The rise of nanotechnology will challenge the insurance industry to deal with a wide range of new risks that will impinge on almost all lines of business, conference delegates heard yesterday.
Speakin...
Lloyd's of London insurer Hardy Underwriting has made an underwriting profit for every one of its more than 30 years in business.
And chief executive officer Barbara Merry believes its move of domicil...
Bermuda-based Ram Holdings Ltd. last night reported a first-quarter net loss of $189.5 million, largely because of a fall in the value of the credit derivatives it reinsures.
Broken down, the financia...
Work permit time limits have not led to the exodus of foreign workers from Bermuda that some had predicted, employment services expert Doug Soares told a conference in the Cayman Islands last week.
Bu...
A New York hedge fund manager intends to create a $145 million "ultra-luxury resort" on the site of the old Lantana cottage colony.
Lawrence Doyle said he had bought out the previous owners of the 9.6...
Bermuda-based political risk specialist Sovereign Risk Insurance Ltd. plans to set up its first overseas office in Dubai.
Sovereign, which is owned by Ace Bermuda Insurance Ltd., a wholly owned subsid...
Property losses resulting from the earthquake that shook China this week could total between $10 billion and $20 billion, according to the early analysis of two of the world's leading catastrophe mode...
Bermuda residents spent 54 percent more on overseas purchases in March than they did in the same month a year earlier, according to figures released by Government yesterday.
Purchases declared by retu...
The man who was widely thought to be the true owner of the Bermuda-based IPOC Fund has been fired as Russian Telecommunications Minister.
Leonid Reiman was named by a Swiss arbitration panel in 2006 a...
The redomestication of Ace Ltd.'s holding company to Switzerland will change nothing as regards the company's operations in Bermuda, the company's chief executive officer Evan Greenberg said yesterday...
