XL Insurance Bermuda Ltd. (XLIB) yesterday shone the spotlight on food product safety, in the aftermath of the recall of hundreds of millions of eggs in the US.
Around 40 people, many of them brokers,...
Credit rating agency Standard & Poor's Ratings Services last night raised its outlook on Bermuda's creditworthiness to stable from negative.
The action lifts the immediate threat of a credit downgrade...
Alterra Capital Holdings Limited, the company formed by the merger of Max Capital Group and Harbor Point Re, has amalgamated its Bermuda operating subsidiaries.
The merging of the two units, Alterra I...
Credit rating agency Standard & Poor’s Ratings Services has raised its outlook on Bermuda’s creditworthiness to stable from negative.
The action lifts the immediate threat of a credit downgrade, which...
Prices are firmer in the residential property market this year than they have been in the falling market of the past two years, according to the latest Government figures.
But buying and selling activ...
XL Insurance (Bermuda) Ltd. (XLIB) will next week hold a seminar on dealing with food product recalls as it launches of its new broad form Product Contamination policy.
The event, which will take plac...
Bermuda-based mutual insurance company Oil Insurance Ltd. is likely to foot some of the bill for claims arising from yesterday's oil rig explosion in the Gulf of Mexico.
The oil and gas platform opera...
Thousands of life insurance policyholders who have been left in limbo since the winding up of the British American Insurance Company (BAICO) last year will soon receive some news, probably as early as...
Insured losses from Hurricane Earl's rampage across the Caribbean will range from $50 million to $150 million, according to catastrophe modelling experts AIR Worldwide.
The storm, which last night app...
Francis Mussenden retires today as president and chief executive officer of the Bermuda Telephone Company, ending a 35-year career with the firm.
He will be replaced by Lloyd Fray, CEO of M3 Wireless ...
