Argus Group Holdings Ltd made a net loss of $3.9 million for the six months ended September 30, 2011, driven by a soured investment in a Bermuda-based reinsurance company, the company announced yester...
Life insurance policyholders of the folded British-American Insurance Company (BAICO) will get back at least some of the money they are owed by Christmas.
The Official Receiver, Stephen Lowe, announce...
A delegation from Bermuda is in Montreal today seeking to drum up captive insurance business for the Island.
Today’s Bermuda Captive Breakfast Seminar follows a similar event at the Fairmont Royal Yor...
Government has come out against forcing CellOne to provide interconnection to Digicel-Transact’s new long-distance service.
A statement from CellOne said on Friday that the Attorney General’s Chambers...
Bermuda-based reinsurer Platinum Underwriters Holdings last night posted a $53.5 million net loss as catastrophe claims impacted results.
For Platinum, the first of the major Bermuda commercial re/ins...
Bermuda Motors has made five redundancies in its spare parts and sales departments.
All those who lost their jobs were either Bermudians or spouses of Bermudians and were given severance packages.
The...
Bermuda Motors has made five redundancies in its spare parts and sales departments, The Royal Gazette can reveal.
The company said the job losses came as a result of “the review of the Bermuda Motors ...
Bermuda-based Torus Insurance Holdings Ltd is set to buy its way into the Lloyd’s of London market after agreeing to purchase Broadgate, which underwrites through syndicate 1301, from Clal Insurance E...
Reinsurance executives gathered in Monte Carlo this week believe there are good reasons why property and catastrophe rates should rise but there is less confidence that there will be any broader marke...
New Bermuda reinsurer Third Point Re has $500 million in capital, two investors involved revealed to Bloomberg News.
And Third Point LLC, the $8 billion New York-based hedge fund founded by Daniel Loe...
