Just over half of respondents in a poll of readers of the industry magazine Reactions believe that Bermuda is still the place for new insurers to go with start-up capital.
While the Island has attract...
Bermuda-based Kingate Management Ltd. has been given an extension until next Monday to respond to a lawsuit in which it is accused of withdrawing $255 million in "fake profit" from funds invested with...
Just over half of respondents in a poll of readers of the industry magazine Reactions believe that Bermuda is still the place for new insurers to go with start-up capital.
While the Island has attract...
Low catastrophe activity helped Bermuda reinsurer Platinum Underwriters Holdings Ltd. to earn second-quarter net income of $98.1 million and comfortably beat analysts' expectations.
The profit, announ...
Government will spend more and raise less revenue than it has budgeted for, as Bermuda's economy suffers from the effects of a "severe contraction" in the US.
That is the view of the Economist Intelli...
Bermuda's international insurers have welcomed a bill introduced in the US Congress that would give homeowners incentives to "storm-proof" their homes.
The Association of Bermuda Insurers and Reinsure...
The tallest building in the United States now bears the name of a Bermuda-domiciled company after Chicago's Sears Tower was renamed the Willis Tower.
In getting its name on the building Willis Group H...
Bermuda is about to become only the sixth market in the world where the new Heineken Premium Light beer will be on sale.
Beverage supplier and retailer Burrows Lightbourn Ltd. will stock the product, ...
Bermuda bond reinsurer Ram Holdings Ltd.'s first-quarter loss narrowed to $1.9 million, the company announced on Friday.
Ram suffered huge losses linked to the decline in value of the bonds it reinsur...
The constrained supply of capital means the reinsurance industry is going through "scary times", Harbor Point Re chief executive officer John Berger told delegates at the Insurance Linked Securities S...