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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...

Ace Ltd last night reported first-quarter profits dropped 66 percent on heavy catastrophe losses. The Switzerland-based global insurer, which was founded in Bermuda 25 years ago and which maintains substantial operations on the Island, said net incom...