Bermuda has not reached levels of public debt that would cause the UK alarm, Governor Sir Richard Gozney said yesterday.
His comments came after The Foreign and Commonwealth Office refused the Cayman ...
Bermuda-based insurer Ironshore Inc. has completed a $300 million capital raise that will increase its ability to capitalise on market opportunities.
The company said in a statement yesterday that the...
A Bermuda Supreme Court judge has ordered $9 million held in a Bank of Bermuda HSBC account in the name of an insolvent Bernard Madoff feeder fund to be repaid to two institutions who invested the mon...
Billionaire investor Wilbur Ross believes that Bermuda's insurance companies are trading at bargain share prices and that some should merge.
His comments come as rumours circulate within the Bermuda i...
Bermuda-based Ariel Reinsurance Company Ltd. has opened a branch office in Switzerland to make its first venture into credit and surety reinsurance.
Ariel Holdings Ltd. chairman and chief executive of...
Bermuda's property insurers are breathing a sigh of relief after seeing virtually no claims resulting from the Island's brush with Hurricane Bill last weekend.
BF&M Ltd. chief executive officer John W...
Acumen Ltd. has announced its intentions to manage or acquire captive insurance companies in run-off, after gaining approval from regulator the Bermuda Monetary Authority to provide insurance manageme...
A major hurricane making landfall in Florida is overdue — and conditions are now similar to those that spawned a succession of storms in the Sunshine State in 2004 and 2005.
That was the message yeste...
Major captive insurance manager International Advisory Services (IAS) Ltd. could be about to be sold to Marsh, according to reports surfacing yesterday.
The website of The Captive Review seized upon r...
A judge has given the Hamiltonian Hotel and Island Club Ltd. another three weeks to try to make headway with efforts to raise the money to pay off its mounting debts.
The Ministry of Finance has appli...
