It was lucky 13 for the Bermuda Stock Exchange (BSX) in 2014.
The Royal Gazette/BSX Index closed 12.99 per cent up on 2013, ending the year at 1,357.12 points, driven by an increase of about one third...
A $75 million special purpose reinsurer has been launched to back a major UK-based firm.
Bermuda-based Versutus will reinsure a share of global British company Brit Insurance’s property catastrophe ex...
More than 51,400 shares valued at $118,302 changed hands on The Royal Gazette/BSX Index today.
A total of 41,401 Bank of Butterfield shares moved, leaving the share price one cent (0.5 per cent) up at...
A major shake-up of the global reinsurance industry will get underway this year, industry experts have predicted.
Falling rates, improved terms and conditions, oversupply of capital continuing to outs...
A series of think tanks aimed at cutting the cost of power is to be held in the New Year, Ascendant has revealed.
In a letter, Walter Higgins, CEO of the parent company of electricity firm Belco, said...
A massive $8.8 billion in catastrophe bonds and insurance linked securities (ILS) made last year the market’s busiest on record.
And — at the end of the year — the outstanding sum in the sector was mo...
Prices for some reinsurance policies have plummeted to their lowest for nearly 25 years, according to a global brokers.
Areas like UK property catastrophe reinsurance are priced around the same as the...
The world’s largest reinsurer, Munich Re, has added another Bermuda sidecar to its roster after $75 million of participating notes from a special purpose insurer called Eden Re I was listed.
The move ...
Christmas brought some cheer to the struggling retail sector, store chiefs said yesterday.
But festive season sales may have come at the cost of deep discounts to get customers through the doors.
Brow...
Former Premier Dame Jennifer Smith is going back to school — on a course for high-flyers at one of America’s top universities.
Dame Jennifer has been accepted on the prestigious year-long Advanced Lea...