fell 11.5 percent to $16.5 million, due to lower underwriting profits for the three months and higher realised investment gains for the comparative period last year.
Net realised investment gains afte...
The Bermuda Stock Exchange is enjoying a higher profile, with a recent advertising campaign by the Bermuda International Business Association (BIBA) published in the Financial Times.
The FT Managed Fu...
of its highest levels of profitability, a near 400 percent (397 percent) improvement for the first quarter to June 30, when compared with the same period a year ago.
First quarter net income was $2,01...
reduced gross premiums written by Starr Excess Liability Insurance Co., Ltd.
by 35 percent in the first six months of the current fiscal year.
The gross written premiums for the first two quarters to ...
Negotiations have reached an advanced stage for an out-of-court settlement between Bermuda-registered EMLICO (Electric Mutual Liability Insurance Co.) and major US reinsurer, General Re.
A spokesman f...
Corp., a B.V.I. corporation which announced that its majority shareholder has filed regulatory forms declaring a sale of the shares.
Presidio said this week that Farallon Capital management L.L.C., an...
International Business Association (BIBA), Wendy Davis Johnson into the fold in the newly-created post of director of corporate communications. Ms Davis Johnson leaves BIBA for ACE in September, where...
guarantors have faced a year of declines in premium rating that has affected the market.
And even though they are increasing the number of ships under their umbrella, one company conceded this week th...
The chances of corruption in Bermuda are slim to none, Premier Pamela Gordon has told this month's edition of Shore to Shore, the new magazine of The Offshore Institute, which is based in the Isle of ...
history have been told that estimated liabilities could now reach a staggering $1.4 billion.
In the most notorious of Bermuda's insurance failures, Bermuda Fire & Marine Insurance Co. Ltd. (BFMIC) is ...