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RenaissanceRe Holdings Ltd’s Peter Durhager is to step down as chief administrative officer (CAO), while Jeff Kelly is to become chief operating officer (COO), the Bermuda reinsurer said today. A press release making the announcement stated that Mr D...

Bermuda’s strict immigration laws are a drag on the economic regeneration of the Island, an expert said yesterday. Peter Everson, a business consultant and former Chamber of Commerce spokesman on the economy, said: “Immigration policy and law as they...

Bermuda insurer Argus is being sued for $15 million in damages by an American client who claims he lost millions allegedly invested in Bernard Madoff’s Ponzi scheme. Antonio Calabrese, 61, says he lost $9 million and is suing Argus Group Holdings Ltd...

The Bermuda insurance market writes £25 billion of business, which makes it more than half the size of the dominant London market, now at a “tipping point” with its position “under threat,” according to a just-released study reported in the London Ma...

Some reinsurance bosses believe the industry needs a major catastrophe to thin out a crowded marketplace and to reverse the ongoing trend of falling reinsurance prices. That is something that industry analyst Taoufik Gharib, of Standard & Poor’s Rati...

Bermudian initiatives for the Global Entrepreneurship Week (GEW) were launched by the GEW Advisory Committee and aspiring young entrepreneurs, with the support of some 60 sponsors and local officials, during a ceremony at Suite Solutions on Mill Cree...