Fitch Ratings said yesterday that its downgrade of Bermuda’s credit rating — announced last Friday — does not currently impact Fitch’s ratings of Bermuda-domiciled insurance companies.
The Island’s i...
Soaring health insurance premiums are a major driver of the increase in the cost of living, the latest Government statistics reveal.
The Consumer Price Index, released by the Department of Statistics ...
More than 1,200 Bermuda-based banks, trust companies, insurers and investment entities have signed up with the US tax authorities to comply with a law designed to fight tax dodging by Americans.
The U...
Endurance Specialty Holdings Ltd has increased the value of its takeover offer for fellow Bermuda re/insurer Aspen Insurance Holdings Ltd and is making moves to shake up the Aspen board of directors.
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Fitch Ratings has downgraded the Bermuda Government’s credit rating by a notch, but predicts a return to economic growth for the Island next year.
The Island’s long-term bond rating from Fitch is now ...
Dark n’ stormy and golf are a perfect match — and that is helping the Bermudian beverage company Gosling’s to drive up sales in the US with promotional spin-off benefits for the Island.
Yesterday, Gos...
Fitch Ratings has downgraded the Bermuda Government’s credit rating by a notch, in the wake of a fifth consecutive year of recession in 2013.
In its commentary, the rating agency says Bermuda has a we...
Fast-growing Bermuda-based fund administrator Equinoxe Alternative Investment Services Ltd today announced a strategic relationship with Asia-focused HFO Pty Ltd that opens up significant expansion op...
Amlin plc warned on increasing competition in the property and catastrophe reinsurance market as it reported that gross premiums written grew five percent during the first quarter, driven by strong gr...
Good food, friendly service and Bermudian staff out front dealing with customers — that is the formula that has enabled the group that owns the Flanagan’s restaurant to expand through a lingering rece...