Bermuda Press (Holdings) Ltd. (BPH) yesterday reported a profit of $63,000 for the year through September 2009 — a 96 percent fall from the prior year's earnings of $1.78 million.
The owner of The Roy...
Rising sea level and more frequent high-intensity storms are two of the likely results of climate that will have a serious impact on the insurance industry.
That is the view of Bermuda Institute for O...
XL Capital chief executive officer Mike McGavick said he's "jealous" of American International Group's continuing support from the US Government.
The notion that some financial institutions were "too ...
Climate change could provide an opportunity for growth in the re/insurance industry — but only if pricing levels keep pace with increasing risk levels.
That is the view of Barney Schauble, managing pr...
Roger Gillett has stepped down as chairman of the Bermuda Insurance Development Council (IDC) after 14 years in the voluntary role.
Mr. Gillett will be replaced by Allison Towlson, senior vice-preside...
Swiss Re boss Stefan Lippe expects to see more mergers and acquisitions in the insurance industry as companies seek to make good use of the capital accumulated last year.
The chief executive officer o...
A prominent supporter of a change in US tax policy that could impose a higher tax burden on the Bermuda insurance market yesterday said that such legislation could cause "collateral damage" in the ind...
The World Insurance Forum will be broadcast live via the Internet today and tomorrow.
The two-day conference, which features an array of industry leaders, gets under way at Tucker's Point Hotel this m...
Bermuda-based Omega Insurance Holdings faces a shareholder vote today on major board changes that could see two Bermuda insurance veterans added to its directors.
Invesco, its largest shareholder, is ...
RenaissanceRe Holdings Ltd. anticipates that claims from last month's Chile earthquake and European windstorm will be "material" - but the Bermuda reinsurer still expects to make a first-quarter profi...