The Bermuda Monetary Authority plans to get more involved with Government in ensuring the Island’s financial stability — but it will steer well clear of politics.
That was the firm message from chief ...
Bermuda-based Hiscox has no plans to join the merger spree occurring in the reinsurance market.
The London-listed insurer and reinsurer, which yesterday reported a £231.1 million ($355 million) pre-ta...
Bermuda and other international financial centres are “routinely attacked and demonised” in Europe, according to Bermuda’s top financial regulator.
Jeremy Cox, chief executive officer of the Bermuda M...
Around half of the 37 Bermuda-based employees of Platinum Specialty Underwriters Holdings Ltd have accepted redundancy packages after the reinsurer was bought out by RenaissanceRe Holdings Ltd, The Ro...
Butterfield Bank today reported net income of $98.3 million for 2014, up by more than 25 per cent from the previous year.
The results represented a fourth consecutive year of earnings growth for Butte...
LF Wade International Airport is the place to hang out if you want to find out who’s buying whom in the reinsurance industry, according to XL Group chief executive officer Mike McGavick.
His comments ...
Bermuda is exploring ideas on how to broaden its tax base — and is working with an organisation which has helped several Caribbean islands to introduce value-added tax (VAT).
Finance Minister Bob Rich...
The Bermuda Government will have to borrow another $125 million in the next fiscal year, adding to its $2 billion-plus of outstanding debts.
Of the $800 million that the Government borrowed less than...
Bermuda is likely to emerge from recession this year, according to projections by the Ministry of Finance.
Analysts from the Ministry estimate that the economy will grow by up to 1.5 per cent next yea...
Freisenbruch-Meyer Group (FMG) has come up with a new insurance policy specifically to cover the risks of the growing vacation rentals sector.
The rise to prominence of websites such as Airbnb.com has...
