It is too early to say what impact Validus Holdings Ltd.'s takeover of fellow Bermuda reinsurer IPC Holdings Ltd. will have on jobs, according to the man who will lead the combined company.
Ed Noonan,...
Validus Holdings Ltd. has emerged on top in the protracted bidding war for IPC Holdings Ltd. after reaching an agreement to buy IPC in a sweetened cash-and-shares deal worth $1.67 billion.
Provided th...
IPC Holdings Ltd.'s interim chief executive officer John Weale said yesterday that the Bermuda reinsurer has received several proposals of interest beside the takeover bids tabled by Validus Holdings ...
Validus Holdings Ltd. has agreed to buy fellow Bermuda reinsurer IPC Holdings Ltd. in a deal worth $1.7 billion.
The two companies announced that their boards of directors has agreed on a sweetened de...
Bermuda-based PartnerRe Ltd. has agreed to buy Paris Re Holdings Ltd. in a $2 billion deal that will make it the fourth largest reinsurer in the world.
PartnerRe chief executive officer Patrick Thiele...
The voracious take-up of Butterfield Bank's $200 million preference share offering has shown the local capacity and appetite for sound investments with an attractive yield.
The is the view of Greg Woj...
Administrators working on the winding up of Bermuda investment firm Emerald Financial Group Ltd. are "hopeful" that many investors will get their money back, it emerged yesterday.
Bermuda Police arres...
July 04, 2009 11:00AM
listing of Butterfield Bank's preference shares on the Bermuda Stock Exchange has been officially launched.
Argus Group Holdings Ltd. yesterday announced a net loss of $115.7 million for the year ending March 31, 2009 — the first annual loss in the company's 60-year history.
Chief executive officer Gerald S...
Bermuda investment firm Emerald Financial Group is facing a winding-up action, after financial regulator the Bermuda Monetary Authority took enforcement action yesterday.
The news came after the arres...
