49296 results returned for search: "" category ("Other" AND "Business")
A Bermuda special purpose insurer is behind the first storm-surge catastrophe bond.
MetroCat Re Ltd, a Bermuda domiciled special purpose insurer established for issuing series of catastrophe bond notes, has been set up to support the risk transfer ne...
DATE: Jul 16, 2013
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The Bermuda current account surplus increased by more than half a billion dollars year-over-year, recording a surplus of $725 million in the first quarter of 2013.
The figure, which represents the difference between receipts and payments in transact...
DATE: Jul 12, 2013
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In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced that during the month of June 2013, they purchased for Treasury 415,297 common shares at an average price of $1.399 per share.
In addition, in June the ...
DATE: Jul 12, 2013
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AUTHOR:
Rebecca Zuill
Bermuda has a sterling reputation as a leading offshore jurisdiction in which to develop trust and wealth structures for both local and overseas persons.
Bermuda trusts can achieve a wide variety of personal, estate, financial and tax planning object...
DATE: Jul 11, 2013
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XL Group plc announced this evening an approximate $135 million preliminary net loss estimate in the second quarter of 2013, relating to natural catastrophes, according to a press release from the re/insurer.
XL Group plc, which is a global insurance...
DATE: Jul 11, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
The Bermuda Foundation for Insurance Studies (BFIS) is co-hosting a data breach and cybercrime presentation along with Drinker Biddle & Reath LLP.
In a press release announcing the event, BFIS said: “Data breaches and cybercrimes ... continue to gro...
DATE: Jul 10, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
Sizzle. We are most definitely into that time of the year when the temperatures sizzle and we all seek shade and cooler places to do our work and play. This got me to thinking about what do each of us do to make our lives and our businesses sizzle? W...
DATE: Jul 09, 2013
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The off-and-on issue of the impact of air passenger tax on the cost of airline tickets has come to a head in the Caribbean.
According to Saturday’s online version of Caribbean Journal, Grenada Prime Minister Dr Keith Mitchell is calling for a ‘broade...
DATE: Jul 09, 2013
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Tokio Millennium Re Ltd. (TMR) held its ‘Eighth Summit on Global Warming and Climate Change — Implications for the Insurance Industry’ in Atlanta at the end of June.
Tatsuhiko Hoshina, its President and chief executive officer said: “TMR recognises t...
DATE: Jul 08, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
The ISIS Foundation, the charitable organisation which saw its beginnings in Bermuda, is distinguished by an unusual and much-praised model — it is supported by the proceeds of its founders’ corporate advisory and consulting firm ISIS (Asia Pacific) ...
DATE: Jul 06, 2013
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CATEGORY:
Other
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AUTHOR:
Rebecca Zuill
