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Getting young Bermudians interested in insurance - that is the message being put out through a soon-to-air on TV video from the Bermuda Foundation for Insurance Studies. The half-hour long programme entitled 'Set to Succeed' was this week shown to th...

The steady stream of newly incorporated companies forming in Bermuda has continued, with no fewer than five starting up last month. French domiciled Triple-A reinsurance firm CIFG Guaranty led the way at the start of the month when its parent company...

The famous Canadian dynasty, the Irving family, is reportedly moving towards breaking up its $6 billion empire, which controls huge business concerns in New Brunswick. The 125-year-old dynasty is controlled via a number of JD Irving Limited Bermuda-...

TORONTO (Reuters) - The Toronto stock market's main index finished broadly lower, dragged down by weak resource shares and nagging worries over the health of the US economy. The index more than gave back all the gains it made in the previous session ...

NEW YORK (AP) — Wall Street resumed its slide as unease about the wilting mortgage market and the broader economy triggered selling ahead of the unofficial start of the holiday shopping season. The Standard & Poor's 500 index and the Dow Jones indust...

XL Insurance, the global insurance operation of XL Capital has reached an agreement with Swiss Re to purchase Global Asset Protection Services (GAPS), a loss prevention consulting service provider. The transaction is expected to be completed by the e...

The phrases 'keeping it in the family' and 'giving something back to the community' are themes running throughout everything that is done at Onion TV today. For the cable channel 75 is run by the Caines family, including the team of three brothers, n...

Montpelier Re has entered into a new two-year agreement that keeps current chairman and CEO Anthony Taylor at the company until at least the end of 2009. The new agreement makes provision for Mr. Taylor to set down from the role of CEO on or after th...

The Bermuda Stock Exchange has been advised by CLSA Financial Products of a cash dividend distribution in respect of one of the certificates issued under its $7.5 billion Asian Securities Programme. A cash dividend payment of 0.025413 cents per certi...

An article in yesterday's business section mentioned a presentation by XL Capital chief operating officer at the Credit Suisse Insurance and Asset Management Conference in New York. Unfortunatly, the story said the event was this Friday, but it was a...