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Bermuda-based reinsurer Endurance Specialty Holdngs today reported net income of $111.2 million and $2.09 per diluted common share for the fourth quarter of 2010, a decline of 28 percent from the $154.8 million and $2.56 per diluted common share rec...

Butterfield Bank shares rose four percent yesterday on light volume on the Bermuda Stock Exchange (BSX). The bank climbed five cents to $1.30 on the trading of 470 shares. Six of Butterfield’s preference shares also traded, with the price remaining u...

ZURICH (Reuters) UBS expects to win more client money for its wealth management business in 2011 and sees a rebound in the investment banking division whose losses almost felled it in the financial crisis. Switzerland’s biggest bank said it had seen ...

LONDON (Reuters) Britain saddled banks with an extra £800 million ($1.3 billion) in tax yesterday, drawing protests from the industry as talks between bosses and ministers over bonuses and lending come to a head. Chancellor of the Exchequer (finance ...

Reinsurance broker Guy Carpenter said shareholders funds of Bermuda companies it tracks grew by 4.5 percent during the first nine months of last year. However, during the same period the Guy Carpenter Bermuda Reinsurance Composite experienced a 24 pe...