Log In

The billions of dollars of global insurance and reinsurance capital wiped out by claims in a first quarter of devastating catastrophes has not stalled the continuing decline in US insurance rates. That is the finding of the RIMS Benchmark Survey, whi...

Aspen Insurance Holdings Ltd this morning announced a net loss of $151.7 million in a first quarter in which the company shouldered more than a quarter of a billion dollars in catastrophe losses. The Bermuda re/insurer's after-tax earnings were hit b...

Making the most of your investment choices was the focus for Business Bermuda Local Awareness Committee’s last monthly luncheon seminar of the season. The sixth seminar of the series entitled ‘Investing 101: Making the Most of Your Investment Choices...

Butterfield Bank rose 2.25 percent (three cents) on The Bermuda Stock Exchange (BSX) yesterday. The bank traded 82,312 shares to close at $1.36. LOM (Holdings) Ltd also saw 5,000 shares change hands as it fell 1.58 percent (five cents) to $3.10. The ...

RenaissanceRe Holdings Ltd posted a net loss of almost $250 million during the first quarter after taking a combined $427.4 million hit from the New Zealand and Japanese earthquakes and Australian floods. The re/insurer made a net loss of $248 millio...

BF&M Ltd rose 5.24 percent (75 cents) to $15.05 on The Bermuda Stock Exchange (BSX) yesterday. The insurer traded 1,257 shares during the day. Butterfield Bank also climbed 2.3 percent (three cents) to $1.33 as 21,700 shares changed hands. KeyTech Lt...

Arch Capital Group Ltd made a profit of more than $19 million in the first quarter despite booking catastrophe losses of nearly $180 million. The Bermuda-based re/insurer posted net income of $19.3 million, or 41 cents per share, compared to $210 mil...

The Bermuda Supreme Court has sanctioned the Official Receiver, the liquidator of the defunct Bermuda branch of the British American Insurance Comapany, to hold a meeting of the creditors on May 19. The scheme of arrangement drawn up to give life ins...