The ‘merger mania’ that has swept through the Bermuda insurance market is unlikely to let up any time soon, according to a special report by AM Best.
The New Jersey-based credit rating agency argues t...
Bermuda CableVision is to merge with Logic Communications Ltd.
The news was announced today by telecommunications group KeyTech Ltd, Logic’s parent company, after it secured ownership of 100 per cent ...
Bermuda’s insurance marketplace attracted 45 new companies during the first half of this year — some of them major players.
Financial regulator the Bermuda Monetary Authority said this was on a par wi...
Bermuda must wait a few more weeks to find out whether its insurance regulation will be deemed equivalent to the new standards being introduced in the European Union.
Legislative changes passed by the...
A London-based private-equity group is reportedly in talks to buy a unit of law firm Appleby.Sky News in the UK reported that Bridgepoint is seeking to take over Appleby’s Fiduciary and Administration...
Don’t expect interest rates to bounce back sharply any time soon.
That’s the advice from HSBC’s global head of fixed-income research Steven Major, who expects predicts that the US Federal Reserve will...
A Bermuda company has a $2 billion plan to lead the Island to energy independence within ten years.
The ambitious project, which aims to give the Island an electricity supply fuelled entirely by renew...
Shares of Bermuda-based bond insurer Assured Guaranty plunged more than 13 per cent in New York trading yesterday after Puerto Rico’s Governor described the island’s $72 billion debt as “unpayable”.
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Insurer Argus Group Holdings Ltd posted an annual profit of $16 million — despite taking a hit from hurricanes Fay and Gonzalo.
The earnings for the year through the end of March 2015, which broke dow...
Insurance industry veteran Brian Duperreault says unintentional discrimination is holding back women in the insurance industry.
And the Hamilton Insurance Group chief executive officer added that indu...