Bermuda-based insurer and reinsurer Hiscox saw half-year pre-tax profits rise by 8.4 per cent, fuelled by strong growth in its retail insurance business.
Hiscox reported earnings of £135.1 million ($2...
PartnerRe last night reported a net loss of $103.1 million as a fall in the value of its investments took its toll.
The Bermuda reinsurer said operating earnings were $112.5 million, or $2.35 per shar...
A Bermuda insurance industry body has written to the US Treasury urging it not to penalise long-established reinsurers as part of its efforts to clamp down on what the US sees as hedge funds masquerad...
The ‘merger mania’ that has swept through the Bermuda insurance market is unlikely to let up any time soon, according to a special report by AM Best.
The New Jersey-based credit rating agency argues t...
Bermuda CableVision is to merge with Logic Communications Ltd.
The news was announced today by telecommunications group KeyTech Ltd, Logic’s parent company, after it secured ownership of 100 per cent ...
Bermuda’s insurance marketplace attracted 45 new companies during the first half of this year — some of them major players.
Financial regulator the Bermuda Monetary Authority said this was on a par wi...
Bermuda must wait a few more weeks to find out whether its insurance regulation will be deemed equivalent to the new standards being introduced in the European Union.
Legislative changes passed by the...
A London-based private-equity group is reportedly in talks to buy a unit of law firm Appleby.Sky News in the UK reported that Bridgepoint is seeking to take over Appleby’s Fiduciary and Administration...
Don’t expect interest rates to bounce back sharply any time soon.
That’s the advice from HSBC’s global head of fixed-income research Steven Major, who expects predicts that the US Federal Reserve will...
A Bermuda company has a $2 billion plan to lead the Island to energy independence within ten years.
The ambitious project, which aims to give the Island an electricity supply fuelled entirely by renew...
