Giant UK-based global investment management company Invesco, which has more than $450 billion of assets under management, has decided to switch from London to Bermuda.
And as part of its "go west" mov...
Two collaterised debt obligations of Bermuda-based Security Capital Assurance, representing $792 million, have been downgraded from AAAs, one to BBB and the other to CCC by Fitch.
In a statement regar...
Staying away from the herd in the crowded insurance and reinsurance sector is continuing to pay rewards for 2005 start-up Flagstone Re, which has just made a $66 million profit for the third quarter.
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Former Argo Group International chief financial officer Robert Myron is to join Hanover Insurance Group.
Mr. Myron will join the insurance company as director of corporate finance and treasurer, overs...
Aspen Insurance Holdings Limited has entered into an accelerated share repurchase program with Goldman, Sachs & Co. to buy back $50 million of Aspen's ordinary shares, completing the $300 million shar...
Shares of Bermuda-based ACE Limited look good for investors, according to the latest report from Zack Investment Research.
It has included ACE amongst four companies currently identified by its Upgrad...
Bacardi has bought a rural piece of land in Scotland a few miles from the birthplace of legendary Liverpool Football Club manager Bill Shankly.
The Bermuda-headquartered global drinks company has snap...
Insurers and reinsurers are likely to take the full hit of subprime-associated directors and officers insured losses next year and in 2009.
According to global risk and reinsurance specialist Guy Carp...
Inflation has dropped below four percent for the first time since April this year.
The monthly rate fell to 3.6 percent during September, helped by cheaper foreign-travel costs for Bermuda residents.
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Subprime exposure has taken a $95.3 million bite out of Scottish Re's third quarter income, sending the insurer, which has offices on Par-La-Ville Road, spiralling to a hefty $107.1 million third quar...
