Insurance and reinsurance firm Lancashire has rejected the idea of a merger with another firm as a way to boost business.
Company CEO Alex Maloney said: “I don’t really buy the bigger is better thing....
Axis yesterday reported profits of $94 million for the second quarter of the year.
Chief executive officer Albert Benchimol said book value, adjusted for dividends, grew 7 per cent over the last year....
Stormy weather helped push down second-quarter profits for reinsurance firm RenaissanceRe, the firm reported yesterday.
Profits for the period fell $55.6 million year on year from $120.8 million to $7...
The sprawling former Lantana cottage colony is up for sale with a $16.9 million price tag.
The ten-acre Sandys property with views of the Great Sound, the venue for the America’s Cup in 2017, has been...
Telecoms firm KeyTech today posted losses of $1.9 million for the year ended in March.
The figure was $200,000 up on losses for the previous year.
A statement from the firm added: “Net loss for the ye...
Aspen Insurance Holdings yesterday reported profits of $49 million for the second quarter of the year.
The figure is equivalent to 62 cents a share, with a corresponding figure of $1.82 for same perio...
Bermuda-based White Mountains Insurance Group has struck a $2.23 billion deal to sell its Sirius reinsurance arm to a Chinese investment firm.
Sirius, based in Stockholm, Sweden, has offices in severa...
Bermuda-based Blue Capital Reinsurance Holdings posted a $5.5 million profit in the second quarter.
The figure broke down to 63 cents per share. The firm ended June with a book value per share of $20....
Butterfield Bank executive Michael Collins is to become the new chief executive officer, the bank announced today.
Mr Collins, at present senior executive vice-president, will replace Brendan McDonagh...
Sixteen Bermuda students have completed an international interns programme designed to prepare them for a career in insurance.
The students worked in Bermuda, Atlanta, Chicago and London on attachment...
