Net new issuance of insurance-linked securities totalled $2 billion in the first three months of this year — the most for any first quarter in history.
The figures from the ILS market update from Will...
HSBC Bank Bermuda Ltd said today its net profit rose to $87 million last year, boosted by sharp falls in loan impairment charges and operating expenses.
The bank, which sold off much of its Cayman ope...
Enstar Group Ltd’s full-year earnings climbed to $220.3 million last year as it continued to acquire businesses in run-off.
The company, whose headquarters are in Queen Street, Hamilton, reported that...
Bermudian insurer Hiscox Ltd wrote more business last year but profits fell 6.5 per cent mainly due to dwindling investment returns.
Hiscox said full-year profit fell to £216.1 million from £231.1 mil...
The boom in the catastrophe bond market is leading some experts to voice fears that investors do not fully understand the risks they are taking on — and so they could flee in a panic in the event of a...
Energy and optimism are high after Ace Ltd’s $29.5 billion takeover of US insurance giant Chubb Ltd.
That is the view of chairman and chief executive officer Evan Greenberg, who last night said the co...
XL Catlin is aiming to tap into the booming Indian economy.
The global insurer and reinsurer has started the licensing process to establish a reinsurance branch in India.
The application has been file...
Company directors would be better positioned to make decisions in a fast-changing world if they consult with an “under-25 mentor”.
That is the view of Charlotte Valeur, a corporate governance adviser,...
Bermuda-based insurance services company Randall & Quilter Investment Holdings (R&Q) has rounded off 2015 with a flurry of deals.
On Christmas Eve, the firm announced the novation of liabilities for p...
Bermuda-based bond insurer Assured Guaranty has struck a deal with Puerto Rico’s indebted electric company and its bondholders that will enable the utility to restructure about $8.2 billion of debt.
T...
