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Platinum Underwriters Holdings Ltd. yesterday reported strong fourth-quarter and 2006 earnings, as well as a strong start to 2007. The Bermuda reinsurer became the latest to post full-year profits in the hundreds of millions, as it announced net inco...

IPC Holdings Ltd. swung to a fourth-quarter profit of $108.2 million compared with a loss of $74.8 million for the same period last year to top off what chief executive officer Jim Bryce described as ?great year? for the Bermuda reinsurer. But Mr. Br...

Finance Minister Paula Cox said yesterday Bermuda would be happy to act as base for the new World Bank fund to help protect countries in the Caribbean region from the financial losses caused by hurricanes. In her Budget statement last Friday, Ms Cox ...

Bermuda's insurance and reinsurance industry will register a record profit of $10 billion or more for 2006, according to a report on the Island by a leading industry analyst. A report entitled "Bermuda: The New Capital of Insurance?" by Connecticut-b...

Bermuda’s insurance and reinsurance industry will register a record profit of $10 billion or more for 2006, according to a report on the Island by a leading industry analyst. A report entitled “Bermuda: The New Capital of Insurance?” by Connecticut-b...

Bermudian attorney Michelle Hunt has launched her own legal firm with the philosophy that it’s better, cheaper and less painful to talk things through than to fight. ELM will specialise in employment law and on helping employers and employees resolve...

Former Ace Ltd. chief executive officer Brian Duperreault said last night he would have “big shoes to fill” when he takes over from Dr. James King as chairman of Butterfield Bank in April. At a board meeting on Wednesday, Dr. King announced his inten...

XL Capital chief executive officer Brian O’Hara yesterday described comments attacking Bermuda as a tax haven as “cheap political fodder”. Speaking at a conference in New York, Mr. O’Hara also said he believed potential US tax changes in future were ...