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The Orange Valley Centre is inviting the public to take part in its Move More Health Fair, scheduled to take place on Friday. The fair, organised under the Ministry of Health, will include participation by Bermuda Cancer and Health, the Bermuda Diabe...

Bermuda-based XL Group plc is about to step up and be a lead excess casualty market in the US. The company’s Excess Casualty North American Umbrella team has launched a new umbrella policy form. Lorraine Seib, President of XL’s Excess Casualty group...

Last week we looked at some of the benefits of digital photography vs that of traditional film cameras and the data was quite compelling. This week we’ll explore the point and shoot style digital cameras in detail. The term point and shoot says it al...

Lancashire Holdings Limited has entered into a new $350 million five-year letter of credit and revolving facility with Lloyds TSB Bank PLC as administrative agent and issuing bank and Barclays Bank PLC as syndication agent. The facility is a renewal...

AM Best has downgraded and withdrawn the credit ratings of Omega Specialty Insurance Company Limited (OSIL), a subsidiary of Bermuda-based Omega Insurance Holdings. OSIL, which has stopped writing third-party business, saw its financial strength rati...

Greenrock is calling for the public to pledge an “act of green” in celebration of Earth Day. The organisation will join groups around the world to mark Earth Day 2012 on April 22. That effort will see the creation of an online calender where individu...

Bermuda re/insurer Axis Capital Holdings Ltd has spent $250 million buying back 2.46 million of its Series B preference shares through a tender offer. The shares carried a 7.5 percent token and the company paid a purchase price of $102.81 per share. ...

The sale of Ariel Re’s Bermuda-based insurance and reinsurance operations to Goldman Sachs has been completed. Goldman Sachs and Ariel Holdings Ltd announced yesterday that the transaction had been pursuant to the acquisition agreement announced on M...