Around half of the 37 Bermuda-based employees of Platinum Specialty Underwriters Holdings Ltd have accepted redundancy packages after the reinsurer was bought out by RenaissanceRe Holdings Ltd, The Ro...
Butterfield Bank today reported net income of $98.3 million for 2014, up by more than 25 per cent from the previous year.
The results represented a fourth consecutive year of earnings growth for Butte...
LF Wade International Airport is the place to hang out if you want to find out who’s buying whom in the reinsurance industry, according to XL Group chief executive officer Mike McGavick.
His comments ...
Bermuda is exploring ideas on how to broaden its tax base — and is working with an organisation which has helped several Caribbean islands to introduce value-added tax (VAT).
Finance Minister Bob Rich...
The Bermuda Government will have to borrow another $125 million in the next fiscal year, adding to its $2 billion-plus of outstanding debts.
Of the $800 million that the Government borrowed less than...
Bermuda is likely to emerge from recession this year, according to projections by the Ministry of Finance.
Analysts from the Ministry estimate that the economy will grow by up to 1.5 per cent next yea...
Freisenbruch-Meyer Group (FMG) has come up with a new insurance policy specifically to cover the risks of the growing vacation rentals sector.
The rise to prominence of websites such as Airbnb.com has...
Norway-listed chemical shipper Eitzen Chemical has urged its shareholders to accept an exchange offer that will see the company move to Bermuda.
Eitzen established Team Tankers International (TTI) as ...
RenaissanceRe Holdings Ltd’s acquisition of fellow Bermuda reinsurer Platinum Underwriters Holdings Ltd has moved a big step closer.
RenRe has cleared all regulatory hurdles necessary to complete the ...
Reinsurance veteran Don Kramer’s latest Bermuda start-up venture has got off to a flying start.
In its first full year of operations, ILS Capital Management Ltd generated a 19.7 per cent return for in...
