Axis Capital Holdings Ltd and PartnerRe Ltd have agreed to merge, the companies announced last night.
The deal — between two of the five biggest companies in the Bermuda insurance and reinsurance mark...
Insurance-linked securities could be heading for a second successive year of record issuance, says a unit of global insurance and reinsurance broker Willis Holdings Ltd.
Willis Capital Markets & Advis...
Plunging fuel costs limited the rise in the cost of living in November, according to Government statistics released today.
The Consumer Price Index measured the annual rate of inflation at 2.3 per cen...
Bermuda-based re/insurer Hiscox Ltd has agreed to buy two UK-based businesses from Randall & Quilter Investment Holdings Ltd to beef up its specialty insurance offerings for wealthy clients.
Randall &...
Jobs cuts and the merging of offices around the world are likely consequences of XL Group’s pending acquisition of Catlin — but it is too early to say exactly how that will affect the Bermuda operatio...
Ratings agency AM Best says global reinsurers face significant market challenges and has maintained a negative outlook for the industry.
Bermuda is one of the world’s largest reinsurance hubs and comp...
Shareholders of Bermuda-domiciled CatCo Reinsurance Opportunities Fund Ltd have benefited from a handsome return thanks to a lack of reinsurance claims.
The fund announced yesterday that it will pay a...
Bermuda goes into 2015 with better economic growth prospects than at any time since the global financial crisis struck six years ago.
After a grim period marked by job losses, wage cuts and freezes, b...
Bermuda dollar loans lent out by banks have hit a seven-year low, according to figures from the Island’s financial regulator.
The Bermuda Monetary Authority’s latest Regulatory Update, released last w...
Bermuda-based bond insurer Assured Guaranty Ltd has agreed to pay $810 million to buy the financial guaranty business of Philadelphia-based Radian Group.
Assured’s chief executive officer Dominic Fred...
