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Jay Fishman, who built New York-based Travelers Cos. into one of the world's biggest insurers, lamented that disparities in tax rates are pushing established rivals and industry newcomers outside the ...
Qatar Re will transfer its seat of incorporation from the Qatar Financial Centre to Bermuda, during the 2015 fourth quarter. The move, subject to regulatory approvals, is designed to expand the ...
PaCRe Ltd. must deal with a negative outlook from A.M. Best, which has also withdrawn its ratings of the fledging, Bermuda-based reinsurer. The ratings statement does include some good news. A.M. ...
A bulletin from Bermuda notes that the island's parliament took regulatory action this week to align its regulatory insurance procedure. The goal: recognition by the European Commission as being ...
EXOR lost its bid in a Bermuda court to obtain PartnerRe's non-public ownership details, losing access to information that would help it lobby shareholders directly about its $6.8 billion all-cash ...
PartnerRe may be moving ahead on merger plans with AXIS Capital Holdings, but upstart bidder EXOR isn't going away quietly. The Italian investment firm disclosed that it is suing in a Bermuda court ...
Investment vehicles set up by Paulson & Co. and Highbridge Capital Management in tax-friendly Bermuda may be under threat from the U.S. Internal Revenue Service. The IRS, in proposed rules ...
A working group of the National Association of Insurance Commissioners (NAIC) has recommended the Bermuda Monetary Authority (BMA) for approval as a "qualified jurisdiction" under the NAIC's ...
Characterizing details of an announcement by the board of Aspen Insurance Holdings rejecting another cash-stock offer from Endurance as "combative," Endurance offered its own view of what it termed ...
Aspen Insurance Holdings announced Monday that its board of directors has unanimously rejected a $3.2 billion takeover bid from Endurance Specialty Holdings announced hours earlier, calling the ...
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