Bermuda Press Holdings Ltd. reported a 17-percent rise in full-year profits in 2007, on the back of a $1.6 million rise in revenue.
The parent company of The Royal Gazette announced on Friday that net...
Billionaire investor Wilbur Ross has agreed to make up to a $1 billion investment in Bermuda-based bond insurer Assured Guaranty Ltd.
The bond insurer said this morning that WL Ross & Co. will purchas...
Amlin Bermuda's contribution helped UK-based parent company Amlin post full-year profits of $881.3 million for 2007.
The Island-based reinsurance arm of the Lloyd's of London insurer wrote $465.8 mill...
Finance Minister Paula Cox does not believe that Bermuda is likely to suffer anything similar to the ever-widening international tax evasion probe being focused on Liechtenstein.
Both German and Briti...
The number of people signed up to registered pension plans in Bermuda almost doubled in 2006, according to the Pension Commission's annual report, tabled in the House of Assembly last Friday.
As of th...
Plans for a change in US tax rules that could have driven more captive insurance companies to Bermuda have been scrapped.
US tax authority the Internal Revenue Service (IRS) had proposed to prohibit c...
Axis Capital Holdings' chief executive officer John Charman has been rewarded for his company's record profits last year with an extension to his tenure in the top job.
A new employment agreement anno...
Bermuda-based Flagstone Reinsurance Holdings Ltd. announced last night that full-year profits for 2007 rose by 10 percent to $167.9 million.
But profits for the fourth quarter of last year fell to $$5...
Finance Minister Paula Cox told business people yesterday that she had striven to limit Government spending in the face of hefty financial requests from her Cabinet colleagues.
And she added that the ...
Ron Sandler will continue as chairman of Bermuda-based insurer Ironshore despite having been appointed by the British government to run the ailing Northern Rock Bank.
UK Prime Minister Gordon Brown se...
