Finance Minister Paula Cox said last night that Ace Ltd. chief executive officer Evan Greenberg’s call for beefed-up regulation of the insurance industry suggested he was “not current” with improvemen...
Fears for the future of Bermuda-based life reinsurer Scottish Re abated yesterday, after shareholders approved a $600-million take-over of the company by two investment institutions.
At an extraordina...
US lawmakers were yesterday warned that failure to extend the federal terrorism insurance backstop could be “economically devastating”.
Two leading insurance brokers and agents told the US Senate Comm...
The Bermuda-based IPOC International Growth Fund ? which is facing a winding up order from Finance Minister Paula Cox ? has been dealt another legal blow in a case in Switzerland.
The Swiss Supreme Co...
A US Senator who is suing an insurance company over a claim made after he lost his home during Hurricane Katrina is behind proposed legislation that would eradicate the insurance industry?s limited an...
The Bermuda-based IPOC International Growth Fund — which is facing a winding up order from Finance Minister Paula Cox — has been dealt another legal blow in a case in Switzerland.
The Swiss Federal Tr...
Bermuda insurer BF&M Ltd. is branching out farther into the Caribbean.
Yesterday, the company’s chief executive officer John Wight said BF&M Life Insurance Company had struck a deal with LIV Insurance...
Bermuda investment company LOM Asset Management Ltd. yesterday predicted economic growth will slow in the US this year, while China’s economy will continue to expand at a rapid rate.
The company’s Inv...
Bermuda investment company LOM Asset Management Ltd. yesterday predicted economic growth will slow in the US this year, while China?s economy will continue to expand at a rapid rate.
The company?s Inv...
Bermuda is a ?sophisticated, well-run financial centre? and is good for the global financial system, according to world-renowned financial publication The Economist.
The Island features in a positive ...