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Investment markets took a sharp rise upwards on Thursday of this week in reaction to supportive moves from the European Central Bank, under president Mario Draghi, with the implementation of an unlimited buying programme of EU zone sovereign debt. Ye...

Premier Paula Cox is to introduce former President Bill Clinton at a major US/Mideast business conference next week. She will make the introductory remarks to Clinton’s keynote speech at the 2012 C3 Summit 2012 in New York on September 13 and 14. Th...

Bermuda is driving the growth of the insurance-linked securities (ILS) market, a market that is expected to quickly accelerate, says a new research paper from professional services firm PwC. Co-authored by PwC Bermuda’s insurance leader Arthur Wightm...

Bermuda’s insurers yesterday urged residents to take the threat of Leslie seriously, saying phones were ringing all day yesterday with customers concerned about coverage. Insurance bosses said it’s tough to project the extent of damage a Category 2 h...

Mailboxes says it’s worked out clearance issues with Bermuda Customs after its recent court battle and US Express delivery is “back to normal in every sense” including delivery times and duty rates. An e-mail from Mailboxes president Steve Thomson ye...

Fifteen of the world’s top 50 reinsurers are based in Bermuda, according to a report on the global reinsurance market by ratings agency AM Best. The report, which bases its rankings on the amount of gross premiums written by reinsurers last year, rat...

The ‘PIIGS’ should leave the euro. It’s the pensions of the top brass — or rather fear of losing them — now holding the Eurozone together. In all logic, Greece should leave the Euro. So should Spain. The same goes for Portugal and most likely, Irela...

Bermuda-based Third Point Re is expanding with yesterday’s announcement that the company will be opening a London subsidiary office, pending regulatory approval. The subsidiary, to be named Third Point Re Marketing (UK) Ltd, pending approval, will be...

Three insurance bosses caused a stir when they spoke frankly about their views on doing business in Bermuda in excerpts from a roundtable discussion published last month in this newspaper. That was only the beginning. In the latest edition of the Ber...