Ironshore may be in the process of being taken over by a Chinese firm — but its roots will remain firmly entrenched in Bermuda.
Maintaining what Ironshore chief executive officer Kevin Kelley calls “t...
Belco is achieving “abysmally low” returns — and utilities elsewhere in the world posting similar results are in danger of bankruptcy.
That is the view of Walter Higgins, chief executive officer of Be...
Belco is preparing to ask energy regulators for permission to raise its electricity prices.
The imminent rate filing to the Energy Commission to change basic tariffs comes after Belco’s parent company...
Exor has increased its offer for PartnerRe Ltd to about $6.8 billion, as it tries to derail the Bermuda reinsurer’s planned merger with Axis Capital Holdings Ltd.
Exor, the investment vehicle of Italy...
Enstar Group Ltd reported a sharp increase in first-quarter profits as it announced the departure of its chief financial officer.
The Bermuda insurer, which specialises in acquiring and managing busin...
Four out of five reinsurance executives believe soft market conditions are presenting a significant challenge to the industry, according to a worldwide industry survey.
Xuber’s Global Reinsurance Surv...
Bermuda-based municipal bond insurer Assured Guaranty posted net income of $201 million for the first quarter and topped Wall Street estimates.
The company’s board also authorised a new $400 million s...
Bermuda-based Validus Holdings Ltd is celebrating its tenth birthday this year in a markedly different reinsurance market from the one in which it was born.
To mark a decade of strong growth, the comp...
Bermuda-based White Mountains Insurance Group took a hit from exchange rates in the first quarter as the strong US dollar impacted its overseas earnings.
The group, which includes the OneBeacon insura...
PartnerRe Ltd’s board of directors has rejected the buyout bid from Italian investment company Exor and offered a sweetened deal for shareholders to complete its proposed merger with Bermuda rival Axi...
