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CATCo Reinsurance Opportunities Fund reported that estimated losses for last year’s Hurricane Sandy are unchanged at $18.75 billion. A specialist Bermuda reinsurance-linked investment manager, CATCo says this is the third re-survey loss estimate issu...

Key speakers from two overseas law firms will address Bermuda’s trust industry in a trust litigation seminar called, Risky Business. Appleby announced that it will co-sponsor a seminar with the Society of Trust and Estate Practitioners Bermuda (STEP)...

Damage estimates for the powerful tornado that struck Moore, Oklahoma last week are increasing with disaster modelling firm Risk Management Solutions Inc now saying the twister may have caused as much as $3.5 billion in insured losses. The firm says...

An American resident has pleaded guilty to committing a $9 million investment fraud through offshore structures in Nevis and a bank account in Bermuda. Larry Michael Parrish of Maryland admitted one count of wire fraud in a plea agreement that was fi...

An American resident has pleaded guilty to committing a $9 million investment fraud through offshore structures in Nevis and a bank account in Bermuda. Larry Michael Parrish of Maryland admitted one count of wire fraud in a plea agreement that was f...

Key speakers from two overseas law firms will address Bermuda’s trust industry in a trust litigation seminar called, Risky Business. Appleby announced that it will co-sponsor a seminar with the Society of Trust and Estate Practitioners Bermuda branch...

HSBC says it plans to turn its back on tax havens, according to articles in the British media. But HSBC Bermuda said yesterday it remains committed to its business on the Island. According to the London Times, the chairman of HSBC, parent of HSBC Ber...

HSBC says it plans to turn its back on tax havens, according to articles in British media. According to the London Times, the chairman of HSBC, parent of HSBC Bermuda, has pledged to cut the global bank’s business with tax havens around the world. “F...