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The move follows reserve charges tied mainly to the company’s retail commercial insurance portfolio

Butterfield Bank rose $1.01 on the New York Stock Exchange closing at $45.35

The deal includes the IQUW Bermuda-based reinsurance platform, significantly expanding Starr’s Bermuda presence

The bank posts $5.5 billion after absorbing provisions tied to Madoff litigation and other matters

The acquisition of part of the Bermudian-based reinsurance company for $2.1 billion is a major strategic investment

David Burt also discusses new partnerships and investments in the blue economy at Riyadh forum

Aon finds three quarters of UK organisations have or plan to establish a captive insurer or cell

The new legislation introduces a novel enforcement process for service providers

Warrel Jeffrey, owner of WJ Coffee Retail, says Hurricane Melissa interrupted the coffee bean reaping season

The firm’s operating income was up $11.5 billion compared with $11.09 billion for the first nine months of last year