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PartnerRe Ltd. expects to post a 16 percent decline in premiums from renewals during the January 1, 2011 season, the reinsurer announced yesterday. The company anticipates writing and binding approximately $1.8 billion of non-life treaty premium, exc...

NEW YORK (Bloomberg) Pulsar Re Ltd, a Bermuda-based reinsurance company, filed a lawsuit accusing Lehman Brothers Holdings Inc of looting $450 million in cash that was supposed to be held in a segregated account. Lehman took the cash in a “one-sided ...

BF&M Ltd. rose 7.52 percent ($1.05) on The Bermuda Stock Exchange (BSX) yesterday. The insurer traded 1,000 shares to close at $1.05. Butterfield Bank also climbed 3.3 percent (four cents) to $1.25, with 1,500 shares changing hands. KeyTech Ltd., mea...

Shares of Bermuda-based bond insurer Assured Guaranty fell 6.3 percent yesterday on concerns that its financial strength rating could be downgraded on new criteria proposed by ratings agency Standard & Poor’s. S&P said on Monday that it came up with ...

NEW YORK (Reuters) - American International Group Inc chief executive Robert Benmosche has a hard-earned reputation as a fighter, so his decision to keep on working while battling cancer will come as little surprise. AIG said Benmosche will remain as...

Marketing your business effectively and efficiently is now more important than ever in the current economic crisis. That is according to Erin Smith, senior account manager at Advantage Ltd, who has been instrumental in shaping the company’s new partn...

Business Bermuda led a delegation of international business executives at the GAIM USA 2011 Conference in Boca Raton, Florida last week. The hedge funds conference, which ran from January 18 through January 20, featured the delegation headed by Susan...