Ruthardt.
The regulator who unsuccessfully sought to wrest control of insolvent insurer Electric Mutual Liability Insurance Co. from its Bermuda liquidators is now staring down state consumer activist...
The reinsurance subsidiaries of Bermuda-based New Cap Reinsurance Corporation Holdings Ltd. (New Cap Re) have had their claims paying ability ratings lowered by Duff & Phelps Credit Rating Co. (DCR).
...
A serious decline in the value of the company's common shares has management of Bermuda-registered Sea Containers Ltd. perplexed.
President James B. Sherwood said the severe downturn was unjustified a...
indication of increasing competitiveness among domestic insurers.
Argus is now offering free car insurance -- valued at up to $500 -- for new clients who bring their residential property insurance to ...
of one percent to six percent, effective on Monday.
The base rate represents the benchmark for the pricing of all the bank's Bermuda dollar demand loans and overdrafts.
The institution's loan customer...
plunged more than 58 percent to $85.8 million, compared with $206.6 million for the same period last year.
It brought net income for the first nine months to August 31 down to $411.8 million -- a near...
The days of a sudden hardening of the insurance and reinsurance markets in the wake of significant or catastrophic events may be over, a leading Bermuda reinsurance executive has said.
A hardening mar...
Bermuda is getting the attention of the US healthcare industry, and officials foresee a brighter future in attempts to attract more healthcare captive insurers.
The optimism stems from recent growth f...
This year's active hurricane season is making residents along the US east coast consider the need for better protection of their property.
It is a move that is welcomed by property catastrophe reinsur...
The Zurich Group has been working to replace outgoing Centre Solutions president David Brown, who is opting for early retirement at the end of the year.
Officials believe the company can name a new bo...
