Bermuda-based investment company WP Stewart & Co. Ltd. reported a net loss of $9.6 million for first half of this year, as revenue plunged.
Income from fees dipped from $17.6 million to $8 million for...
Bermuda insurer and investment company BF&M Ltd. achieved a seven percent increase in profits through the first nine months of the year, helped by rebounding financial markets.
Net earnings for the ni...
Topping the list of concerns of Island CEOs surveyed by the Association of Bermuda International Companies (ABIC) is not work permits or taxation policy — but public education.
The revelation came yes...
Board of Education chairman Darren Johnston yesterday told an audience of business leaders that Bermuda needs a world-class education system to produce graduates capable of participating in the Island...
September was the 17th successive month of falling retail sales volume, Government statistics revealed yesterday.
Around $87 million was spent on retail goods - a fall of $7 million compared to Septem...
The wave of multi-billion dollar mergers that some had predicted for the Bermuda insurance market has not materialised, but the Island's companies have been adding to their size in other ways.
That wa...
Bermuda currently has more advanced insurance regulation than the US or the European Union (EU), an industry conference heard on Friday.
Bradley Kading, president of the Association of Bermuda Insurer...
The profit margins of Bermuda's insurers and reinsurers will come under increasing pressure next year as rates fall after a lack of major catastrophes this year, according to credit rating agency Mood...
Bermuda-based Maiden Holdings Ltd. has announced an agreement with American Capital Acquisition Corporation (ACAC) that is expected to generate more than $200 million a year in extra revenue for the r...
Bermuda-based insurer Max Capital Group Ltd. swung to profit in the third quarter, as it reaped the benefits of an expanding underwriting platform and a lack of hurricanes.
Net income for the July thr...
