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Bermuda-based reinsurer Maiden Holdings Ltd said yesterday that it anticipates minimal, if any, losses related to last week’s earthquake and tsunami in Japan, or from this year’s flooding in Australia or last month’s earthquake in New Zealand. Maiden...

The Health Department today urged Skippy peanut butter buyers to check their jars following a recall in the US. The US Food and Drug Administration has warned American consumers that Salmonella has been found in some batches of the low-fat version of...

Watlington Waterworks Ltd. rose 26.81 percent ($2.95) on The Bermuda Stock Exchange (BSX) yesterday. The utilities company traded 2,100 shares during the day. The Ascendant Group Ltd., however, fell 3.33 percent (50 cents) to $14.50 with 3,900 shares...

Aspen US Insurance has announced the set up of its new surety insurance unit, led by Michael Toppi, executive vice-president of Aspen US Insurance. Joining Mr Toppi will be Mathew Raino, vice-president, commercial surety, and Ryan Field, assistant vi...

Allied World Bermuda has become the eighth Island reinsurer to win approval from the state of Florida for reduced collateral requirements. The company, a unit of Switzerland-based Allied World Assurance Company Holdings, AG announced the news yesterd...

Bermuda-based reinsurer Maiden Holdings Ltd saw full-year profits rise by more than 14 percent to nearly $70 million last year, the company reported last night. Maiden said fourth-quarter profits were also up by 14.4 percent, year on year, to $19.1 ...