Log In

Reset Password
DIGITAL EDITION VIDEOS PHOTOS PODCAST RSS

Financial and business service

Other

"New insurer registrations up over 2012"

The Bermuda Monetary Authority has registered 27 new insurers so far this year, an increase of eight from the 19 registered to May 2012, a spokesman for corporate governance and communications announced yesterday. The monthly assessment and licensing...
Jun 21, 2013
International Business

"Kiskadee Re, a new SPI, formed"

International specialist insurance group Hiscox has formed a new Bermuda special purpose insurer (SPI) called Kiskadee Re. Bermuda-headquartered Hiscox registered Kiskadee Re with the Bermuda Monetary Authority in April. A number of other SPIs were a...
Jun 21, 2013
Local Business

"ACE customers welcome report on trends and insights"

ACE Bermuda has released its 2013 Liability Limit Benchmarks and Large Loss Profile Report, an annual publication that provides insights into prevailing trends in the re/insurance industry. The annual publication provides illustrative snapshots of th...
Jun 21, 2013
Other

"Lancashire praised, upgraded by AM Best"

An upgrade in outlook from stable to positive has been given to Bermuda-based Lancashire Insurance Company Limited, along with Lancashire Insurance Company (UK) Limited by ratings agency AM Best, which also affirmed the issuer credit rating (ICR) of ...
Jun 20, 2013
International Business

"Discord slows EU rules shake-up"

Discord is dogging a shake-up of EU insurance rules, according to an FT report yesterday. The article says “to the chagrin of national regulators and insurers, the new EU capital requirements — which will help determine insurance regulations as far a...
Jun 20, 2013
Other

"Lancashire praised, upgraded by AM Best"

An upgrade in outlook from stable to positive has been given to Bermuda-based Lancashire Insurance Company Limited, along with Lancashire Insurance Company (UK) Limited by ratings agency AM Best, which also affirmed the issuer credit rating (ICR) of ...
Jun 19, 2013
Other

"Software development consultancy targets re/insurance sector"

A new software development consultancy has launched in Bermuda to serve the Island’s burgeoning alternative risk transfer market. Treefrog Consulting offers risk system software development services to the Bermuda re/insurance industry. It says it pl...
Jun 19, 2013
Local Business

"Decision–by FMIS rankles customers"

Freisenbruch-Meyer Insurance Services’ (FMIS) announcement to customers on Friday that they will stop providing health insurance as of July 15 has left at least one customer angrily questioning the legality of the move as well as the company’s offer ...
Jun 19, 2013
Personal Finance

"Dave Says: Resenting the family loan"

Dear Dave, I borrowed $30,000 from my aunt to buy a condo eight years ago. We had a deal that she would get her money back, plus a piece of the profits, when it sold. If there were no profits, she would get back her original $30,000. Recently the con...
Jun 15, 2013
Other

"ACE European Group Ltd’s outlook is positive — A.M. Best"

A.M. Best Europe Rating Services Limited has revised ACE European Group Limited (AEGL) outlook to positive from stable, and affirmed the financial strength rating of A+ (Superior) and the issuer credit rating of “aa” of ACE European Group Limited (AE...
Jun 14, 2013
Other

"Did illegal fishing trigger takeover move?"

The Belize newspaper Amandala reported on the assumption of control over the International Business Companies (IBC) Registry and the International Merchant Marine Registry of Belize (IMMARBE), saying: “ ... operations which were estimated to net the ...
Jun 14, 2013
Available for
iPhones and iPads
Available in
Google Play
Use of this website signifies your agreement to the Terms of Service and Privacy Notice
© Copyright 2024 royalgazette.com. All rights reserved.