All the headlines from our Bermuda Topic Page, ordered by recency.
Apr 20 2001 // Dublin-based insurer ACE European Markets Insurance Ltd. will expand the ACE Group’s activities in the London market with the opening of a new office in the city to be headed by Stephen French, currently the...
Apr 17 2001 // Bermuda’s XL Capital Ltd. announced that its new headquarters were ready, and that it was relocating “from Cumberland House to XL House, a purpose-built office facility the Company owns near the center of...
Dec 26 2000 // Everest Reinsurance (Bermuda) Ltd., a subsidiary of the Everest Re Group announced that it has “acquired AFC Re Ltd., a Bermuda based annuity/life reinsurer, from AFC Holdings Ltd. for approximately $17 million in a...
Dec 11 2000 // The taxation of foreign insurers, reinsurers, captives banks and financial service providers, involves some very complex international issues, heavily charged with “political considerations.” HR 4192, or the...
Dec 7 2000 // Hugh Rosenbaum, a retired consultant with Tillinghast-Towers Perrin, speaking at the 10th Annual World Captive and Alternative Risk Financing Forum, sees recent Bermuda legislation as increasing the use of offshore captive...
Nov 20 2000 // Continuing its specialized growth strategy, Bermuda based Overseas Partners Ltd.(OPL) announced that it has acquired “a team of finite risk professionals from Stockton Re, Bermuda, a recognized leader in the finite...
Nov 15 2000 // Moody’s Investors Service has issued its annual report on on Bermuda, reaffirming its “Aa1 rating for foreign currency country ceiling and its Aaa domestic debt credit rating.”The ratings, said...
Nov 14 2000 // Guy Carpenter and Company, the reinsurance arm of Marsh Inc. has announced the opening of offices in Bermuda to be headed by Bert Golinski, who “will maintain responsibility for his current US-based and Bermuda...
Oct 24 2000 // Trilon Financial Corp., one of Canada’s leading financial services companies, announced the formation of Imagine Reinsurance Holdings in Bermuda with initial capitalization of $200 million, which it hopes to increase...
Aug 17 2000 // Global Risk Exchange (GRX) received a big boost Wednesday with the announcement that two Bermuda based insurance investment vehicles Oil Investment Corporation Ltd. (OICL) and Oil Casualty Investment Corp.,Ltd. (OCICL) had...
Jun 20 2000 // In an apparent attempt to head off the consequences of a soon to be issued report 6 countries – Bermuda, the Cayman Islands, Cyprus, Malta, Mauritius and San Marino (a tiny enclave within Italy-not the city in...
Jun 10 2000 // ACE Bermuda, a subsidiary of ACE Limited, has announced the formation of a new group, ACE Financial Solutions International (FSI), to provide “non-traditional insurance and finance related solutions to international...
Apr 19 2000 // The Chartered Property Casualty Underwriters Society has officially entered international waters with the induction of the new Bermuda Chapter. The board of governors approved the new chapter at the Society’s winter...