The $50 million-capitalised start-up Valient Insurance Company, owned by Ariel, has been given a financial strength rating of "A-" and an issuer credit rating of "a-" from AM Best.
The agency said the...
International business in Bermuda and elsewhere is keeping an interested eye on the Island's political temperature and the possible outcomes of the December 18 general election.
A commentary in the UK...
Endurance Specialty Holdings has concluded its acquisition of the USA's fifth largest underwriter of federally sponsored crop insurance ARMtech.
During this year Texas-based ARMtech has secured an est...
International business in Bermuda and elsewhere is keeping an interested eye on the Island's political temperature and the possible outcomes of the December 18 general election.
A commentary in the UK...
A big jump in the daily charter rats for tankers has been reported by the head of Bermuda-registered Nordic Atlantic Tankers.
The spot tanker price was just $17,000 a day in October but is now $68,000...
Aspen Insurance has been given a strong endorsement for this year and 2008 by the AM Best rating agency.
It is likely to see retained earnings of above $150 million for both this year and next, accord...
Bermuda-domiciled Tyco International has declared a regular quarterly cash dividend of 15 cents per common share. The dividend is payable on February 1 to shareholders of record as of January 3.
Tyco ...
Construction bosses responsible for ongoing projects worth hundreds of millions of dollars are anxiously seeking word from Government that the cement plant at Dockyard will remain operational beyond t...
Invesco's arrival in Bermuda this week might add a few thousands of dollars to the economy, but it will do little else so long as the giant investment company remains a "virtual" entity simply domicil...
A $40 million project to redevelop and expand The Reefs hotel has placed Greymane Contracting squarely in the big league of the Island's construction sector.
It is the biggest single job yet undertake...
