LOM (Holdings) Ltd. announced today that the US District Court in New York has approved a settlement with the US Securities and Exchange Commission (SEC) resolving allegations that involved trading of...
Bermuda-based reinsurer Platinum Underwriters Holdings Ltd. said yesterday that it spent $91.8 million buying back more than 2.2 million its own shares in the third quarter.
The company added that it ...
The annual rate of inflation fell for the fourth successive month in August to two percent.
But significant increases in the prices of food and electricity during the month kept the cost of living mov...
Redomestication away from Bermuda is having little operational impact on insurers who have chosen to move, according to credit rating agency Standard & Poor's.
Laline Carvalho, director of S&P's finan...
Bermuda-based reinsurer Everest Re Group, Ltd. has released an early estimate of its third-quarter earnings to counter speculation swirling around the company.
The company said yesterday it expected a...
The ALARYS Congress wound up yesterday, with organisers hailing the event as a success.
More than 150 delegates from at least 17 countries attended the event, the Latin American Association of Risk an...
The Organisation for Economic Cooperation and Development's latest report on Bermuda signals that the Island is leaving offshore rival the Cayman Islands behind, according to Finance Minister Paula Co...
The regulatory backlash from the world financial crisis could curb the ability of the international re/insurance industry to do its job, said XL Group CEO Mike McGavick yesterday.
Speaking at the ALAR...
Bermuda sees opportunities to leverage its advantage over other jurisdictions in its regulatory and legislative framework to attract more business from Asia.
That is the view of Susan Stirling, direct...
Argus Group Holdings Ltd.'s long-delayed annual general meeting will take place on November 8, when the company will urge shareholders to approve proposals that will extricate it from a legal morass c...