The US Securities and Exchange Commission's motion for a partial summary judgement against defendants including Bermuda-based broker-dealer Lines Overseas Management Ltd. has been denied by a US judge...
Bermuda's international business sector paid out record compensation of more than a quarter of a billion dollars to its Island workforce in the first three months of this year.
The figure was revealed...
The state of the Bermuda insurance market and its future will be discussed by a string of industry heavyweights in the Insurance Day Summit Bermuda this week.
The event, at the Fairmont Hamilton Princ...
The new regulatory authority planned under the Government's proposed reform of the telecommunications industry will cost up to $9 million a year, industry representatives have been told.
The new body ...
Finance Minister Paula Cox was in Brussels last week for talks with European Union officials as the Island strives to stay ahead of rival jurisdictions in the race to gain recognition for its regulato...
The Docksiders bar on Front Street will tomorrow stage a grand re-opening after refurbishments to coincide with the opening day of football's World Cup.
Co-owner Reed Young said the changes were aime...
Gerova Reinsurance Ltd. has won approval from regulator Bermuda Monetary Authority to establish a new life reinsurance operation on the Island.
The company will be headed by Lou Hensley, chief executi...
The class of 2005 reinsurers who set up in response to a spike in demand after Hurricane Katrina may start to disappear as some institutional investors seek to pull out their money.
That is the view o...
The boss of Bermuda-based re/insurer Catlin Group Ltd. has admitted that insurers have "got lucky" in that only about 20 percent of the losses so far from the Gulf of Mexico oil spill have been borne ...
Bermuda-based reinsurers face weakening earnings after heavy catastrophe losses already in the first five months of the year.
That is the view of credit rating agency Standard & Poor’s, which also bel...
