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Financial and business service

Reinsurance

"Ace announces new insurance internship"

Ace Bermuda has just announce a new insurance internship for Bermudian university students. Ace Select is a paid internship that will run from May 27 through August 9 of next year. It will be offered to just six students interested in pursuing a car...
Dec 07, 2012
Other

"Equinoxe closes in on $10b in assets under administration"

Global fund administrator Equinoxe Alternative Investment Services Ltd is set to hit the $10 billion mark for assets under administration within weeks, just over five years after launching as a Bermuda start-up. The company, led by chief executive of...
Dec 06, 2012
International Business

"Equinoxe set to hit $10b in assets under administration"

Global fund administrator Equinoxe Alternative Investment Services Ltd is set to hit the $10 billion mark for assets under administration within weeks, just over five years after launching as a Bermuda start-up. The company, led by chief executive of...
Dec 06, 2012
International Business

"Equinoxe set to hit $10b in assets under administration"

Global fund administrator Equinoxe Alternative Investment Services Ltd is set to hit the $10 billion mark for assets under administration within weeks, just over five years after launching as a Bermuda start-up. The company, led by chief executive of...
Dec 06, 2012
Reinsurance

"Montpelier Re’s new reinsurance fund raises $100m"

Equity investors in the UK have put more than $100 million into Montpelier Re’s new Blue Capital Global Reinsurance Fund, which completed its first share offering this week. Montpelier provided $50 million of the $100 million allocated to the fund wh...
Dec 06, 2012
Reinsurance

"Top Euro official says Bermuda is ‘ahead of the rest’"

Bermuda has moved “ahead of the rest” by showing international leadership in the field of global insurance regulation. That is the view of Karel Van Hulle, the architect of the European Union’s Solvency II enhanced regulatory regime for insurers, who...
Dec 05, 2012
Reinsurance

"‘Bermuda-on-the-Potomac’ bill to be reintroduced"

The office of US Representative Eleanor Holmes Norton has confirmed that she is looking to reintroduce a bill that would bring tax advantages for re/insurers who base there and potentially turn Washington DC into ‘Bermuda on the Potomac’. The new dra...
Dec 04, 2012
Reinsurance

"Montpelier Re launches new cat fund"

Montpelier Re has launched a third-party managed catastrophe reinsurance fund on the London and Bermuda Stock Exchanges. The fully collateralised reinsurance and retrocessional linked investment fund will be launched in the market through the Bermud...
Dec 04, 2012
Personal Finance

"The world needs to find the ‘Global Economic Reset’ button"

The world needs to find the ‘Global Economic Reset’ button. Japan could be first to find it, while the rest of us follow. Japan may be on the edge of a massive change. The Bank of Japan effectively rules Japan because it controls the purse strings ...
Dec 01, 2012
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