New billion-dollar Bermuda start-up Ironshore Insurance has now incorporated a Class 3 reinsurance vehicle for its own internal use.
But speculation in major news media on both sides of the Atlantic t...
It has been an impressive start to the year for Bermuda's insurance and reinsurance market with a combined profit of $3.3 billion amassed by two dozen key companies.
In only three months those 24 comp...
Investigations into alleged bid-rigging and other "shrewd business tactics" have now cost Ace Ltd. $89 million in paybacks and fines across the US.
In the latest settlement Bermuda's biggest insurance...
A subsidiary of Bermuda-domiciled White Mountains Insurance Group has reached an agreement with US technology company Storm Exchange aimed at providing ready access to ways of predicting the impact of...
Market capitalisation of Bermuda-registered Nordic American Tanker Shipping has topped $1 billion for the first time reflecting the growth in the company's fleet of tankers from four in 2004 to 12 at ...
Market capitalisation of Bermuda-registered Nordic American Tanker Shipping has topped $1 billion for the first time reflecting the growth in the company's fleet of tankers from four in 2004 to 12 at ...
Sales figures in Bermuda have rebounded after February's downswing, and for on-Island retailers the news gets better as the latest figures reveal residents spent less of their dollars overseas and mor...
Faced with ever increasing ship sizes, such as the quarter-of-a-mile long Emma Maersk container ship and luxury cruise ships worth $1 billion, marine insurance underwriters more than ever need to keep...
American International Group made a $4.13 billion profit for the first quarter of 2007, a 29.3 percent increase that is almost a billion dollars more than the same quarter a year ago.
It now has conso...
Marine insurance players have a lot to ponder during their two-day risk forum in Bermuda this week. For a starter how to make a profit from the sector.
The hull insurance market, which deals with phys...