As the doors officially open today at the newly renovated ground floor of local insurer Freisenbruch-Meyer, so begins a new phase for the company.
The renovations take the physical space and the company into the future. The only traditional element l...
Business advisory group KRyS Global has announced two new appointments within its Bermuda office.
The firm, which focuses on corporate recovery, insolvency, forensic accounting and business advisory services, has appointed Wesley Edwards to senior ma...
Bermuda re/insurer Maiden Holdings Ltd is aiming to raise $150 million through the sale of preferred shares.
The $25 non-cumulative preferred shares will offer investors a yield of 8.25 percent and are not scheduled to be redeemed for at least five y...
The Island’s shipping and courier companies wasted no time informing customers they no longer have to pay the higher 25 percent duty rate for imported goods after Mailboxes Unlimited’s Supreme Court victory.
Customs officials yesterday confirmed the ...
Citizens Property Insurance, the Florida state-run insurer of last resort, has come under pressure recently about its travel expenses, including trips to Zurich and Bermuda where it negotiated record-setting bond placements.
In May, the Bermuda Stock...
East End residents asked to move their post boxes are finding in some cases that the Bermuda Post Office is prepared to cut them a deal — although not all are happy with the compromise.
“If it’s not broke, why fix it?” asked pensioner Dorothy Penisto...
NEW YORK (Bloomberg) — Private crop insurers, a group led by Wells Fargo & Co. and Ace Ltd, may face losses that exceed $5 billion if this year’s US drought is worse than one in 1988, Standard & Poor’s said.
Hot, dry weather across much of the Midwes...
Philadelphia Financial has established two new subsidiaries on the Island to provide life insurance products aimed at high net worth clients.
The parent company announced yesterday that Philadelphia Financial Life Assurance Company (Bermuda) Ltd and ...
August 20, 2012
Dear Sir,
I was pleased when my bank promised me “an 0K return” on my savings ...
... until I realised it stood for Absolute Zero.
Yours easing quantitatively,
ANDREW R DOBLE
Hamilton Parish
Amlin’s Bermuda unit was responsible for more than half the company’s net earnings as the London-based insurer swung back to profit in the first half of 2012.
The group booked booked pretax profit of £184.5 million ($289.2 million) in the six months ...
Two new insurance companies and an insurance broker incorporated in Bermuda in July.
Broker Link Ltd, Class 2 insurer Nostec Insurance Ltd and Class C insurer Aurigen Reinsurance Ltd all set up on the Island last month.
Bermuda Monetary Authority reg...
If you have young children, it is important that you make provision for their upbringing and care in the event of your death, by appointing a guardian.
Such an appointment is normally made in your Will, so be sure to make a Will if you have not alrea...
