Florida Insurance Commissioner Kevin McCarty was reportedly in Bermuda last week to meet leading reinsurance industry figures.
The Florida-based examiner.com news website reported that the state's to...
Allied World Assurance Company's redomestication from Bermuda to Switzerland will have minimal impact on the company's Bermuda-based staff — but some executives will relocate.
That was the message fro...
Allied World Assurance Company Holdings Ltd. plans to move its holding company from Bermuda to Switzerland, the nine-year-old company announced last night.
In a statement, Allied said its board of dir...
Flagstone Reinsurance Holdings, SA last night announced an estimated loss of $52.5 million from the New Zealand earthquake three weeks ago.
The quake, which measured 7.1 on the Richter scale, wrecked ...
Improvements to Bermuda's legal infrastructure are needed to ensure that the Island has the framework to fully meet international standards in transparency on taxation matters.
That was the verdict de...
A report on Bermuda's progress in meeting international tax transparency standards will be made public at a major international conference in Singapore today.
The Island is expected to pass the test —...
Bermuda-based Apex Fund Services is expanding into Canada, with the opening of a Toronto office.
The fund administrator which started up on the island seven years ago now has a presence in 15 countrie...
Bermuda reinsurers are lining up to boost business in Florida, where regulators are lowering their hurdles to non-US reinsurers.
Yesterday Hannover Re announced that its Bermuda unit stood to gain fro...
Nobody enjoys buying insurance — but it underpins the global economy, Catlin Group boss Stephen Catlin said in a speech in London this week.
After his investiture as president of the Insurance Institu...
Bermuda-based investment firm LOM (Holdings) Ltd., as well as brothers Scott Lines and Brian Lines, have agreed to settle with US financial regulator, the Securities and Exchange Commission (SEC), ove...