Bermuda-based Omega Insurance Holdings has replaced its chief executive officer following a boardroom battle that brought in six new directors.
The new CEO is Richard Pexton, formerly CEO of Argo Grou...
Bermuda has concluded negotiations of a tax information exchange agreement (TIEA) with the Republic of South Africa that will be signed later this year.
Finance Minister Paula Cox announced the news ...
Insurer and investment company BF&M Ltd. has announced it will be maintaining its 20 cents per share dividend for shareholders of record at March 31, payable on April 15.
The announcement means the co...
The 23 re/insurers who make up the membership of the Association of Bermuda Insurers (ABIR) and Reinsurers last year wrote $61 billion in gross premiums and racked up combined earnings of $12.4 billio...
Butterfield Bank's share price is trading well above its "normalised value", according to one analyst.
Nathan Kowalski, of Anchor Investment Management, a chartered financial analyst, estimates the no...
Many Bermuda international insurance companies will likely move their holding companies elsewhere within the next few years, according to a leading industry figure.
Flagstone Reinsurance Holdings Ltd....
Plans to create a Bermuda Insurance Exchange have been put to Government, Flagstone Reinsurance Holdings Ltd. chairman Mark Byrne revealed yesterday.
During a panel discussion on the attempts to resur...
Bermuda Press (Holdings) Ltd. (BPH) yesterday reported a profit of $63,000 for the year through September 2009 — a 96 percent fall from the prior year's earnings of $1.78 million.
The owner of The Roy...
Rising sea level and more frequent high-intensity storms are two of the likely results of climate that will have a serious impact on the insurance industry.
That is the view of Bermuda Institute for O...
XL Capital chief executive officer Mike McGavick said he's "jealous" of American International Group's continuing support from the US Government.
The notion that some financial institutions were "too ...
