Bermuda-based Mutual Risk Management Ltd. (MRM) has declared $37,032,000 in net income available to common shareholders for the year to December 31, a near 23 percent improvement over the year to 1995...
The Bermuda Insurance Symposium reconvenes this morning at the Southampton Princess Hotel for a second day of deliberations on issues affecting the insurance and reinsurance industry.
Symposium chairm...
Guernsey-based Wilde & Co. Group for a new Guernsey branch operation for Mutual Indemnity (Bermuda) Ltd. (MIL) and a new captive operation, Mutual Risk Management (Guernsey) Ltd.
MRM (Guernsey), will ...
reinsurers will continue toward more consolidation in the future, with mergers and acquisitions.
That was the view espoused by chairman of Centre Reinsurance Companies and Zurich Reinsurance Centre Ho...
Tough, new legislation to improve controls against money-laundering will be finalised through a joint effort of the Ministry of Finance, the Attorney General, the Ministry of Labour, Home Affairs and ...
Government analysts predict further growth in Bermuda's economy during the year, with nominal growth in gross domestic product (GDP) projected at five percent.
That was the assessment of the 1996 Econ...
Finance Minister Grant Gibbons yesterday confirmed that public accounts will adhere to new accounting standards as of the consolidated fund financial statements for the year to March 31, 1995, which a...
On the eve of the presentation of a new Government budget, just-released figures for the fiscal year ending nearly three years ago show a government need in future years to raise taxes to pay for sign...
chairman of Centre Reinsurance (Bermuda) Ltd., Steven Gluckstern has said.
Doubling as chairman of Centre Reinsurance Holdings Ltd., Mr. Gluckstern also noted in a telephone interview from his New Yor...
to adhere to underwriting discipline, a local reinsurer has said.
President and CEO of IPC Re, John Dowling, expressed concern that market competition and rating softness has led some reinsurers to wr...