Cayman Islands holding company Stockton Holdings Ltd., the parent to Bermuda-based Stockton Reinsurance Ltd., has completed a private placement of some $173,500,000.
About two thirds of it represents ...
The combined capital and surplus of Bermuda's Class Four insurers and reinsurers grew last year by a significant six percent to $9.4 billion.
But in the prolonged period of a soft market, gross premiu...
control for expediency'' with the proposed changes to the Companies Act 1981 has been dismissed by Finance Minister Grant Gibbons.
The claim is in an article in Miami-based newsletter, Offshore Alert,...
for baked goods in the Washington Mall on Church Street.
BAS CEO Eugene Bean said yesterday that the previously announced plan to give Crow Lane Bakery products a mid-town presence has already met tar...
first part of the The Bermuda Scholars Programme '98, a week-long, intensive three credit course on Global Insurance and Risk Management.
College of Insurance professor, Dr. Charles Edinger, introduce...
Increased revenue from new subsidiaries has improved Bermuda Press (Holdings) Ltd.'s six month net income to March 31 to $1,078,218 -- a more than 63 percent increase over the same period in 1997.
Ear...
to February 28, after the company put heavy emphasis on research, development and patenting of new processes for the production of acetylene and related products during the last two years.
The $6.1-mi...
The top insurance regulator in the state of Massachusetts can be expected to petition the Bermuda Supreme Court in an effort to take control of controversial insurer, Electric Mutual Liability Insuran...
ACE Insurance Co. Ltd. has increased gross capacity on any single satellite risk, a Bermuda Insurance Institute seminar heard yesterday from Jeff Cassidy senior vice president, satellite underwriting/...
officer, Sarath Wikramanayake has resigned.
The Sri Lankan-born chartered accountant has been with the bank for 17 years and finishes up at the end of the month.
He said yesterday, "I'm just carrying ...