It was the “clash of the titans” yesterday, as two powerful corporate boards squared off in another round of a public battle for control of Bermuda-based Aspen Insurance Holdings Limited.
The battle r...
Domestic insurer BF & M has reported a sizeable increase in first quarter earnings and raised its dividend to shareholders.
But the company downplayed the earnings jump as derived from one-off revenue...
Bermuda has again been singled out and labelled “a tax haven” by US legislators as they last week attached an amendment to US federal funding measures, seeking to block federal contracts to former Ame...
The Bermuda Commercial Bank has a new home.
The bank completed the acquisition of the city property the LP Gutteridge building on Par-la-Ville Road in Hamilton, according to a half-year earnings state...
Clarien Bank Limited has named former US Consul General to Bermuda, Gregory Slayton, to its board as an independent director.
The bank said in a statement that his appointment is consistent with Clari...
A liquid balance sheet and high capital levels has garnered the Bermuda Commercial Bank affirmation of its Long- and Short-term Issuer Default Ratings (IDRs) of ‘BBB-/F3’ and a stable rating outlook f...
A proposal to drag Belco power generation into the 21st century could eventually cost half a billion dollars, the company said in an interview yesterday.
It would include, in one of the first stages, ...
White Mountains Insurance Group, Ltd. is entering the $15-billion a year travel insurance market in a 50/50 joint venture with DavidShield for the development, marketing and distribution of travel ins...
The Ascendant Group will soon unveil a multiyear energy plan which they say will revolutionise the Island’s power supply and begin transitioning Bermuda toward cleaner, more efficient and lower cost e...
Ignition Technology Group Ltd has developed a new Rapid Technology Platform to help start-up firms, including new Insurance Linked Securities (ILS) Companies, establish a ready-to-use technology envir...