Fidelity fund group biggest investor in Bermuda insurance market

The Boston-based Fidelity Management and Research group is the broadest investor in the Bermuda insurance market, XL Capital has the oldest directors and the directors of Stirling Cooke Brown Holdings are not only the youngest – with an average of just 40 – but also the fewest in number. Directors and officers of Stirling Cooke also own more of their company than for any other firm.
These are some of the results of a comprehensive survey of the ownership and governance of Bermuda-based, publicly-listed insurance entities by Miami-based Offshore Business News & Research Inc., which publishes this newsletter.