Merger and acquisition (M&A) activity soared in the first quarter, with the total value of deals done reaching $10.6 billion in Bermuda.
That represented an increase of $3.6 billion, or 51 percent fro...
Bermuda beat out competition from Switzerland to become the domicile of the first-ever African catastrophe insurance pool, Economic Development Minister Grant Gibbons told MPs.
And it is anticipated t...
Bermuda beat out competition from Switzerland to become the domicile of the first-ever African catastrophe insurance pool, Economic Development Minister Grant Gibbons told MPs today.
As reported yeste...
UK re/insurer Brit plc says its new Bermuda office had a successful start to 2014.
The office, which has set up specialise in underwriting excess workers’ compensation reinsurance and catastrophe risk...
The XL Re Broker Golf Outing serves as a reminder of the role that golf can play in nurturing long-standing business relationships.
The event celebrated its 20th anniversary last week. Some 60 busines...
A catastrophe insurance pool to insure a group of African countries against drought has been set up in Bermuda.
Willis Group Holdings plc, a global broker and risk adviser, said today it had secured $...
Bermuda insurer Enstar Group plans to merge two of its Lloyd’s managing agencies next year, sources told a British trade publication.
Enstar, which specialises in acquiring and managing insurers and b...
Watlington Waterworks Ltd saw their profits slide 7.2 percent to $1.76 million, as abundant rainfall contributed to the company’s weakest results in five years.
The Bermuda Stock Exchange-listed compa...
Shares of Bermuda-based insurer Tower Group International Ltd surged more than 30 percent yesterday after the company announced an amendment to its merger agreement with fellow Bermuda company ACP Re ...
The Bermuda-based boss of Hiscox’s reinsurance operations expects the unit he heads to write less business than it did last year — and that does not bother him at all.
For Hiscox Re chief executive of...