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Bermuda-based re/insurer American Safety Insurance Holdings Ltd today announced it had been bought out by US-based financial services corporation Fairfax Financial Holdings Ltd in a deal worth around $306 million. Shareholders of the Bermuda firm wil...

Bermuda-based re/insurer American Safety Insurance Holdings Ltd today announced it had been bought out by US-based financial services corporation Fairfax Financial Holdings Ltd in a deal worth around $306 million. Shareholders of the Bermuda firm wil...

The Association of Bermuda Insurers and Reinsurers (ABIR) has expressed concern in a leading re/insurance publication that legislation to close a so-called tax loophole could pass without warning. “The threat is some middle-of-the-night, last-minute ...

CATCo Reinsurance Opportunities Fund reported that estimated losses for last year’s Hurricane Sandy are unchanged at $18.75 billion. A specialist Bermuda reinsurance-linked investment manager, CATCo says this is the third re-survey loss estimate issu...

Damage estimates for the powerful tornado that struck Moore, Oklahoma last week are increasing with disaster modelling firm Risk Management Solutions Inc now saying the twister may have caused as much as $3.5 billion in insured losses. The firm says...

CATCo Reinsurance Opportunities Fund reported that estimated losses for last year’s Hurricane Sandy are unchanged at $18.75 billion. A specialist Bermuda reinsurance-linked investment manager, CATCo says this is the third re-survey loss estimate issu...

Bermudian students who are considering careers in the insurance field began a three-week summer intern programme with the Bermuda Foundation for Insurance Studies yesterday. Now in its 13th year, the BFIS initiative is designed to give the students ...