A funny thing happened in domestic trading on the Bermuda Stock Exchange (BSX) yesterday -- nothing.
Neither a share nor a bond changed hands.
It was a gentle reminder perhaps, that for all of the sub...
Energy insurers are writing business dangerously at a underwriting loss, a top executive has warned. And reinsurers are contributing to the problem with a flood of cheap reinsurance.
In a year of expe...
Bermuda is the latest acquisition target of Mutual Risk Management Ltd. (MRM), pending regulatory approval.
Bermuda-based MRM said last night it agreed to buy International Advisory Services (IAS) gro...
largest international reinsurers for an undisclosed price.
Gerling Global Reinsurance Corp. of Cologne, Germany, said its acquisition of American-owned Rex Re concludes an agreement announced in July....
Government officials hope to keep abreast of new developments after US President Bill Clinton was urged to void a controversial 20-year old aviation treaty between the US and the UK that regulates Ber...
New listing regulations just announced by the Bermuda Stock Exchange (BSX) will establish the BSX as the world's leading insurance stock market and promise to attract huge interest in the insurance se...
subsidiary, Underwriters Reinsurance Co. from owners that included XL Insurance Co. Ltd.
Venton is a holding company which conducts global insurance and reinsurance business with operations here, and ...
Another Bermuda cat reinsurer, IPC Holdings, Ltd., has reported profit declines as a result of hurricane losses.
The parent of IPC Re Ltd. saw net income drop nearly 56.5 percent to $11.1 million for ...
of its Bermuda domicile, an insurance rating agency has said.
Bermuda reinsurer AFC Re Ltd. has obtained an AM Best Co. rating of B (Very Good), a reflection of the strong capitalisation of $100 milli...
Bermuda-based reinsurer, LaSalle Re Holdings Ltd., was hard hit by Hurricane Georges and expects to declare a fourth quarter loss.
But LaSalle Re appeared to remain on course for a profitable year end...