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CRM Holdings has confirmed it does not have any material exposure to the US residential mortgage market in its investment portfolios. The Bermuda-based products and services provider for the workers' compensation insurance industry said that, as of t...

Two incidents caused Gerald Simons to take his health and fitness seriously as he reached his 40s. Keen to take his two young sons out on the water Gerald Simons bought an outboard motor to fit to his boat but, unlike the character on the publicity m...

Marsh & McLennan Companies has entered into an agreement with a financial institution counterparty to repurchase $800 million worth of outstanding MMC common stock in an accelerated share repurchase transaction. MMC will conduct the transaction pursu...

The Royal Gazette / Bermuda Stock Exchange lost 53.33 points on the week to close at 5,257. Shares valued at $2.1 million were traded, with the largest movement for the week Belco Holdings. The company's stock price lost $2.95 (12.63 percent) with 40...

NEW YORK (AP) — Wall Street heads back to work this week in a somewhat calmer state of mind. Overall, investors are more optimistic now about the financial markets than they've been in several weeks. An interest rate cut from the Federal Reserve is f...

Bermuda Insurance Institute is holding four morning seminars in September for professionals in related industries to gain an overview of the Bermuda insurance market. Topics will include insurable risks, perils, hazards, subrogation and utmost good f...

TORONTO (Reuters) - The recent plunge in Toronto stocks spurred a scramble by investors to find safe corners of the market, and one island of relative calm that they found came as a surprise given that the selloff was sparked by a credit crunch. Duri...

SAN FRANCISCO (PRNewswire) - Esurance, the direct-to-consumer personal auto insurance company has announced the launch of its latest environmental initiative in partnership with the SOS campaign, the movement behind the Live Earth concerts. Esurance,...

CAIRO (Bloomberg) — Mohandes Insurance, which offers insurance and reinsurance products in Egypt, said profit advanced 13 percent in the last fiscal year, without saying why. Net income for the 12 months ended June 30 increased to 26.6 million Egypti...

WASHINGTON — Despite promising changes, Congress has shown little enthusiasm for taking the unpopular steps that experts say are necessary to fix the nation's main flood insurance program. Recent flooding in the Midwest has brought the issue back to ...