Bermuda-based SCUUL Ltd. has declared net income for the year to December 31 at $1,554,483, a near 52 percent drop when compared to the year before.
Through subsidiary and Class Three insurer, School ...
Terra Nova Insurance (UK) Holdings plc, the wholly owned subsidiary of Terra Nova (Bermuda) Holdings Ltd., has completed a refinancing initiative that involved a $100-million offering.
The offering of...
(OPL) soared more than 145 percent to $196.8 million -- a $116.7 million increase on the $80.1 million declared for the first quarter of last year.
Officials said that the improvement was largely due ...
An insolvent creditor of Bermuda Fire & Marine Insurance Co. (BFMIC) in liquidation is in the middle of a dispute with Lloyd's underwriters that has led to allegations of bad faith.
Transit Casualty C...
Hutchings, has been elected president of the Bermuda Foundation for Insurance Studies (BFIS) by the board of trustees.
Mr. Hutchings replaces Thomas V.A. Kelsey, who has held the position since the Fo...
Bermuda-registered Sea Containers Ltd. has reported net earnings for the first quarter to March 31 rose more than 100 percent to $3.8 million or four cents per common share on revenues of $262.1 milli...
The International Association for Financial Planning (IAFP) is about to create a Bermuda chapter, opening the door to a quality selection of education programmes for local professionals.
IAFP is a pro...
A Special Assistant Attorney General in the state of Massachusetts has urged a US federal judge to end federal interference in the case involving Electric Mutual Liability Insurance Co. (EMLICO).
And ...
reinsurance market came yesterday with the confirmation by one of the world's largest reinsurers of plans for a direct presence on the Island.
The Swiss Reinsurance Co. (Swiss Re), the world's second ...
A new future wave of young Bermudian insurance executives appears assured with word of outstanding success by Bermuda students at the College of Insurance in New York.
And this week, leading scholar P...