recent decision of Parliament's Private Bills Committee, which did not support the Bank of Bermuda's waiver petition for an exemption from the 60/40 rule.
And there was a hint this week that the bank ...
drafted legislation that could be tabled as early as Friday -- but which won't be considered by legislators until the next session of Parliament.
But the proposed new measures will not amount to a dis...
A major beneficial shareholder in Bermuda jewellery retailer, Astwood-Dickinson Co., is being sued by one of the largest jewellery distributors in the Caribbean.
Named in the action is Stephen G.E. Cr...
shareholder approval at a special general meeting to cease operations and begin the process of distributing the real value of the company's stock to shareholders.
Management said yesterday that the bu...
ACE UK subsidiary, ACE Underwriting Services (AUS), established at the beginning of the year, will initially market products underwritten by Syndicate 219, but is expected to eventually work on behalf...
Bermuda is well-positioned as a laboratory for innovative solutions in risk transfer, insurance brokers in the Western United States were told this week.
The brokers, attending a conference in Phoenix...
Research Ltd. (SURL), for an undisclosed amount.
Moody's is a leading provider of credit ratings, research and analysis covering debt instruments and securities in the global capital markets.
Founded ...
A review of merger activities of Bermuda-based insurers, ACE and EXEL, has concluded that ACE is likely to be under greater pressure to find another suitable take-over target.
And a leading insurance ...
Bermuda has an opportunity to attract more European captive business at The 2nd Gibraltar Conference on Offshore Insurance this November, with at least two Bermuda insurance executives participating i...
Plagued by a significant drop-off in winter advertising revenue and diminishing returns, Bermuda Magazine has been forced to rethink its product.
Publisher Bermuda Marketing Ltd., which releases the f...