Bermuda’s property and casualty re/insurers will likely see their profit margins come under pressure in 2014, according to stock research analysts Keefe, Bruyette & Woods (KBW).
In a report published ...
Bermuda’s imports have risen significantly in each of the first three quarters of this year, the latest Government statistics reveal.
The Government’s detailed quarterly statistics show that the value...
Investors led by insurance industry veteran Brian Duperreault have made a deal to buy out Bermuda reinsurer SAC Re.
The company, which was launched with the backing of billionaire trader Steve A Cohen...
Retailers took 0.1 percent more at the till in October this year than in the same month last year, driven by a 9.3 percent increase in motor vehicle sales.
However, after inflation was taken into acco...
Butterfield Bank has been named Bermuda’s Bank of the Year by international banking industry magazine The Banker.
Butterfield also scooped the same award in the Cayman Islands.
The Banker, an FT publi...
Somers Ltd, owner of the Bermuda Commercial Bank, is seeking to buy out London-based broker Westhouse Holdings PLC.
The Bermuda Stock Exchange-listed Somers already owns a 46.1 percent stake in Westho...
Financial regulator the Bermuda Monetary Authority (BMA) is in talks aimed at allowing alternative fund managers based on the Island to market their investment products in Germany.
The confirmation of...
Investors interested in an expected near five percent annual return offered by a new Bermuda Government bond issuance can learn more at two public information sessions next week.
The events will take ...
Expect to see more hedge fund managers setting up reinsurance companies in Bermuda as a way of boosting their investment returns.
That was one of the takeaways from the seventh annual EY Hedge Fund Sy...
Bermuda’s reinsurers are operating in an increasingly competitive market with margins likely to be squeezed further by a combination of growing competition from third-party capital and decreasing dema...
