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Impending United States Tax Legislation that directly affect Americans outside the United States may be placing the Foreign Earned Income Exclusion (FEIE Section 911 of US Internal Revenue Code) that has assisted in minimising the double taxation imp...

Montpelier Re Holdings Ltd has announced that Clement Dwyer has resigned from the company’s board of directors, effective from September 30, 2011. Mr Dwyer has served on the board since 2006. Michael Eisenson has been appointed as his replacement, e...

Bermuda’s business leaders were out in force at the Captive Live USA conference held in Chicago this week. The event, which was sponsored by Business Bermuda and ran from Monday to Tuesday, was attended by Shelby Weldon, director of insurance licensi...

Ace has managed to cut its electricity bill by 12 percent compared to five years ago in the process of becoming Bermuda’s first LEED (Leadership in Engineering and Environmental Design) certified building. The Ace Building, which received LEED Gold c...

British American policy holders want to know why they still haven’t been paid two years after the insurer went into receivership. Shawnette Somner accused the liquidators of giving her and thousands of other out-of-pocket policy holders “the runaroun...

Argo Group International Holdings Ltd has announced the formation of an new insurance operation in the heart of the Dubai International Financial Centre (DIFC). The new company Argo Re (DIFC) Ltd is a subsidiary of Argo Re Ltd in Bermuda, and a fully...

Bermuda-based Validus Holdings Ltd has a agreed a confidentiality agreement with US reinsurer Transatlantic Holdings, Inc. The deal clears the way for Validus, which made a takeover bid of $47.41 per share for Transatlantic last month, to exchange no...