The board of Bermuda-based reinsurer IPC Holdings Ltd. remains opposed to Validus Holdings Ltd.’s takeover offer and is negotiating with other potential suitors.
Yesterday, IPC said it had made some p...
Bermuda-based insurer Ironshore Insurance yesterday announced equity financing worth up to $300 million to help support its expansion.
Private-equity firm GTCR Golder Rauner LLC has committed to buy $...
The board of Bermuda-based reinsurer IPC Holdings Ltd. remains opposed to Validus Holdings Ltd.'s takeover offer and is negotiating with other potential suitors.
Yesterday, IPC said it had made some p...
Bermuda's economy has fared better than most through the financial crisis, but faces tough challenges ahead, according to Butterfield Bank chief executive officer Alan Thompson.
Commentating on a pane...
Visitor spending plunged more than 45 percent in the first three months of this year, according to figures released by the Department of Statistics.
The numbers in the Quarterly Bulletin of Statistics...
Japanese officials were in Bermuda last week to negotiate a tax information exchange agreement (TIEA) with the Finance Ministry's Treaty Unit.
Finance Minister Paula Cox said in the House of Assembly ...
Bermudian Jenia Thompson is to open a new online clothes and accessories outlet, to be called the Lovit Boutique.
Ms Thompson said her aim was to attract shoppers who wanted to buy classy apparel at a...
A group of US insurers has tried to rebut claims that a proposed change in US tax law would cost American consumers billions of dollars in increased insurance premiums.
The Coalition for a Domestic In...
Some investors in the Butterfield Bank $200 million preference share issue have been told they will be able to buy only half of what they applied for.
Two investors who called this newspaper yesterday...
Bermuda-based insurer Ironshore is planning to double its business this year, says chief executive officer Kevin Kelley.
The privately-held company, now in its third year of operation, has expanded ra...
