The Bermuda Supreme Court has appointed a liquidation committee for the IPOC Fund and affiliated companies, with a view to dividing up their remaining assets by November this year.
The controversial B...
Bermuda is not first choice as a new domicile for UK-based Brit Insurance, whose chief executive officer says the island's political stability is a concern.
Speaking at a press conference in London, y...
Bermuda can boast having 16 of the world's 35 top reinsurers, according to a survey published by rating agency AM Best.
In a table of companies ranked according to gross premiums written in 2007, Ever...
Bermuda-based reinsurer RenaissanceRe Holdings Ltd. has helped to create a new exhibition at Walt Disney World which will enable visitors to experience the power of a hurricane.
"StormStruck: A Tale o...
XL Capital Ltd. is expected to continue producing solid operating results following the resolution of its problems related to troubled bond insurer Syncora Holdings (formerly known as Security Capital...
Flagstone Reinsurance Holdings Ltd.'s ratings from AM Best will remain unchanged following the corporate re-organisation that will see the company's Bermuda underwriting unit merge into its Swiss oper...
When Bermuda-based insurance giant XL Capital Ltd. announced just before Cup Match that it was going to axe 47 local jobs, it sent shock waves through the community.
The Island has got used to its int...
Any notions that Bermuda could be somehow immune from the global economic downturn have been well and truly dispelled in recent months.
With inflation having reached an 18-year high this spring, elect...
Three Bermuda-connected insurance companies are named on the "dirty list" of insurers claimed to have written business in Burma in a report published by a human rights group.
The Burma Campaign UK had...
Lloyd's of London insurer Brit Insurance is looking for a more tax-friendly domicile - and Bermuda may be on its list of potential new homes.
The company has appointed accountancy firm Ernst & Young t...
