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Lancashire Holdings Ltd reported a profit of $8.6 million during the first quarter of 2011 despite taking a $75 million hit from the Japanese earthquake and tsunami. This compared to a net income of $8.2 million for the same period in 2010. Lancashir...

What would you do if, in one day, 30 years' worth of life savings just went poof? Geneen Roth found herself in just this situation. She and her husband became one of the many victims of Bernard L Madoff, investing nearly $1 million with the con man,...

Mom, the financial controller of the house, nurturer, life partner, and career focused. In the old days, this is how it worked. Dad, or Mom’s partner, went out to work everyday, bringing home a packet of cash at the end of the week. The money was div...

More than half a million shares of Bermuda-based broker-dealer LOM (Holdings) Ltd changed hands in Bermuda Stock Exchange trading yesterday, writes Alex Wright. The company announced after the close of trading that a private holding company 100 perce...

Validus Holdings Ltd posted a net loss of almost $175 million during the 2011 first quarter as its bottom line was significantly impacted by catastrophes across the world. The re/insurer reported a net loss of $172.4 million or $1.78 per share for th...

Allied World Assurance Company Holdings, AG posted a slender profit of $8.6 million for the first quarter of 2011 despite taking a $132.2 million hit from catastrophes. The profit compared to a net income of $133.7 million for the first quarter of 20...