AM Best has affirmed the ratings of Bermudian insurance group Argus.
The agency gave Argus Insurance and Bermuda Life Insurance Company a financial strength rating of B++.
“The ratings affirmations re...
Bermuda’s decision to sign up to a country-by-country reporting agreement for multinational companies could be used to target shell companies using the island for tax avoidance.
Bradley Kading, presid...
Profits at insurance and reinsurance firm Allied World dropped by more than $50 million for the first quarter.
Allied World had a net income of $74.1 million for the first three months this year, down...
The Irish Linen Shop’s Jane Pocock has died.
Ms Pocock, who was 94, founded the Front Street fixture with her late husband Jim, with their son Jeremy also involved in the business.
She died last Frida...
Bermuda has signed up to a major international agreement on country-by-country financial reporting by multinational companies.
Bob Richards, the Minister of Finance, said Bermuda had fallen in line wi...
A Bermuda law firm has launched a new trust company.
Benedek Lewin has set up Omnium Trust Company, which will cater to corporate, estate planning and other legal needs.
Simon Benedek, counsel for the...
Major building projects in the US would boost the economy and demand for insurance and reinsurance.
Kevin Kelley, the chief executive officer of Bermuda-based Ironshore, said poorer-than-expected econ...
The European Commission and the World Bank have signed a $15.8 million agreement to fund a Caribbean catastrophe insurance fund.
The two organisations said the agreement will help Central American cou...
A gala dinner held to mark the 1916 Irish uprising against British rule and the death of thousands of Irish soldiers at the Battle of the Somme has raised around $8,000 for charity.
Now the cash raise...
A Bermudian couple has turned a lifestyle into a business — and Mr Organic is going from strength to strength.
Preston Ephraim, who runs the firm with wife Megan, branched out into the green foods mar...