Five senior Butterfield Bank group representatives have been named in an annual Leaders List detailing highly regarded figures in the wealth management, private banking and legal sectors.
In Guernsey, managing director Bob Moore was mentioned on the ...
Bermuda-based re/insurer Argo Group International Holdings has more than dounbled its estimate for losses from the New Zealand earthquake in September.
The company, which reported an initial loss estimate for the quake of $11.3 million in its third-q...
Bermuda’s non-life insurers are facing challenging market conditions - and there is no sign of an improvement in the near future.
That is the view of insurance industry analysts from credit rating agency AM Best, who discussed the Bermuda market in a...
Bermuda-based re/insurer Aspen Insurance Holdings Ltd today announced that David Kelso will not stand for re-election to the board of directors when his current term expires at the next annual general meeting on April 28, 2011.
Mr Kelso has been a d...
NEW YORK (Bloomberg) American International Group Inc, the insurer repaying a US bailout, is getting weaker as it sells assets such as Nan Shan Life Insurance Co, former chief executive officer Maurice (Hank) Greenberg said.
“Of course they’re making...
NEW YORK (Reuters) - Banks will meet in New York City today to make their case for the right to sell the US Treasury’s stake in American International Group, three people familiar with the matter said yesterday.
The Treasury will own 92.1 percent of ...
Bermuda-based re/insurer Endurance Specialty Insurance Ltd has been affirmed the A insurer financial strength (IFS) rating by Fitch Ratings.
Fitch has also affirmed the Issuer Default Rating (IDR) at ‘A-’, senior unsecured notes at ‘BBB+’ and non-cum...
Cox Hallett Wilkinson Ltd (CHW) is going up in the world following its move to a top floor location in the centre of Hamilton.
The law firm, which completed the relocation last month, also became a limited liability company (LLC) at the start of this...
Cox Hallett Wilkinson Ltd (CHW) is going up in the world following its move to a top floor location in the centre of Hamilton.
The law firm, which completed the relocation last month, also became a limited liability company (LLC) at the start of this...
Validus Reinsurance Ltd. has been affirmed the ‘A-’ Insurer Financial Strength (IFS) rating by Fitch Ratings.
Fitch has also affirmed Validus’ ‘BBB+’ Issuer Default Rating (IDR), ‘BBB’ senior unsecured notes rating, and ‘BB+’ rating for Validus’ juni...
The Bermuda Stock Exchange (BSX) opened and closed at 1,151.34 yesterday.
The Index traded no shares during the day.
The BSX Index, however, was down three points (0.29 percent) at 1,016.
NEW YORK/WASHINGTON (Reuters) - American International Group Inc shares are expected to settle back to a level in the mid-$40 range once the company’s recently approved warrants begin trading, a person familiar with the situation said yesterday.
But ...
