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HSBC Bermuda is helping to refinance Orient-Express Hotels’ loan on its Brazilian properties. The bank is part of a club of three banks that refinanced the famed Copacabana Palace in Rio de Janeiro and Hotel das Cataratas at Iguassu Falls. According ...

The fight for Transatlantic Holdings Inc stepped up a notch yesterday after Bermuda-based Validus Holdings Ltd announced plans to replace Transatlantic’s board. In a statement, Validus said the Transatlantic board had acted to “thwart” its unsolicite...

BF&M Ltd today announced earnings of $11.35 million for the first half of the year a six percent rise from the $10.71 million earned in same period in 2010. The company took in six percent more in premiums and three percent more in investment income,...

Bermuda Football Association and Digicel have officially launched the new Digicel Premier Division 2011-2012 season. The announcement was made by BFA president, Larry Mussenden and Digicel CEO, Wayne Caines before Saturday’s Charity Cup match between...

Ace Ltd has agreed to acquire Penn Millers Holding Corporation for $107 million in cash. PMHC’s primary insurance subsidiary, Penn Millers Insurance Company, is a well established underwriter of agri-related insurance in the US, providing specialty p...

IronHealth, the specialty healthcare unit of Bermuda-based insurer Ironshore, has entered into an agreement with RL Solutions to help clients manage hospital professional liability risk. The relationship with RL Solutions will enable IronHealth hosp...

Fire investigators are continuing to collect information as they probe the cause of this month’s HWP fire. Lieutenant Wenda Roberts, spokeswoman for Bermuda Fire and Rescue Service, yesterday said officers would take another week or two to determine ...