Bermuda has an "excellent opportunity to become the global electronic hub for the storage, processing and dissemination of digital information'', the chairman of the Bermuda Stock Exchange has told Th...
Bermuda-based reinsurer Mid Ocean Re is bracing for even more pressure on premium rates for property catastrophe business in 1997 than was experienced last year.
And Mid Ocean anticipates that certain...
Bermuda-domiciled Inter-Ocean Reinsurance Co. Ltd., assigning the company its single-`A' claims-paying ability rating.
S&P said the rating reflects considerations of the finite risk reinsurer's shareh...
Bermuda-based cat reinsurer, RenaissanceRe Holdings Ltd. and expects its share price to shoot up to $41 by the end of the year.
RenaissanceRe stock was trading at $37.25, or $1.50 higher on Friday, as...
Forwarding Co. by Bermuda Forwarders last week. Many were not happy.
But Bermuda Forwarders president, and sole proprietor, Toby Kempe, said about 13 of the 25 Globe staff have joined his firm.
That l...
Lawyers yesterday differed over the importance of a UK Court of Appeal judgement handed down on Tuesday and the implications for the dispute concerning the collapse of Bermuda-domiciled Electric Mutua...
A scheme of arrangement has been selected in the liquidation of Bermuda Fire & Marine Insurance Co. Ltd. (BFMIC) and came into effect two weeks ago.
Liquidators have considered that a payment percenta...
Liquidators in one of Bermuda's largest insurance and reinsurance insolvencies are writing cheques again, paying out a further $20 million, or an additional five cents on the dollar.
It will bring the...
is importing a new boss to oversee operations and some 400 staff. An announcement is expected today.
The staff of the BTC Group of Companies were being told this week that the new CEO is Lorraine Lyle...
LaSalle Re Holdings Ltd. has reported first quarter net income to December 31 of $28,047,000, down slightly from $29,400,000 in the first quarter the year before. Earnings per share were $1.16, compar...