Axis Capital Holdings Ltd. swung to a third-quarter profit of $239 million despite suffering an estimated loss of $85 million related to September's New Zealand earthquake.
The net income broke down t...
More transparency in the tendering process for public projects is one thing the Construction Association of Bermuda (CAOB) would like to see from the new government of freshly elected Premier Paula Co...
Bermuda will be among the first wave of countries to be assessed for equivalence with the new Solvency II regulations for insurance companies, the European Commission confirmed on Friday.
Switzerland ...
As the economy struggles in the wake of the worst financial crisis in generations, the value of financial knowledge has rarely been so apparent.
It was with that in mind that Riquette Bonne-Smith, exe...
XL Group plc has appointed Gregory Hendrick to lead the insurer's new Office of Strategic Growth.
And the company has hired back Bermudian Charles Cooper to replace Mr. Hendrick as chief underwriting ...
New Bermuda-domiciled insurer Paraline Group Ltd. will bide its time before seeking to expand its business.
Paraline's chief executive officer Jack Graham said the company planned to increase its capa...
Bermuda-based re/insurer Endurance Specialty Holdings Ltd. last night reported net income of $139.1 million for the third quarter.
Net premiums written rose nearly 14 percent over the same period last...
RenaissanceRe Holdings Ltd. made a profit of $204.8 million in the third quarter — despite taking a $73.6 million hit from an earthquake in New Zealand.
But operating income, which excludes one-off it...
Bermuda-based Assured Guaranty Ltd. yesterday lost the bond insurance industry's last AAA credit rating, which had helped the company to dominate the US municipal bond insurance market.
But US billion...
Arch Capital Group Ltd.'s third-quarter profits fell by nearly half compared to 2009, as catastrophe losses climbed as premium revenue fell.
The Bermuda-based insurer and reinsurer said last night tha...
