Bermuda-based Max Capital Group Ltd. expects its returns on alternative investments to be negative 2.11 percent, the company stated on Friday.
Alternative investments, make up around 20 percent of the...
Bermuda insurer Ironshore's A- (excellent) financial strength rating has been affirmed by ratings agency AM Best.
The company's issuer credit rating was also affirmed at a-. The ratings apply to both ...
Butterfield Bank's investments in in US residential mortgage-linked securities total $479 million — but the Bank is weathering the sub-prime crisis well, chief executive officer Alan Thompson told sha...
When shareholders see their holdings fall rapidly and substantially in value, they will sometimes get together to sue company management.
And with so many companies losing huge chunks of their market ...
Bermuda is "ahead of the game" in its efforts to ensure that it keeps up with international insurance regulation standards.
That is the view of Bradley Kading, president and executive director of the ...
Jewellery giant the Signet Group is tentatively planning to redomicile to Bermuda.
The London-based company stated in its year-end results release yesterday that discussions between directors and majo...
Billionaire investor Wilbur Ross has been appointed to the board of Bermuda-based bond insurer Assured Guaranty Ltd. after his company bought $250 million of Assured shares.
Mr. Ross had announced in ...
Dublin is keenly eyeing any opportunities that might arise from the political risk which some insurance company bosses are concerned about in Bermuda.
That was the message from the European Insurance ...
Fuel and power costs increased by a whopping 32 percent over the 12 months from February 2007 — but the rate of inflation fell to its lowest rate since last April.
The Consumer Price Index (CPI), rele...
Annuity and Life Re (Holdings) Ltd. on Friday reported a $16.9 million loss for the fourth quarter of 2007.
And the Bermuda-based company announced it will give back capital to shareholders starting w...
