Markel Corporation has closed its property-catastrophe reinsurance unit, impacting a team of about 25 people in Bermuda, The Royal Gazette understands.
Some of the impacted staff have been offered jo...
A year after Ascendant Group’s shareholders approved the company’s takeover by Canadian firm Algonquin Power and Utilities Corp, the proposed transaction is still being assessed by the electricity sec...
Bermuda is preparing to sell at least $500 million in new notes next week, the Latin Finance website reported.
The manoeuvre is aimed at refinancing government debt in an effort to lock in a favourabl...
Third Point Reinsurance Ltd reported third-quarter earnings of $54.7 million, as its investment returns comfortably outstripped underwriting losses.
The Bermudian reinsurer also announced that John B...
Hiscox has lowered its estimates of losses from third-quarter hurricanes and said it was seeing signs of markedly improved rates.
The Bermudian-based insurer and reinsurer said this morning in its int...
Insurance investment firm Cedent Ltd has teamed up with Nephila Capital to create a new Bermudian-based firm to advise corporations and countries on managing climate risk.
Resilience Economics Ltd wil...
Bermudian-based Markel CatCo Investment Management Ltd has raised more than $1.8 billion for its private fund from existing and new investors — and next month it intends to raise more new capital.
The...
Blue Capital Reinsurance Holdings Ltd said its book value fell 28 per cent during the third quarter.
The plunge was driven by a $51.9 million net loss for the collateralised reinsurer, driven by hefty...
A conference focused on offshore financial centres is planning an extra session on the hacking of law firm Appleby and its consequences.
Meanwhile fallout from the breach surfaced in the Isle of Man, ...
Aspen Insurance Holdings Ltd intends to slash a total of $160 million off its expenses over the next three years through an efficiency overhaul.
The Bermudian-based insurer and reinsurer described th...
