Bermudian insurer Hiscox Ltd wrote more business last year but profits fell 6.5 per cent mainly due to dwindling investment returns.
Hiscox said full-year profit fell to £216.1 million from £231.1 mil...
The boom in the catastrophe bond market is leading some experts to voice fears that investors do not fully understand the risks they are taking on — and so they could flee in a panic in the event of a...
Energy and optimism are high after Ace Ltd’s $29.5 billion takeover of US insurance giant Chubb Ltd.
That is the view of chairman and chief executive officer Evan Greenberg, who last night said the co...
XL Catlin is aiming to tap into the booming Indian economy.
The global insurer and reinsurer has started the licensing process to establish a reinsurance branch in India.
The application has been file...
Company directors would be better positioned to make decisions in a fast-changing world if they consult with an “under-25 mentor”.
That is the view of Charlotte Valeur, a corporate governance adviser,...
Bermuda-based insurance services company Randall & Quilter Investment Holdings (R&Q) has rounded off 2015 with a flurry of deals.
On Christmas Eve, the firm announced the novation of liabilities for p...
Bermuda-based bond insurer Assured Guaranty has struck a deal with Puerto Rico’s indebted electric company and its bondholders that will enable the utility to restructure about $8.2 billion of debt.
T...
Expect more merger activity in a tough insurance industry that is getting tougher, top executives told conference delegates in Hamilton yesterday.
A wave of consolidation has swept through Bermuda’s f...
Broad-based tax increases were among the key recommendations of an independent report on the Bermuda’s Government’s efforts to stabilise its finances.
The Fiscal Responsibility Panel (FRP), made up of...
A new advisory body set up to help Bermuda safeguard its economy from systemic risks met for the first time yesterday.
The Financial Policy Council (FPC) will aim to monitor areas of potential financi...
