Aspen Insurance Holdings Ltd has adopted a so-called poison pill to discourage attempts from fellow Bermuda re/insurer Endurance to stage a hostile takeover of the company.
The plan, which will be in ...
Global reinsurance capital grew by seven percent last year to reach $540 billion by the end of 2013, according to global reinsurance broker Aon Benfield.
The figure, quoted in the Aon Benfield Aggrega...
US investment advisory company FRMO Corporation has bought a 37.5 percent stake in the Bermuda Stock Exchange.
The Elmsford, New York-based company becomes the biggest shareholder in the BSX and its c...
Retail sales rose for the fourth month in five in February, raising hopes of better times ahead for Bermuda stores.
Total retail sales in February 2014 climbed 1.4 percent, according to the Department...
Lancashire Holdings Ltd’s founder and chief executive officer Richard Brindle is to retire from the company at the end of this month.
The Class of 2005 Bermuda start-up re/insurer announced today that...
Endurance Specialty Holdings has made a hostile bid to acquire Aspen Insurance Holdings for $3.2 billion after its initial approaches for talks with fellow Bermuda-based re/insurer were rejected.
Endu...
Bermuda Aviation Services has sold its subsidiary Aircraft Services Bermuda Ltd to Cedar Aviation.
BAS chairman Michael Darling said it was “a somewhat sad occasion” as the company was divesting the b...
Endurance Specialty Holdings is making a hostile bid to acquire Aspen Insurance Holdings for $3.2 billion after its initial approaches for talks with fellow Bermuda-based re/insurer were rejected.
End...
An internet security flaw has exposed millions of passwords, credit card numbers and other sensitive information to potential theft by computer hackers.
The bug, known as Heartbleed, which has opened ...
Bermuda companies have been at the centre of changes in the aviation insurance business at the Lloyd’s of London market this week.
Yesterday, Catlin Group announced the formation of the General Aviati...
