Log In

Bermuda-based hedge fund Nephila Capital is expected to suffer losses through its exposure to the Japanese earthquake, according to a report citing two investor sources on MarketWatch yesterday. The $2 billion fund, which invests in catastrophe bonds...

Bermuda Aviation Services Ltd rose 22.22 percent (90 cents) on The Bermuda Stock Exchange (BSX) yesterday. The transportation company traded 100 shares to close at $4.95. The only other trader was Butterfield Bank, which fell 3.07 percent (four cents...

Butterfield Bank rose 3.17 percent (four cents) on The Bermuda Stock Exchange (BSX) yesterday. The bank traded 1,900 shares to close at $1.30. The Ascendant Group Ltd also saw 20 shares change hands, but its share price held firma t $14.25. The Index...

XL Re, the global reinsurance operations of XL Group plc, has teamed up with Aon Benfield to become the first local reinsurer to successfully implement automated accounts and cash transactions using Association for Cooperative Operations Research and...

frankfurt (Bloomberg) Munich Re, the world’s biggest reinsurer, dropped its 2011 profit target after estimating the company’s claims from the earthquake and tsunami in Japan will reach about 1.5 billion euros ($2.1 billion). The first quarter’s “majo...

German reinsurance giant Munich Re has listed a $100 million insurance-linked security (ILS) on the Bermuda Stock Exchange (BSX) through its Irish special purpose vehicle. In a statement released today, the BSX said its Listing Committee had approved...