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...
The UK Foreign Affairs Committee has recommended that Bermuda keep working to improve its anti-money laundering regime in a report on the British Overseas Territories, published yesterday.
Financial r...
Argus Group Holdings Ltd. yesterday announced its full-year earnings plummeted 58 percent to $15.5 million.
The insurance, pensions and investment company attributed the plunge in profits for the year...
Bermuda has the support of one of the most influential politicians in Washington in its attempt to get US funding for the clean-up of pollution at Morgan's Point.
Congressman Charles Rangel, the New Y...
Bermuda-based Igility Group has won the IBM agency licence in the Cayman Islands.
It has partnered with a Caymanian entity to form CDS Agencies Ltd. and is responsible for managing all aspects of the ...
Government is set to "redefine its relationship" with companies that redomicile to the Island from the US to slash their US tax bill, Premier Ewart Brown said.
Companies including industrial giants In...
Relations between Bermuda and the US are on a solid footing, said Premier Ewart Brown and US Consul General Gregory Slayton in a joint interview this week.
In a wide-ranging conversation at Camden, th...
Reinsurance companies may have a harder time recapitalising than they have done in the past, if the industry has to pay out heavily for a major catastrophe this year.
That was one of the conclusions o...