Bermuda-based re/insurer Flagstone Reinsurance Holdings has invested $12 million into the LeapFrog "micro-insurance" fund which aims to provide insurance to some of the world's poorest people.
LeapFro...
Bermuda institutions and individuals filed reports of suspicious activity — which indicates a suspicion of money laundering or terrorism financing — at a rate of almost two per day last year.
Attorney...
Bermuda-based corporations are among those targeted by legislation approved by the US House of Representatives this week.
The legislation was part of a jobs bill that went before the House on Wednesda...
US lawmaker Richard Neal yesterday held a meeting of Congressional colleagues and US insurance executives to muster support for a US tax measure that could hit the bottom lines of Bermuda re/insurers....
What started out as a project to raise awareness of Bermuda re/insurer Catlin Group as a global brand has ended up being a ground-breaking — or more literally ice-breaking — scientific project.
For Ca...
The Bermuda insurance market could have to fork out as much as $1.7 billion in claims related to catastrophes that struck in the first quarter.
Last month's earthquake in Chile and a violent European ...
Flagstone Reinsurance Holdings Ltd. plans to move its holding company from Bermuda to Luxembourg, as it seeks to establish its identity as a European company.
The move will have no impact on its under...
The increasing cost of employing people in Bermuda will add to the pressure on the Island's global re/insurers to locate more jobs in cheaper jurisdictions.
That is the view of Stephen Catlin, co-foun...
Insurer and investment company BF&M Ltd. has announced it will be maintaining its 20 cents per share dividend for shareholders of record at March 31, payable on April 15.
The announcement means the co...
Merger talks between numerous Bermuda insurers took place last year, but few deals came off because market valuations were so low.
That was one of the revelations in a report by accountancy firm Price...
