Rebounding financial markets helped Argus Group Holdings Ltd. achieve a $12.2 million profit for the six months ended September 30 this year — a $54 million swing from the loss the company suffered in...
Max Capital Group Ltd. has recruited two executives who had led Bermuda rival XL Re's reinsurance operations in South America to head its own new office in the region.
Carlos Caputo will serve as chie...
PartnerRe chief executive officer Patrick Thiele is to take over as the new chairman of the Association of Bermuda Insurers and Reinsurers (ABIR).
He will succeed Axis Capital chairman Michael Butt at...
Many Bermuda companies are facing the prospect of changing the way they report their financial results, as regulators seek to move towards a global accounting standard.
The Island's publicly listed co...
Rumours of a mega-merger in the Bermuda reinsurance market are circulating again.
The latest report comes from Reinsurance magazine, which cites sources who say that Aspen and Ariel Re are "close to s...
Financial regulator the Bermuda Monetary Authority says it has taken no action against the fund and fund manager that has been at the centre of a $6 million fraud probe.
Interinvest (Bermuda) Ltd. and...
Bermuda IT security provider QuoVadis is to participate in SuisseID, a national e-identity programme being launched by Switzerland next spring.
QuoVadis is one of three digital certificate providers p...
Most of Bermuda's property and casualty (re)insurers are trading well below their book values after a year in which they have recovered strongly from the tumult of 2008.
A lack of expensive catastroph...
More than 90 percent of residents surveyed believe international business is the main driver of the Island's economy and that it has a positive impact.
Almost half believed that international business...
Butterfield Bank's new chief financial officer Bradford Kopp says the bank is working hard to steady its investment portfolio after the losses it suffered during the financial crisis.
In his first int...
