, a leading economist in the region has said.
Writing in the Caribbean Journal, former Minister of State for Finance with the G...
DATE: Aug 13, 2013
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Difficult. Have you ever been out for a drive on any roadway and encountered construction or some other obstacle (an accident, a rock slide, or washed out road) where you are not able to go any further and your plans have to change? Many of us fuss a...
DATE: Aug 13, 2013
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Severe weather catastrophes are surging, and payouts to the tune of billions of dollars inspired the Reinsurance Association of America to urge Congress to have federal agencies consider climate risk in project reviews, and offer tax incentives to he...
DATE: Aug 13, 2013
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Tower Group International’s Board of Directors have authorised a dividend of US$0.l65 per share for the quarter, the company said on Friday.
The dividend, which is unchanged from the first quarter of 2013, will be paid on September 20, to shareholde...
DATE: Aug 13, 2013
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