Bermuda biggest company Ace Ltd. last night reported a 43-percent surge in first-quarter earnings to $701 million.
The insurer and reinsurer enjoyed improvements across the board as net investment inc...
Everest Re Group Ltd. massively outperformed analysts' expectations as it reported first-quarter net income of $297.6 million — up almost 77 percent on the same period a year earlier.
Operating income...
PartnerRe last night reported a 12 percent fall in first-quarter net income compared to 2006 after it sustained losses of $44 million from a winter storm in Europe.
The storm, named Kyrill, brought hu...
Critics around the world should stop pointing the finger at offshore financial centres and get their own houses in order, according to the president of the Association of Bermuda Compliance Officers (...
Property developer and manager West Hamilton Ltd. has estimated that its planned construction of four new multi-purpose structures around the existing Belvedere Building just outside Hamilton will cos...
Most M3 Wireless customers were unaffected by the outage which disrupted internet service for BlackBerry users across North America earlier this week, the company said.
In a statement relased on Wedne...
The Bermuda reinsurance industry is in better financial shape than it has been for several years and 2007 should be a solid year.
That is the expert opinion of ratings agency A.M. Best, which yesterda...
In the year that Dr. James King became a director of the Bank of N.T. Butterfield & Son Ltd., Jimmy Carter was the US President, the film “Grease” was released and Canadian pop star Nelly Furtado was ...
The combination of generous pay awards and Bermuda’s overheating economy are putting pressure on local businesses trying to attract and retain staff, says Watlington Waterworks chief executive officer...
Bermuda-based Catlin Group Ltd. is dipping its toes into the Chinese insurance market as part of the Lloyd’s of London’s new reinsurance operation which opened in Shanghai on Monday.
Industry experts ...
