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...
The Fairmont Southampton resort enjoyed its second successive record year in 2007 — and its marketing team has won an global award from the global hotel group to mark the achievement.
Revenue for the ...
Bermuda-based commercial insurer XL Capital Ltd. saw its share price sink to its lowest level in more than 13 years after the outlook on its claims-paying ability was lowered to "negative" by Fitch Ra...
US Consul General Gregory Slayton, who has spearheaded a dramatic improvement in Bermuda-US relations over the past three years, faces an uncertain future.
Mr. Slayton, who organised last week's White...
Like many executives of Bermuda's global reinsurers, Flagstone Re chairman Mark Byrne's job often involves flying to far-flung corners of the globe in a private jet.
Unlike most executives, however, M...
Sitting in the reception area of Congressman Paul Kanjorski's office, I listened hard trying in vain to catch a few words of what was being said behind closed doors.
The audience with the Pennsylvania...
The sub-prime mortgage crisis still has about half its course to run, according to an executive director of investment bank Morgan Stanley.
Speaking at the Bermuda Captive Conference yesterday, Christ...
A Hamilton store is claiming to be the first in Bermuda to be offering rental movies on the Blu-ray Disc format.
Wilmont Simmons, co-owner of Double W Home Entertainment on Parliament Street, said the...
Bermuda will be in a "socially dangerous space" if Bermudians believe they are not getting a fair careers opportunities in the high-paying insurance industry, Premier Ewart Brown told delegates at the...
Around one in five US residents lives within 10 miles of a coastline vulnerable to hurricanes and the coastal population — together with the risk for property catastrophe insurers and reinsurers — con...
