London-based insurer Chaucer Holdings Plc has decided to remain a UK company — for now — after looking at whether it should change domicile.
The company announced earlier this year that it was underta...
Terrorism insurance rates could rocket and coverage would become hard to obtain for the most vulnerable areas if the US Government discontinues its terrorism insurance backstop.
That is the view of le...
The impact of the Gulf of Mexico oil spill on the tourism industry has prompted Bermuda-based insurer Ironshore to offer better protection against such events to the sector.
Ironshore Environmental ha...
HSBC Bermuda mortgage holders face higher repayments after the bank announced yesterday it would increase its lending rate by 0.25 percent next month.
The increase, which becomes effective on Septembe...
Five entrepreneurs are being offered the chance of an all expenses paid trip to London in a competition sponsored by British Airways in conjunction with the Bermuda Small Business Development Corporat...
The impact of the Gulf of Mexico oil spill on the tourism industry has prompted Bermuda-based insurer Ironshore to offer better protection against such events to the sector.
Ironshore Environmental ha...
Bermuda-based specialty re/insurer Hiscox Ltd. saw its profits plunge by nearly a third in the first half of the year, on heavy catastrophe claims.
Hiscox, which is domiciled on the Island and also ha...
Insurer, pension provider and investment company BF&M Ltd.'s insurance operating companies have seen their financial strength rating affirmed at A (excellent) by rating agency AM Best Co.
But the New ...
Hedge fund manager Paolo Pellegrini — whose PSQR Capital Management has an office in Bermuda and who helped Paulson & Co. to make $3 billion out of the bets on the US housing crash — is to return mone...
Bermuda-based Catlin Group has seen the financial strength ratings of its operating subsidiaries affirmed at A by ratings agency AM Best Co.
The New Jersey-based ratings agency said in its ratings com...
