Shares of Tower Group International Ltd soared more than eight percent yesterday after investors appeared to regain confidence that its proposed merger deal with fellow Bermuda insurer ACP Re Ltd woul...
Shares of insurer Tower Group International Ltd plunged to a record low yesterday on investor concerns that its planned merger deal with fellow Bermuda company ACP Re would not go through.
Tower decli...
Shareholders of Bermuda-based Aspen Insurance Holdings Ltd will ultimately decide whether Endurance Specialty Holdings Ltd’s hostile bid to take over their company will succeed — and on Friday both co...
Bermuda needs to maintain personal contact with French government officials to avoid “nasty surprises” like the punitive measures meted out to the Island last year, according to Finance Minister Bob R...
Bermuda has a major opportunity to get involved in “shadow banking”, according to a top fixed-income asset manager.
Cliff Corso, chief executive officer of New York-based Cutwater Asset Management, wh...
The acquisition of US insurer Western World Insurance Company represents a significant strategic development for Validus Holdings Ltd, as it provides the Bermuda re/insurer with a platform in the worl...
Florida politicians do not understand how much risk their state is taking on through its publicly run catastrophe fund.
And Bermuda’s reinsurance industry needs to work harder to get across the messag...
Bermuda re/insurer Validus Holdings Ltd has agreed to acquire US insurer Western World Insurance Group, Inc for $690 million in cash.
Validus CEO Ed Noonan said last night that the combination with th...
Confidence is growing that an economic recovery is under way in Bermuda, according to a long-standing quarterly survey.
The Bermuda Omnibus Survey reveals that more than half of people — for the first...
Tokio Millennium Re’s (TMR) new US branch has received a licence to do business.
The company, which has offices in Bermuda having been established on the Island in 2000, said yesterday that the US bra...
