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Bermuda-based Hamilton Insurance Group has broken into the massive Lloyd’s of London market with its latest acquisition. The firm’s deal to take over Sportscover Underwriting Ltd — a Lloyd’s managing agent for Syndicate 3334 and Kinetic Brokers, a Ll...

Merger mania in the insurance industry shows no sign of letting up, according to a major investment management firm. Analysts at US-based Conning said that mergers “picked up measurably” last year — and that activity had continued into the start of 2...

The value of investments held by Bermuda First Investment Company (BFIC) has plunged by $12.3 million. And revenue at the company — which holds shares in communications firm KeyTech and Ascendant, which owns power firm Belco, fell by $1.3 million to ...

Gitanjali Gutiérrez has been appointed as Bermuda’s first information commissioner. Government House made the announcement of the $180,000-a-year post that has been a work in progress for the past five years. The position of information commissioner ...

Bermuda logged a massive $20 billion-plus in deals in the last quarter of 2014 — the highest amount of any offshore jurisdiction. And experts predicted “merger mania” would continue into this year as firms rush to consolidate. The Island notched up h...

LF Wade International Airport is the place to hang out if you want to find out who’s buying whom in the reinsurance industry, according to XL Group chief executive officer Mike McGavick. His comments led to the headline “For Front-Row Seat in Deal Ac...

Government spent more than $200,000 on furnishings for the Public Works headquarters and the Government Administration Building. According to a notice gazetted last month, the Ministry of Public Works spent $213,602.26 on office furnishings. The cont...

NEW YORK (Bloomberg) — Third Point Reinsurance Ltd, the Bermuda-based company co-founded by hedge-fund manager Dan Loeb, said buying a competitor in the US or Europe could clash with its business model. “One of our strengths is we can tell people tha...

Montpelier Re chief Christopher Harris yesterday said his firm was performing well on its own — even as larger rivals are merging in a tough reinsurance market. Mr Harris said: “We’ve always said we try and focus on being better not bigger.” And Mr H...