Philadelphia Financial, a high net worth private placement insurer, has launched its international private placement life and annuity business. The newly floated businesses in Bermuda include Philadelphia Financial Life Assurance Company ...
Tags: Philadelphia Financial, private placement business, Bermuda
Google paid a tax rate of 11.9 per cent in the US last year, according to a report in April from research and public policy organisation the Greenlining Institute, to the annoyance of many American tax campaigners who wonder why the company ...
Tags: Google, paltry rate, Greenlining Institute, tax havens
Catalina Holdings (Bermuda) has agreed to acquire HSBC Holdings' two legacy businesses, HSBC Reinsurance and HSBC Insurance (Ireland). The two businesses ceased to write new business and were placed into run-off in June 2010 and June 2009 ...
Tags: Catalina Holdings, Legacy Businesses, HSBC
White Mountains Solutions Holding Company has signed a definitive agreement with American International Group, for purchase of two subsidiaries of American General. As part of the agreement, White Mountains Solutions, a specialist runoff ...
Tags: White Mountains, Holding Company, definitive agreement
Hiscox has joined hands with Business Owners Liability Team (BOLT Insurance Agency) to distribute its small commercial insurance products to business owners in the US on the BOLT Insurance portal platform. BOLT Insurance evp Tom Hammond ...
Tags: BOLT Insurance, Insurance, Service
Greenlight Reinsurance Ireland, a subsidiary of Greenlight Capital Re has named Caryl Traynor as general manager and operating from the company's Dublin office. Traynor appointment will be effective from 1 June 2012, and he will be ...
Tags: reinsurance, insurance, general manager, market segment
Validus Holdings has announced a number of Validus Reinsurance (Validus Re) senior management promotions. The current Validus Re chief underwriting officer, Kean Driscoll has been appointed as Validus Re chief executive officer. Validus ...
Tags: Service
Bermuda-based specialty lines insurance and treaty reinsurance provider AXIS Capital Holdings has appointed Joseph Henry as its new chief financial officer, effective from 18 June 2012. Henry, who will report to AXIS Capital's president ...
Allied World Bermuda, a part of Allied World Assurance Company Holdings (AWH) has introduced Executive ForceField, a new directors and officers liability policy. Available as either an excess or primary basis, the newly launched policy is ...
Tags: Allied World Bermuda, Executive ForceField, liability policy
Arch Reinsurance Europe Underwriting (Arch Re Europe) has appointed Maamoun Rajeh as president and chief executive officer (CEO), effective from 1 July 2012. Rajeh will succeed Helmut Söhler, who will assume vice chairman position in ...
Tags: Arch Reinsurance, Maamoun Rajeh, US Property
A shackle, also known as a gyve, is a U-shaped piece of metal secured with a clevis pin or bolt across the opening, or a hinged metal loop secured with a quick-release locking pin mechanism. They are used as a connecting link in all manner ...
Tags: Learning Center, shackle
LED street lights are being removed from five locations across Bermuda after a pilot scheme found the energy-saving lights weren’t up to scratch. Government and BELCO have been working on a six-month trial, which saw a total of 68 ...
Tags: Street light
LED street lights are being removed from five locations across Bermuda after a pilot scheme found the energy-saving lights weren’t up to scratch. Government and BELCO have been working on a six-month trial, which saw a total of 68 ...
Tags: Market View, Street light