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News Bermuda
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A.M. Best to Sponsor 2011 Bermuda Captive Conference
A.M. Best Co. is a silver sponsor of the 2011 Bermuda Captive Conference, to be held June 5-8 at the Fairmont Southampton Resort in Bermuda. Group Vice President John Andre, Assistant Vice President Steven Chirico and Senior Financial Analysts Fred Eslami and Janet Hernandez will conduct a Mock Rating Committee on Monday, June 6, from 4:00 to 5:00 p.m.
Business Wire via Yahoo! Finance May 23 06:31am
A.M. Best to Sponsor 2011 Bermuda Captive Conference
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. is a silver sponsor of the 2011 Bermuda Captive Conference, to be held June 5-8 at the Fairmont Southampton Resort in Bermuda. Group Vice President John Andre, Assistant Vice President Steven Chirico and Senior Financial Analysts Fred Eslami and Janet Hernandez will conduct a Mock Rating Committee on Monday, June 6, from 4:00 to 5:00 p.m. A.M. Best ...
Business Wire May 23 06:42am
Bermuda stock exchange presents to VI industry
The Department of Inland Revenue announced last week that unpaid liquor licence fees have to be paid by May 27. Businesses that do not pay the fees related to the Dec. 1, 2010 to May 31, 2011 term and previous periods may face further enforcement measures, the department said in a press release.
BVI Beacon May 19 07:05am
Boston bank director hid funds in a Bermuda account, US says
NEWARK — A managing director at SCG Consulting Group in Boston has been charged with failing to report his offshore account at HSBC Holdings PLC to US authorities.
Boston Globe May 20 03:58am
A.M. Best Affirms Ratings of Top Layer Reinsurance Ltd.
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit rating (ICR) of “aa-†of Top Layer Reinsurance Ltd. (Top Layer) (Hamilton, Bermuda). The outlook for both ratings is stable. The ratings reflect the substantial amount of support Top Layer receives from its co-owners, State Farm Mutual Automobile Insurance Company ...
Business Wire May 23 11:11am
Endurance Announces Pricing of $230 Million Non-Cumulative Perpetual Preferred Share Offering
PEMBROKE, Bermuda -- Endurance Specialty Holdings Ltd. , a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced the pricing of $230 million of 7.5% Non-Cumulative Preferred Shares, Series B , with a liquidation preference of $25.00 per share, which included the exercise in full of the underwriters" overallotment option.
GlobeNewswire via Yahoo! Finance May 24 12:44pm
White Mountains Re Announces New Syndicate at Lloyd"s
White Mountains Re Ltd., the reinsurance unit of White Mountains Insurance Group, Ltd. , today announced that its Sirius International Insurance Corporation affiliate has received approval in principle from the Lloyd"s Franchise Board to establish Lloyd"s Syndicate 1945. Â 1945 was the year Sirius was founded. Â
PR Newswire via Yahoo! Finance May 23 05:00am
A.M. Best Revises Outlook to Positive for Montpelier Re Holdings Ltd. and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of A- (Excellent) and issuer credit ratings (ICR) of “a-†of Montpelier Reinsurance Ltd. (Montpelier) (Pembroke, Bermuda) and its wholly owned subsidiary, Montpelier US Insurance Company (MUSIC) (Oklahoma City, OK). Concurrently, A.M. Best has revised the ...
Business Wire May 17 11:43am
The Dancing With the Stars Bermuda Triangle
Maksim Chmerkovskiy calls it the Dancing With the Stars" triangle. As in Bermuda Triangle. He"s talking about the four square feet of ballroom floor ? just one specific spot ? that has seen more than ...
TV Guide Apr 26 07:58am
A.M. Best Assigns Ratings to UFP Insurance Ltd.
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-†to UFP Insurance Ltd. (UFPIL) (Bermuda). The outlook assigned to both ratings is stable. The ratings of UFPIL reflect its conservative underwriting leverage, strong level of capitalization and profitable operating results driven by its excellent ...
Business Wire May 06 12:13pm
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