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LONDON (Reuters) - Proposed curbs on insurers aimed at preventing a repeat of AIG’s 2008 taxpayer bailout could raise the cost of insurance, making more people dependent on the state, a finance sector lobby group said. “As currently designed, there i...

Fitch Ratings is maintaining its stable outlook for both the commercial and personal lines sectors of the US property and casualty (P&C) insurance industry. Insurers have withstood less favourable underwriting and economic conditions in the past seve...

Freedom is the best term for democracy. Individual freedom to choose, free to be, free to express opinions, free to pursue individual goals and successes. In two days, registered voters of Bermuda will tend to a virtual sacred rite. We, the people,...

Investment manager Baillie Gifford has taken a ten percent stake in the Bermuda-based Montpelier Re’s newly-launched Blue Capital Global Reinsurance Fund. The Scottish firm, based in Edinburgh, bought ten million shares worth $1 each in the fund whic...

LONDON (Reuters) - European insurer Zurich is seeking to raise $225 million through the sale of a catastrophe bond to renew its cover for earthquake reinsurance in the United States and Canada. The bond will be sold through Zurich’s Bermuda-based Lak...

Facebook, Twitter, e-mails, blogs, YouTube, Linked-In and Skype - words that we are all familiar with as they permeate our day-to-day lives. Although most social media started out as a recreational concept, its growth and impact is unprecedented in ...