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AXIS Capital Holdings has announced that its preliminary estimate of second quarter 2013 natural catastrophe and weather-related pre-tax losses is $140 million, net of estimated recoveries from reinsurance and including estimated reinstatement premiu...

Bermuda’s Endurance Specialty Holdings announced its initial loss estimate related to several natural catastrophes that occurred in the second quarter of 2013, including flooding in Canada and Europe and tornadoes in the US. The re/insurer estimates ...

Bermuda’s Aspen Insurance said it has made an initial loss estimate of approximately $59 million, or $54 million after tax and net of reinsurance and reinstatement premiums, related to natural catastrophes in the second quarter. This estimate is spli...

TORONTO (Reuters) — Canada's main stock index slipped on Tuesday as a slump in shares of Potash Corp following disappointing results from rival fertiliser company Mosaic Co offset gains in gold-mining stocks. The Toronto Stock Exchange's S&P/TSX comp...

Bermuda’s Third Point Reinsurance has filed paperwork for a potential initial public offering of its shares. The property and casualty reinsurance company is owned by billionaire Daniel Loeb, who is CEO of Third Point LLC. The reinsurance company wa...

Bermuda’s Third Point Reinsurance has filed paperwork for a potential initial public offering of its shares. The property and casualty reinsurance company is owned by billionaire Daniel Loeb, who is CEO of Third Point LLC. The reinsurance company w...

A Bermuda special purpose insurer is behind the first storm-surge catastrophe bond. MetroCat Re Ltd, a Bermuda domiciled special purpose insurer established for issuing series of catastrophe bond notes, has been set up to support the risk transfer ne...

By Dave Ramsey Dear Dave: My husband and I have been following your plan, and we’re debt-free. Recently he invited his sister, her husband and their two kids to live with us. His brother-in-law recently lost his job, and he did this without talking t...

A barrage of litigation could soon be hitting everyone from the US rail company to the Canadian government in the aftermath of the deadly Quebec train crash. XL Group, which has executive offices in Bermuda, has confirmed it was an insurer of train o...