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As I was preparing to draft a speech on “International Tax and Compensation Issues Effecting International Executives” for a Bloomberg tax conference the news broke regarding the so-called Panama Papers and the thousands of politicians, millionaires ...

White Mountains Insurance Group increased its adjusted book value to $704 per share during the first quarter, a rise of 0.9 per cent. When adding in the estimated gain from the sale of Sirius Group, a $2.6 billion deal which closed last month, the sh...

Argo Group International Holdings Ltd’s profit fell by more than half as investment results lagged. Net income in the first quarter for the Bermudian insurer and reinsurer was $27.7 million, compared to $58.8 million in the same period of last year. ...

Endurance Specialty Holdings Ltd’s profits rose 6 per cent in the first quarter as the company beast analysts’ estimates and benefited from the additional business gained from last year’s acquisition of Montpelier Re. The Bermudian insurer and reinsu...

PartnerRe Ltd made a profit of $201.4 million for the first quarter, about $31 million lower than the same period in 2015. The company’s net income represents a return on equity of 13.3 per cent. PartnerRe, which has offices on Pitts Bay Road, is now...

Rainbow. So often as we move through life and our businesses we encounter great difficulty and challenges that stretch our abilities to react, respond, and move forward. In recent times in our lives we have been struck by a ferocious lightning storm...

A Reid Street office building has been renamed Innovation House after it was sold last year. The building, previously known as Ram Re House, will house technology company Fireminds and meet the expansion needs of insurance firm Freisenbruch-Meyer Gro...

Chubb Bermuda and Aon Bermuda are to work together to offer clients new options for management liability insurance coverage. The arrangement will allow insurance buyers to access Chubb Bermuda’s excess management liability products through Aon’s Berm...

The Bermuda Insurance Institute has announced the winners of the 2015 Insurance Industry Awards. The awards applaud exceptional companies and individuals whose contributions to the insurance and reinsurance industry or the local community is remar...

Shares of Butterfield Bank lost two cents, or 1.2 per cent, to close at $1.63 after 8,300 traded on The Royal Gazette/BSX Index. Meanwhile, the bank’s preference shares were unchanged at $1,001.50 after four shares were exchanged. The Royal Gazette/B...