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New York-based property and casualty insurer Tower Group is adding more than $325 million of new 2013 premium to Lloyd’s of London. The firm along with its strategic partner, Canopius, is launching a special purpose syndicate (SPS) at Lloyd’s with $...

Bermuda-based Alterra Capital Holdings Ltd has agreed to merge with US specialty insurer Markel Corp in a deal worth more than $3 billion. Alterra CEO Marty Becker, a veteran of the Bermuda insurance market, is expected to leave the combined company ...

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,...