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C&W Bermuda is renamed LinkBermuda

Cable and Wireless (Bermuda) Holdings Ltd has been rebranded with the new name LinkBermuda Holdings Ltd. EastLink International Holdings Inc, the Canadian company that bought out C&W’s operations on the Island, announced today that C&W eBusiness Ltd ...
Oct 05, 2011
Other

"BCB closes merger with Paragon and Chartered"

Bermuda Commercial Bank has completed its amalgamation with Paragon Trust Ltd and Charter Corporate Services Ltd, the bank announced yesterday. The combined entities will operate as subsidiaries of BCB under the names of BCB Paragon Trust Ltd and BCB...
Oct 05, 2011
Other

"Capital G gives $25,000 to families "

Fifty needy families are to receive a total of $25,000 in food vouchers, as Capital G Bank celebrated its ten year anniversary yesterday with a donation to the Family Centre. “It’s a huge donation, without a doubt,” said Family Centre director Martha...
Oct 04, 2011
Reinsurance

Catlin named E&Y’s UK Entrepreneur of the Year

Stephen Catlin, the founder and chief executive officer of Bermuda-based insurer Catlin Group, was named Ernst & Young UK Entrepreneur Of The Year in London. Sponsored by Credit Suisse, hosted by Fiona Bruce and attended by UK Business Secretary Vinc...
Oct 04, 2011
Reinsurance

"XL wins prior approval for Brazil office"

XL Group plc and its subsidiaries have announced that the XL group of companies has received prior approval from the Brazilian re/insurance regulator, Superintendencia de Seguros Privados (SUSEP), to set up an insurance operation in the country. On r...
Oct 03, 2011
Reinsurance

"XL launches new brand"

XL Group today launches a new global brand and marketing campaign. The rebranding will include a new logo, which will in time be visible on the signage at XL House, and comes with the tagline “Make your world go”. XL chief executive officer Mike McGa...
Oct 03, 2011
Other

"HWP pollutants are within ‘acceptable limits’"

Preliminary results of tests on water tanks following the HWP blaze show little cause for concern, according to Government. The level of polyaromatic hydrocarbons, a likely pollutant produced by the August fire, was said to be within “acceptable limi...
Oct 01, 2011
Reinsurance

"Kelley appointed to St John’s board"

Ironshore chief executive officer Kevin Kelley has been appointed to serve on the Board of Overseers for St John’s University School of Risk Management. Mr Kelley joins a prestigious roster of leading insurance industry executives dedicated to advan...
Sep 29, 2011
Reinsurance

"Omega takeover battle heats up"

The battle for Bermuda-based Omega Insurance Holdings Ltd is heating up. Former Flagstone Re chairman Mark Byrne told The Royal Gazette that he was confident that he had the necessary shareholder support for approval for his Haverford (Bermuda) Ltd i...
Sep 28, 2011
Reinsurance

"Another bidder in the running for Transatlantic"

Another bidder is in the running to acquire US reinsurer Transatlantic Holdings. The company announced yesterday that it had reached a confidentiality agreement and was in discussions with a third party. This is in addition to Bermuda-based reinsurer...
Sep 27, 2011
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