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Shares of Bermuda-based Omega Insurance shot up 18 percent on Friday, as the insurer confirmed that more than one company has expressed interest in taking it over. Omega received a bid from privately-owned rival Canopius in January and on Friday the ...

Bermuda-based re/insurer Argo Group International Holdings Ltd estimated that its pre-tax losses from last month’s earthquake in New Zealand will be in the range of $35 million to $45 million. The earthquake caused massive damage in the city of Chris...

Bermuda-based re/insurer Argo Group International Holdings Ltd today estimated that its pre-tax losses from last month’s earthquake in New Zealand will be in the range of $35 million to $45 million. The earthquake caused massive damage in the city of...

Everest Re Group Ltd has issued preliminary loss estimates of between $140 million and $210 million for last month’s New Zealand earthquake. The company also expects gross losses of $45 million in the first quarter due to this year’s Australian flood...

Shares of Bermuda-based insurer Omega Insurance shot up 18 percent today, as the insurer confirmed that more than one company has expressed interest in taking it over. Omega received a bid approach from privately-owned rival Canopius in January and y...

Everest Re Group Ltd. has issued preliminary loss estimates of between $140 million and $210 million for last month’s New Zealand earthquake. The company also expects gross losses of $45 million in the first quarter due to this year’s Australian floo...

NEW YORK/LONDON (Reuters) - Friday’s earthquake in Japan caused insured losses of between $12 billion and $25 billion, making it one of the costliest natural disasters in history for global insurers, catastrophe risk modeling firm Eqecat said yesterd...

Losses for Bermuda and US re/insurers from last week’s Japanese earthquake will come in at $25 billion or less, according to a report released yesterday by Deutsche Bank. “The Bermudan reinsurance market, which tends to specialise in property catast...