Bermuda-based bond insurer Assured Guaranty is well placed to take advantage of the difficulties of its bigger rivals, a JPMorgan analyst said on Friday.
In a note to clients, Andrew Wessel said Assur...
Bermuda-based Ironshore Insurance achieved most of what it hoped for in a successful first year in business, but one of its primary aims remains outstanding — to establish a foothold in the London mar...
The Island's biggest insurance brokerage firm Marsh will send representatives into the Island's public and private schools over the next two months to spread the word that there are huge opportunities...
Global healthcare products giant Covidien yesterday officially opened its new Front Street offices and marked the occasion by giving a $20,000 cheque to a Bermuda charity.
The Bermuda-domiciled compan...
Bermuda's variable-rate mortgage holders got a boost yesterday when three of the Island's biggest lenders announced a a cut in their borrowing rates.
Butterfield Bank was the first to announce a 0.25-...
Bermuda-based White Mountains Insurance Group is building up its interests in online insurance.
The company, which owns Esurance, announced yesterday that it had paid $30 million for a 42 percent stak...
Shares in Bermuda-based Security Capital Assurance Ltd. shot up 30 percent yesterday on hopes that regulators will provide support to the struggling bond insurance industry by attracting new capital.
...
Former Bermuda Police Service Superintendent Sinclair White was yesterday named as the chairman of the Financial Intelligence Agency (FIA), the latest addition to the Island's armoury in the war on mo...
Kenya's Philip Koech smashed the International Race Weekend Half-Marathon record yesterday to complete a double triumph following his 10K win on Saturday.
Koech broke the tape in one hour, four minute...
The shares of Bermuda insurer and reinsurer XL Capital Ltd. plunged to their lowest level in almost eight years on Friday, after shedding 22 percent of their value in the space of two days.
But having...
