Reinsurance and insurance, on whose profitability Bermuda’s economy depends, can be a complicated and confusing business – especially when figuring out who owns what and which subsidiary is covering whose parent company’s ass when it comes to risk. So allow Slabbed, an insurance blog, to explain the relationships of companies in the insurance and finance industries:
As the husband of my grandmother, I am my own grandpa! My name is RenaissanceRe. A Nowdy/Sop tag team post « slabbed
Archive for the ‘Bermuda’ Category
Naked ambition
Posted: October 3, 2008 in Bermuda, miscellanyTags: Alan Gilbertson, Feedback, food relief, Full Monty
My good friend Alan Gilbertson [left] is not only brave enough to get on stage in the upcoming production of The Full Monty, but is courageously offering to virtually go The Full Monty in aid of a worthy cause.
Alan and his wife Carol are long-time supporters of Feedback, a South African food relief charity which persuades food producers, supermarkets, and restaurants to donate quality excess food, most of which would otherwise be wasted. Feedback operates a fleet of trucks to collect this food and deliver it, fast and free, to feed the young, aged, sick and helpless of South Africa. Last year, Feedback redistributed enough food to provide an amazing 12.6 million meals.
Feedback has set up a special Full Monty page complete with Monty Meter to clock donations. As the donations come in, Alan’s picture on the site will shed an item of his Monty costume. Alan has promised to match every donation dollar for dollar (I told you he was a brave and foolish man) and if he gets $50,000, the whole lot comes off.
I urge you to send a few dollars Alan’s way – and of course to see the show, which by all backstage rumours hear is going to be brilliant!
Finally, a small break for Bermuda’s long-suffering iTunes fans. You can now buy iTunes gift cards on the Island – at a price. Red Laser is now selling them – at around $30 for the $25 card and $59 for the $50. They are currently sold out but expect to have more in next week. It’s better than nothing but it makes downloading absurdly expensive – so you’re still better off surreptitiously slipping a few in your wallet next time you’re travelling.
I just hope someday soon a top Apple exec vacations on the Island and gets it in the neck from local Apple users about what a pain in the arse the company is to deal with when it comes to ordering online, using iTunes and – dare I mention it – getting a legit iPhone. That way we might get something done. Surely someone here must reinsure something Apple related – maybe they can put a harsh word in.
No one’s saying anything but maybe something will give on the iPhone front later this year as local carriers roll out their 3G networks. The damned thing’s been out for 18 months, for God’s sake! How difficult can it be? Can someone enlighten me? [Also if anyone out there has sucessfully hacked a 3G iPhone for Bermuda, please drop me a confidential line at gib.chris@gmail.com]