IPC Holdings Ltd. have been offered a cash enticement of $2.50 per share to vote next week in favour of the planned merger with fellow Bermuda re/insurer Max Capital Group Ltd.
The money will be paid ...
Regulators can reduce the possibility of a repeat of last year's near meltdown of the global financial system by working more closely with auditors.
That is the view of Brendan Nelson, global chairman...
Proxy advisory firm RiskMetrics Group is recommending that IPC Holdings Ltd. shareholders vote against a merger with fellow Bermuda company Max Capital Group Ltd. next week.
And RiskMetrics believes t...
Fierce competition in the local wireless telecommunications industry is benefiting the consumer in the form of progressively better service and pricing, according to the Computer Society of Bermuda.
C...
The nearly 700 Chevrolet owners on the Island need have no concern about the supply of parts or new vehicles as a result of the General Motors bankruptcy.
That is the view of Daniel Greenslade, owner ...
Many of Bermuda's international companies have indicated to Government that they are here "for the long haul", Finance Minister Paula Cox said.
Speaking after last week's announcement by Accenture tha...
Butterfield Bank has invited prospective investors in its upcoming $200 million issuance of preferred shares to a series of information sessions this week.
Three sessions will be held on Wednesday at ...
The Bermuda Supreme Court has dismissed the application by Bermuda reinsurer Validus Holdings Ltd. to convene a meeting of IPC Holdings Ltd. shareholders in connection with its attempted hostile takeo...
BF&M Ltd.'s first-quarter earnings plunged by 88 percent as the accounting value of conservative long-term investments fell by more than $10 million.
The insurer and pension provider recorded net earn...
Accountancy firm KPMG yesterday announced it is cutting its Bermuda workforce by nine due to the impact of "the unprecedented global economic situation".
In a statement yesterday, the company said the...
