Bermuda reinsurer Validus Holdings Ltd. said yesterday it received "overwhelming" approval from shareholders to issue extra shares in connection with its attempted takeover of IPC Holdings Ltd.
At a s...
The Bermuda Monetary Authority has bolstered its global reputation by being among the first three insurance regulators to be approved to sign up to an international agreement for regulators to work to...
Bermuda-based captive insurance companies covering risks in the European Union will not be directly impacted by new EU insurance regulations, delegates at an industry conference heard yesterday.
But w...
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...
