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Allied World Assurance Company Holdings has reported a drop in profits in the first quarter of this year with a net income of $159.0 million, but the company still managed to beat analysts’ expectations. The first quarter results represented a 27 per...

Bermuda’s re/insurance community is mourning the loss of a man who for many years had been considered one of the unsung heroes of the industry — laying the groundwork for the Island’s rise as a leading global reinsurance centre. For more than 30 yea...

The Bermuda National Library is hosting a series of lunchtime talks about money this week, and it began with Nathan Kowalski, chief financial officer for Anchor investment Management and a father, who gave a lecture entitled ‘Teaching Your Children T...

Everest Re Group reported record earnings last night easily beating analysts’ expectations. The Bermuda reinsurer reported net income of $384.3 million or $7.50 per share in the first quarter of 2013 compared to $304.7 million, or $5.68 per diluted ...

A proposal in US President Barack Obama’s 2014 budget has sparked more opposition this week — this time from two insurance industry organisations that say the proposal “violates a long-standing US tax policy” and would boost prices for terrorism cove...

Standard & Poor’s outlook revision for Bermuda does not affect the Island’s insurers and reinsurers, the firm has confirmed. The rating agency recently placed Bermuda’s sovereign credit rating from stable to negative, however S&P’s credit and financi...