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...
Bermuda-based Flagstone Reinsurance Holdings Ltd. announced yesterday that it will merge its Bermuda and Swiss operating units into one entity known as Flagstone Reassurance Suisse SA.
As a result, fr...
Bermuda is being ruled out as a potential base by many firms forming new captive insurance companies because of high costs associated with the Island.
That is the view of industry consultant Andrew Ba...
Bermuda-based bond reinsurer Ram Holdings Ltd.'s share price shot up 16 percent on Friday after it reported second-quarter profits of $126.3 million.
Net income broke down to $4.63 per share, compared...
Internet travel services provider YTB International, Inc. — which has recruited around 700 members to its multi-level marketing network in Bermuda — reported a second-quarter net loss of nearly $200,0...
Credit rating agency Fitch yesterday gave the thumbs-up to Bermuda's creditworthiness — much to the delight of Finance Minister Paula Cox.
Fitch affirmed Bermuda's issuer default rating at AA+ and its...
Bermuda's creditworthiness has been given a vote of confidence by credit ratings firm Fitch.
The firm yesterday announced it had affirmed the Island's long-term issuer default rating (IDR) at AA+ and ...
Most insurance company bosses believe a focus on enterprise risk management (ERM) can enhance their businesses — but they are struggling to effectively implement it company-wide.
That was one of the f...
