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By Gareth Finighan Some bank customers attempting to carry out financial transactions online have been left frustrated by a computer glitch blocking them from logging onto the system. The Butterfield Bank malfunction has caused “intermittent problems...

Enstar Group Limited filed its quarterly report on Form 10-Q with the SEC earlier today, reporting its earnings and financial position for the three and six months ended June 30, 2013. In a release announcing the results, Enstar reported consolidated...

Catlin Group Limited is reporting strong underwriting performance for the six months ending June 2013. The international specialty property/casualty insurer and reinsurer stated in a press release on Friday that, at $441 million, net underwriting co...

AM Best Co has affirmed its ratings for the Alterra organisation following its $3.1 billion merger with Markel Corporation. Alterra retains its financial strength rating of A (Excellent) and issuer credit ratings of “a” of Alterra Bermuda Limited (Al...

RenaissanceRe Holdings Ltd. announced this afternoon an increase in authorisation to $500 million in its share repurchase programme, and a quarterly dividend of $0.28 per common share on its common stock. A press release stated the dividend is payabl...

Global insurer PartnerRe has declared dividends on a range of shares for the period June 1, 2013 to August 31, the company announced today. The dividends are payable on September 3, 2013 to shareholders of record on August 23, 2013 as follows: $0.406...

Lancashire Holdings Limited has announced agreements to acquire for £266 m Cathedral Capital Limited, a privately owned Lloyd’s insurer, along with loan notes issued by Cathedral’s subsidiary Cathedral Capital (Investments) Limited. “The transaction...

ACE Bermuda has declared the first year of its Select Internship programme a “resounding success. The 12-week programme saw six Bermudian university students gain experience in the insurance industry and develop their leadership, teamwork and profess...

Some fund administration and custody service provision will cease at HSBC Bermuda, it was confirmed this morning. An HSBC Bermuda spokesperson stated: “Following a strategic review of the HSBC Securities Services business in Bermuda and after careful...