A group of Ascendant Group Ltd shareholders intends to raise concerns about the direction in which the company is headed at Friday’s annual general meeting.
The five are all former managers at Belco, ...
Partnerships will gain more of the same rights as businesses under amendments to the law that Government hopes will boost the Island’s asset management sector.
Economic Development Minister Grant Gibb...
The annual rate of inflation hit its lowest point in more than five years in March, as prices rose 1.2 per cent from a year earlier.
Government statistics released today showed how the slump in global...
Validus Reinsurance Ltd has won a second court battle with US tax authorities that could have wider significance for fellow Bermuda reinsurers.
The US Court of Appeals, District of Columbia Circuit, h...
Bermudian Stephen Young is to take over as Endurance Specialty Holdings Ltd’s chief executive officer of global reinsurance from the start of next year.
Mr Young, who is the chief underwriting officer...
Axis Capital Holdings Ltd will remain a strong company — regardless of whether its planned merger with PartnerRe goes through — the firm’s chief executive officer told employees yesterday.
In a memo t...
Belco could be burning natural gas instead of heavy oil fuel within four years, if energy regulators back the utility’s plans to change its principal electricity-generating fuel.
That’s the view of Wa...
Bermuda insurer and reinsurer Axis Capital Holdings Ltd is not considering improving on its offer for Bermuda-based reinsurer PartnerRe Ltd after rival bidder Exor’s raised $6.8 billion bid, according...
A new report finds that President Barack Obama’s proposal to increase taxes on non-US reinsurance companies would backfire on the US economy.
The report, entitled, “Do We Want Special Interest Trade P...
Bermuda-based oil shippers are seeing their income rocket as oil tanker rates surge.
Increased production in Saudi Arabia and Iraq, as well as relatively low oil prices encouraging major buyers like C...
