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Pete Cangany started in his new role as Ernst & Young’s senior partner in Bermuda this week with a mission to grow the firm’s business and to make it a stronghold of personal development for its staff. Mr Cangany is optimistic about the prospects for...

Aspen Insurance Holdings Ltd yesterday took aim at the compensation package of Endurance Specialty Holdings Ltd boss John Charman as the war of words intensified between the Bermuda insurance-sector rivals. Endurance is pursuing efforts to take over ...

Shareholders of Bermuda-based Aspen Insurance Holdings Ltd will ultimately decide whether Endurance Specialty Holdings Ltd’s hostile bid to take over their company will succeed — and on Friday both companies mailed out letters to them asking for thei...

Bermuda needs to maintain personal contact with French government officials to avoid “nasty surprises” like the punitive measures meted out to the Island last year, according to Finance Minister Bob Richards. Reporting on his recent trip to Paris and...

Bermuda has a major opportunity to get involved in “shadow banking”, according to a top fixed-income asset manager. Cliff Corso, chief executive officer of New York-based Cutwater Asset Management, which manages around $23 billion, said the shrinking...

The acquisition of US insurer Western World Insurance Company represents a significant strategic development for Validus Holdings Ltd, as it provides the Bermuda re/insurer with a platform in the world’s largest insurance market. That is the view of ...

Florida politicians do not understand how much risk their state is taking on through its publicly run catastrophe fund. And Bermuda’s reinsurance industry needs to work harder to get across the message that it can benefit Florida by shouldering more ...

Bermuda re/insurer Validus Holdings Ltd has agreed to acquire US insurer Western World Insurance Group, Inc for $690 million in cash. Validus CEO Ed Noonan said last night that the combination with the Franklin, New Jersey-based Western World would r...