The Gibbons family has bought back control of Clarien Bank Ltd, just 15 months after it sold a controlling interest in the institution.
The news was announced in an earnings announcement published yes...
Profits fell slightly last year for the member companies of the Association of Bermuda Insurers and Reinsurers (ABIR), the industry body announced.
The 19 of ABIR’s 21 members who agreed to be survey...
Ace Ltd and BlackRock yesterday said they have launched their new Bermuda-based joint reinsurance venture ABR Reinsurance Ltd.
The two firms announced late yesterday that they had raised about $800 mi...
Allied World Assurance Company Holdings has completed the acquisition of the Hong Kong and Singapore operations of Royal & Sun Alliance Insurance plc (RSA).
The Swiss-based insurer, which was one of ...
Energy sector mutual insurer Oil Insurance Ltd racked up profits of $731 million in 2014, as it had its best underwriting year.
The Bermuda-based company said its directors had also agreed to pay out ...
Endurance Specialty Holdings Ltd has agreed to acquire fellow Bermuda-based reinsurer Montpelier Re Holdings Ltd in a $1.83 billion deal.
The new combined company will be run by Endurance’s senior man...
Nahki Wells admitted that he was far from his best — even after the Bermuda captain scored twice on a rare opportunity to play in front of a home crowd.
The Huddersfield Town forward, whose late goals...
A global money manager has struck a deal with a small Bermuda firm to distribute its investment products on the Island.
BNY Mellon Investment Management EMEA Ltd, which describes itself as the world’s...
The America’s Cup will generate significant extra business for its official healthcare provider BF&M — and the insurer’s boss says the Island needs to grasp this unique opportunity to ensure the whole...
XL Group plc is selling $1 billion of debt to help to fund its acquisition of Bermuda-based insurer Catlin Group Ltd.
The company yesterday priced two separate offerings of subordinated notes, both of...