Deposits held by Bermuda's banks shrunk by more than 13 percent in the six months from last October through March.
Figures published by financial regulator the Bermuda Monetary Authority's reflect the...
Bermuda-based Flagstone Reinsurance Holdings Ltd. sees real opportunities for growth in the reinsurance market in Brazil.
The company opened a representative office in Brazil this year and will be abl...
Bermuda should not rely on a fifth wave of new insurance companies to bring new jobs to the embattled economy.
That is the view of Bradley Kading, president of the Association of Bermuda Insurers and ...
Clients who have seen their net worths shrink during the global financial crisis are demanding more from wealth managers and are trusting them less.
That is one of the findings of a report by accounta...
Bermuda-based reinsurer Maiden Holdings Ltd.'s second-quarter profits rose 18 percent compared to last year, on increased investment and underwriting revenues.
Net income was $16.3 million, compared t...
The recovery of Bermuda-based business insurer XL Capital Ltd. took another step forward as the firm was removed from Rating Watch Negative by credit rating agency Fitch.
Fitch has also seen signs tha...
Bermuda-based workers' compensation insurer CRM Holdings Ltd. posted a second-quarter net loss from continuing operations of $2.1 million, the company announced yesterday.
Revenue plunged by more than...
The annual rate of inflation fell to 1.2 percent in June — its lowest point for at least 32 years — according to Government figures released yesterday.
The figure marked a slight drop from the May rat...
Life insurance policyholders with British American Insurance Company (BAICO) should continue to pay their premiums while the company's Bermuda branch is being wound up.
That is the advice from the tea...
Local employment at Bermuda's biggest insurance companies is holding firm despite the impact of the global economic downturn.
Figures compiled by the Association of Bermuda Insurers and Reinsurers (AB...
