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...
The spate of departures of Bermuda international companies to Europe is a matter of concern, but this is no time to panic.
That was the message yesterday from a business leader and a politician who be...
Argus Group Holdings Ltd. yesterday announced it had agreed in principle to settle a class action lawsuit pending in a New York court relating to losses stemming from the Bernard Madoff fraud.
The cas...
A representative of an investment firm that is accused by US regulators of defrauding investors died in King Edward VII Memorial Hospital yesterday morning after taking an overdose of pills.
Bob Hagar...
Six staff are to lose their jobs at Meyer-Franklin Travel this week, the company announced last night.
A fall in airline ticket sales and a slashing of commissions by airlines has forced the agency to...
Finance Minister Paula Cox told MPs that the Organisation for Economic Cooperation and Development's process of rating countries by tax transparency progress was "hijacked by the G20 for its own purpo...
Hardy Underwriting Bermuda Ltd. has already seen profit-boosting benefits from redomiciling to London.
And after the official opening of its Bermuda underwriting platform this month, those benefits ar...
Global business consultancy and outsourcing specialist Accenture plans to leave Bermuda to reincoporate in Ireland.
The company announced yesterday that its board of directors had unanimously approved...
