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Bermuda is touting changes to its work permit policies at the annual RIMS Conference, now under way in Los Angeles. The changes that became effective on April 1 are designed to simplify and enhance the ability of companies to attract and retain non-...

A Bermuda-listed investment company has bought the London building that is the global headquarters of Standard Chartered Bank, paying £210 million ($319m) for the property. Zeno Capital Limited has a stated objective to acquire investment grade prope...

Bermuda-based Ironshore Inc. has launched a new service that will provide companies with coverage for crisis situations that pose potential public-image risks. The product, “Ironshore CrisisShield,” will be provided through the insurer’s US professio...

The Cayman Islands captive insurance industry said it has launched a new brand to promote its integrity and transparency in international markets with the tagline “Cayman Islands. Clearly Better Business.” “It is no secret that Cayman is not often w...

Mandarin Oriental International, which operates the Elbow Beach Hotel, made an underlying profit of $71 million in 2012. The company has reported its preliminary full year results, showing a 20 percent increase with underlying earnings of $175 millio...

Asset management group Schroders is moving into the insurance-linked securities (ILS) space. The UK-listed asset manager with operations here in Bermuda has bought a 30 percent stake in Switzerland-based ILS and reinsurance investment fund manager, S...

Bermuda-based Platinum Underwriters reported a net income of $86.5 million for the first quarter of 2013. The reinsurer attributes its $2.63 per share profit for the quarter to no losses from major catastrophes in the first three months of this year....