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Last week the man in the street got exactly what he asked for ... at least in Bulgaria. For many days, thousands of anti-government protesters had been mobbing the streets of the capital city Sofia, chanting, "Everybody out." And indeed, a good par...

American International Group said it posted a loss in the fourth quarter as the insurer absorbed billions in losses related to payouts on damage caused by Superstorm Sandy and the sale of its airplane leasing unit. The New York-based company said yes...

The English High Court ruled last month that a person has a right to expect that certain photos taken of them — even after uploaded onto Facebook — will be kept private. At first this decision sounds surprising. Traditional wisdom has generally been...

A major insurance company based in the Middle East intends to expand its reinsurance operations into Bermuda. Qatar Insurance Company has embarked on a five-year plan, which includes setting up operations for its reinsurance arm in Bermuda and Zurich...

Bermuda’s growing hedge fund reinsurance sector comes under a negative spotlight in the following article by Bloomberg News. The article accuses wealthy hedge fund manager John Paulson of leading funds to what it terms a "Bermuda tax dodge aiding bil...

Three of Bermuda’s newest hedge-fund backed reinsurers came under scrutiny yesterday after an international article published by Bloomberg called into question whether the companies’ billionaire backers are exploiting a loophole for US tax avoidance....

(BestWire) Despite some emerging concerns regarding implementation of European Union Solvency II requirements, the Bermuda Monetary Authority will continue efforts to meet an EU equivalency standard that is part of the directive, said Shelby Weldon, ...