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The major re/insurers of the Bermuda market saw their net earnings fall by more than 10 percent last year, as catastrophe losses and lower investment returns ate into profitability. A survey of the results of 20 leading companies all of whom have a m...

NEW YORK (AP) Robert Benmosche, chief executive of the bailed-out insurance company AIG, isn’t known to be shy. On Friday’s conference call to discuss earnings, a Goldman Sachs analyst baited him with a question: “If pre-crisis you were the 800-pound...

Tokio Millennium Re Ltd (TMR) has become the seventh Bermuda reinsurer to be approved for lower collateral requirements by the state of Florida. The company, a subsidiary of Tokio Marine & Nichido Fire Insurance Co Ltd, will now be able to post 20 pe...

NEW YORK (Bloomberg) Bermuda-based bond insurer Assured Guaranty Ltd, which faces a potential cut in its credit ratings under proposed changes by Standard & Poor’s, said it may sell debt to bolster capital if doing so would prevent a downgrade. The c...

First there was Tunisia, then Egypt, then Bahrain. Now Libya is being roiled with conflict. Middle East tensions continue to spread and the contagion has many worried. Why are we seeing all these revolts? Tensions in these parts have essentially simm...

Bermuda-based investment manager Osmium Capital Management Ltd is changing its name to Revelation Capital Management Ltd. In a statement, the firm said the new name “symbolises our core beliefs and demonstrates the process behind our strong performan...

NEW YORK (Bloomberg) New Zealand’s deadliest earthquake in eight decades, which toppled buildings and trapped workers in Christchurch, the country’s second-largest city, may lead to higher prices for reinsurance in the Asia-Pacific region. Bermuda is...