Archive for May 20th, 2011
Prime Management Now A Listing Sponsor
Prime Management Limited, a leading specialist fund administrator to the Hedge Fund and Risk-Linked Investments [RLI] market, announced today that they have been approved as a Listing Sponsor with the Bermuda Stock Exchange [BSX], effective 09 May 2011. As a BSX Listing Sponsor, Prime Management Limited has the ability to sponsor applications for new... Read more of this article
Lancashire Holdings Launches New Side Car
Bermuda-based re/insurer Lancashire Holdings Ltd. today [May 20] said it will launch Accordion Reinsurance Ltd., a fully collateralised side car quota share reinsurance arrangement with an innovative capital draw down feature. Accordion will be flexibly capitalised for up to $250 million, and will act as a quota share reinsurer of Lancashire Insurance... Read more of this article
Top BSX Officials Visit The Virgin Islands
Two Bermuda Stock Exchange officials visited the Virgin Islands on Tuesday [May 17], informing the Caribbean island chain’s financial services community how the exchange operates and why they would like to do more business in the region. Greg Wojciechowski, the BSX’s chief executive officer, and James McKirdy, chief compliance officer,... Read more of this article
Business Bermuda Welcomes STEP Conference
Business Bermuda offered a statement of support and welcome to members of the Society of Trust and Estate Practitioners [STEP] who attended the STEP Caribbean Conference held this week at the Fairmont Southampton Princess in Bermuda. Randall Krebs, chairman of STEP Bermuda and executive vice president and general counsel of Meritus, introduced Cheryl... Read more of this article
Bermuda Win Kitty Michael Golf Tournament
The Bermuda team led by team captain Ann Symonds also consist of Gladys Chambaz, Tracy Nash, Katyna Rabain, Wendy Salvia, Patricia Morgan, Betty-Ann Sudbury, Kathy-Lloyd Hines, Julie Delahunty-Moore and Monique Ternier have won the 33rd Annual Kitty Michael International Invitational Tournament at the Bay Course where the LPGA will play next week in... Read more of this article
Phelan Appointed To Everest Board Of Directors
Bermuda-based Everest Re Group, Ltd. announced the appointment of John P. Phelan to its Board of Directors, effective May 18, 2011. John P. Phelan formerly served as Chairman, President and Chief Executive Officer of Munich Re America Corporation and Munich Reinsurance America, Inc. and served as a member of Munich Reinsurance Company’s Board of Management... Read more of this article
