ACE Ltd. and the "A'' (Excellent) ratings of Tempest Reinsurance Co. Ltd. and CAT Ltd., in the aftermath of the ACE deal that is to merge CAT and Tempest Re into a billion dollar property catastrophe ...
Safety Insurance Group, Ltd. net earnings for the year to December 31 rose 10.1 percent to $3,211,015 or $1.08 per share.
Net premiums earned shot up 95.4 percent to $8,347,107. Total revenues increas...
Bermuda property catastrophe reinsurer, CAT Ltd. for $711 million in cash, subject to regulatory approvals and certain post-closing adjustments.
The latest deal, brings the ACE group to assets of more...
"inappropriate'' and "grossly improper''.
That position was taken before the Privy Council in London adjourned to consider a ruling in the EMLICO dispute.
The Privy Council was hearing an appeal over ...
accusing London reinsurers of seriously impeding the efficient winding up of the insolvent insurer by their conduct in litigation over a Superfund site.
They have moved their lawsuit against London re...
(Bermuda) Ltd. is back. And they are aiming to wipe out their bank debt by the end of the fiscal year.
The firm said it is now in a healthy state and has re-established relations with the franchise's ...
On the eve of an ambitious scheme to begin publishing its weekly newspaper twice-weekly, Island Press (Holdings) Ltd. has again declared a net loss for the year. The annual results for the year to Sep...
what Bermuda executives have been speculating about for some time -- a new acquisition target.
It is believed that the burgeoning Bermuda insurer, as early as today, could announce they have bought th...
opportunity to study the legislative result of the decision announced in the UK Chancellor of the Exchequer's new budget which would retrospectively tax offshore trusts that had previously escaped tax...
Bermuda is a well-wired "information Island'', the world's premier offshore financial centre and user-friendly in terms of regulation, leading mutual fund officials were told yesterday at a Bermuda-sp...