Bermuda-based Lancashire Holdings Ltd. is to pay out a special dividend to shareholders that amounts to nearly 15 percent of yesterday's closing share price.
The company made the announcement as it re...
Shares of insurer Argus Group Holdings Ltd. will resume trading on the Bermuda Stock Exchange (BSX) today as the company lifted a voluntary suspension that has lasted three months.
The company simulta...
"Charting A Path Through The Soft Market" will be the theme of an insurance conference featuring some of leading lights of the Bermuda market that starts in Hamilton tomorrow.
CEOs speaking at the two...
Allied World Assurance Company Holdings Ltd. has agreed to pay more than $220 million to buy out some of its founding shareholders.
Saturday's announcement from the nine-year-old Bermuda-based re/insu...
New Premier Paula Cox intends to extend the agreement that gives international companies an exemption from local corporate taxes.
The current Exempted Tax Certificate expires in 2016 and is a cornerst...
Butterfield Bank announced a third-quarter net loss of $18.6 million last night, as results were impacted by problem loans to hospitality projects in Bermuda and The Bahamas.
The bank made provisions ...
Butterfield Bank made a net loss of $18.6 million in the third quarter as problem loans to hotels ate into earnings.
The bank made provisions of $14.2 million against the loans to hospitality projects...
XL Group plc last night announced a new $1 billion share buyback programme, as it swung to a $77.5 million profit for the third quarter.
The global business insurer, which moved its domicile from the ...
A cash register that started its working life at Gosling's more than a century ago has been returned to its former home.
Yesterday Arthur Tatem, who has owned the antique for the past 40 years, prese...
Bermuda-based re/insurer Alterra Capital Holdings Ltd. last night posted net income of $82.8 million for the third quarter.
Alterra, formerly known as Max Capital Group Ltd., was formed on May 12, 201...
