Ace Ltd. is now a Swiss company, the insurance giant confirmed on Friday.
Shareholders approved the company's plans to redomesticate its holding company from the Cayman Islands to Switzerland in Ace L...
Finance Minister Paula Cox has cut her 2008 growth forecast for the Bermuda economy against a backdrop of rising inflation, falling visitor spending and a global economic slowdown.
The Finance Ministr...
Fuel and power costs rose 27.5 percent in the year up to May 2008, but the overall rate of inflation has now dipped below five percent.
Figures released yesterday by the Department of Statistics and s...
Ace Ltd. shareholders have backed the initial part of the insurance giant's plan to redomicile its holding company from the Cayman Islands to Switzerland.
A filing with US financial regulator the Secu...
Ace Ltd. last night lost its place on the S&P 500 index after shareholders voted on its redomestication to Switzerland.
The news that MasterCard would replace the insurance giant in the closely watche...
Cindy Campbell has shifted her focus from Argus clients' physical health to their financial health, with her appointment as chief operating officer of investment company Argus Financial Ltd. (AFL)
And...
The head of a company once responsible for managing millions of dollars of Bermuda Government pension funds has been sentenced to 12 years in jail for fraud.
Mark Lay, of the now-defunct MDL Capital M...
Ace Ltd. shareholders meet today in Hamilton to vote on the insurance giant's proposal to move its holding company from the Cayman Islands to Switzerland.
The company announced its intended redomestic...
XL Capital could reasonably be expected to make a full recovery from its problems related to its beleaguered bond insurer affiliate Security Capital Assurance (SCA), according a financial analyst who ...
Many Island insurance bosses feel uncomfortable about the political situation in Bermuda, one senior executive told Global Reinsurance magazine.
The executive, who asked not to be named, added that th...