Bermuda-based Flagstone Reinsurance Holdings Ltd. has named a new chief financial officer and has switched the base for the job from Bermuda to Switzerland.
Flagstone announced on Friday that Patrick ...
BF&M Ltd.'s profits for the first nine months of the year fell 29 percent as the value of its investments plunged by almost $15 million.
The Bermuda-based insurer and pension provider recorded profits...
Insurer and investment company BF&M yesterday announced its profits for the first nine months of the year fell by 29 percent as the value of its investments plunged by almost $15 million.
The Bermuda-...
Ace Ltd.'s shares fell 20 percent — the most in 15 years — after Citigroup Inc. downgraded the firm on an analyst's expectations of reinsurance costs arising from equity-based retirement products.
Las...
Bermuda's major US-listed insurers expect to pay out a combined total of more than $3 billion in claims for hurricanes Gustav and Ike alone.
And combined with investment losses emanating from the ongo...
One of Bermuda's leading insurance bosses yesterday issued a stark warning about multiple threats to the Island's future as an international business jurisdiction amid the ongoing global financial cri...
International business leader David Ezekiel yesterday called upon Government to encourage job-creating businesses to Bermuda as the Island faced up to the impact of the global financial crisis.
Speaki...
Bermuda-based financial guarantor Syncora Holdings Ltd. last night admitted its management had "substantial doubt" about the company's ability to continue as a going concern after it announced a net l...
The fallout from the turmoil on the global markets will result in less competition for Bermuda reinsurers from the capital markets.
That is the view of XL Capital Ltd. chief executive officer Michael ...
XL Capital chief executive Michael McGavick says his company is competing well in the insurance market and is hopeful that its progress will eventually be reflected in the company's share price.
He al...
