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Bermuda insurer and reinsurer Quanta Capital Holdings Ltd. has been accused of violating US federal securities laws in a class action lawsuit filed in the US District Court in New York. Two US law firms last night announced their involvement in the a...

Owners of Hamilton store Great Things are seeking ideas for how to use or develop their large, edge-of-town site. The roughly 30,000-square-foot area on East Broadway has been home to the store, which sells a wide variety of goods from fans to jacuzz...

Five months of falling inflation ended in December when the annual rise in the cost of living climbed to 3.4 percent. Figures released by Government yesterday, showed the figure jumped from November?s 2.6 percent rate. Rent was the biggest contributo...

Five months of falling inflation ended in December when the annual rise in the cost of living climbed to 3.4 percent. Figures released by Government yesterday, showed the figure jumped from November’s 2.6 percent rate. Rent was the biggest contributo...

Bermuda reinsurer RenaissanceRe Holdings Ltd. will pay a $15 million fine to settle an investigation into “sham” accounting, the US Securities and Exchange Commission (SEC) said yesterday. The SEC accused the company of using accounting trickery thro...

Bermuda reinsurer PartnerRe Ltd. last night announced a record fourth-quarter profit of $242.7 million to cap what the company’s president Patrick Thiele described as “an exceptional year” in 2006. The final three months of last year produced net inc...

Finance Minister Paula Cox has asked for the Supreme Court to wind up the controversial IPOC International Growth Fund and eight related companies. In a written statement yesterday confirming the move, Ms Cox said that it was sometimes necessary to t...

Bermuda reinsurer PartnerRe Ltd. last night announced a record fourth-quarter profit of $242.7 million to cap what the company?s president Patrick Thiele described as ?an exceptional year? in 2006. The final three months of last year produced net inc...