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Bermuda's re/insurance market remains strong and - despite the challenges of the current highly competitive market - should be well placed to capitalise on a future upturn. That is the view of Fitch Ratings, which yesterday published its “Bermuda 201...

Insured losses from the recent flooding in Australia could top $6 billion, and earnings estimates for Bermudian reinsurers are at risk as a result, Barclays Capital said yesterday. Barclays analyst Jay Gelb cited early estimates for $4 billion of los...

Newstead Belmont Hills Golf Resort went into receivership yesterday after Butterfield Bank recalled a multi-million dollar loan. The luxury Paget property will continue to run, although receivers Ernst and Young have not ruled out selling some, or al...

The US Treasury yield curve has reached a record steep slope, as measured by the difference between the two-year and 30-year yield. The almost four-point difference between the on-the-run 0.6 percent two-year yield and the 4.5 percent 10-year bond yi...

Words are extraordinarily powerful. Words paint pictures to convey attitudes, convictions, commitment, honesty, anger, confidence, learning and opinions. What we say verbally, we convey into meaning immediately. What we don't say means even more, bu...

Bermuda’s non-life insurers are facing challenging market conditions - and there is no sign of an improvement in the near future. That is the view of insurance industry analysts from credit rating agency AM Best, who discussed the Bermuda market in a...

Bermuda-based CatCo Investment Management Ltd. has brought a capital markets approach to the reinsurance industry - and in the firm's early months of operation it has already proved popular with investors and reinsurance buyers alike. CatCo's chief e...