Cybersecurity focus for Bermuda conference

Jobs may go in Europe as Axa XL integrates

More than 700 jobs will potentially go in the proposed next phase of integration of business units in Europe following Axa’s...

O’Kane steps down as Aspen deal closes

Chris O’Kane has stepped from his role as group chief executive officer of Aspen Insurance Holdings Ltd after the completion...

Lancashire shares climb 7% on upbeat outlook

Shares of Bermudian-domiciled insurer Lancashire Holdings Ltd soared 7.1 per cent in London yesterday after the company said...

Captive conference aims to ‘elevate’

Registration is now open for the 15th Bermuda Captive Conference to be held on June 10 to 12 at the Fairmont Southampton...

Bermuda captive numbers fall

Bermuda was home to 711 active captive insurance companies at the end of last year.

The figure was down by 28 from 12...

Maiden faces class-action lawsuit in US

Bermudian-based reinsurer Maiden Holdings is facing a class-action lawsuit which alleges that it made “misleading statements”...

Arch posts $126m net income, beats estimates

Arch Capital Group Ltd posted net income of $126.1 million in the fourth quarter of last year, despite significant catastrophe...

Growth accelerates in life insurance sector

Bermuda’s long-term insurance and reinsurance industry is marking a banner year of increased company registrations, driving...

Everest suffers catastrophe losses of $875m

Everest Re Group racked up net catastrophe losses of $875 million as it posted a fourth-quarter net loss.

Hurricane...

Argo posts $43.6m fourth-quarter loss

Argo Group posted a net loss of $43.6 million for the fourth quarter of last year, driven by a fall in the market value of its...