A state-backed Florida property insurance firm is set to place a new $500 million catastrophe bond in Bermuda.
Citizens Property Insurance Corporation’s chief financial officer last week sent a team, ...
The mega-merger between Axis and PartnerRe is set to go ahead without an outside bidder disrupting the deal, an industry chief said yesterday.
Validus CEO Ed Noonan — who successfully launched a hosti...
RenaissanceRe Holdings Ltd’s net income dipped 36 per cent in the fourth quarter as the company grappled with pressure on pricing from abundant capital in the industry — but operating earnings surpass...
A string of companies with Bermuda bases, together with the Association of Bermuda Insurers and Reinsurers (ABIR), have attacked president Barack Obama’s budget proposal to deny tax deductions for rei...
A bid to use the America’s Cup to turn Bermuda into a long-term mecca for sailors has been launched by two Island businessmen.
They have a plan to boost sailing in Island’s waters, especially in the w...
A $250 million payoff is on the table if the proposed $11 billion merger between Axis and PartnerRe fails to go ahead.
Each firm will be liable to pay a break fee to the other if the deal — which woul...
A Bermuda legal firm has been named in documents that contain allegations Russian oil tycoons are funding anti-fracking campaigns in the US.
Wakefield Quin, based in Hamilton’s Victoria Street, is the...
The mega-merger between reinsurance firms Axis and PartnerRe has been given the thumbs up by a ratings agency.
Moody’s gave the deal a positive rating — and placed Axis’ rating on review for an upgrad...
A new health and fitness programme has been launched by Bermuda insurance company Argus.
It has teamed up with Johns Hopkins Medicine International in a bid to cut the cost of healthcare by tackling p...
Bermuda-based insurance and reinsurance firm Validus has reported profits of $481.3 million for last year — down from $532.7 million the year before.
Validus chairman and CEO Ed Noonan said: “During 2...