The Bermuda liquidators of Electric Mutual Liability Insurance Co. (EMLICO) yesterday rejected allegations that they gave advice to the company months before it moved to Bermuda and was put into liqui...
Bermudian joint liquidators for Electric Mutual Liability Insurance Co. Ltd.
and the Massachusetts Division of Insurance (DOI) by calling it "another back room deal''.
Although the Bermuda Class 3 ins...
Bermuda resident US taxpayers will for the first time in many years have no opportunity to meet an IRS representative at the US Consulate General to assist them in the filing of their tax returns.
The...
Responsibility) guaranties continue to show member loyalty to the Shoreline programme, president Simon Scupham argued yesterday.
Mr. Scupham said the statistics show that Shoreline accounts for 38.3 p...
record levels of operating and financial performance for the year to December 31, 1996, together with a net income contributed by insurance operations of $39.7 million.
Fuelled by a recent low loss ex...
The Court of Appeals on Monday allowed an appeal and set aside the judgment won against Caliban Holdings Ltd. by former employee Vanessa Thomas.
Mrs. Thomas commented yesterday that she was disappoint...
The Bermuda Employers Council (BEC) will be hosting a conference on redefining diversity at the Southampton Princess on April 2, when world authority Dr. R.
Roosevelt Thomas Jr. will be the presenter....
Mid Ocean Ltd. has posted net income of $52 million for the first quarter to January 31, a 10.1 percent decrease over the same period the year before.
Earnings per share dropped from $1.57 to $1.43 fo...
taken by The Shipowners Insurance and Guaranty Co. Ltd. (SIGCo) in the commercial Certificate of Financial Responsibility (COFR) market.
SIGCo was incorporated to provide COFR guaranties to the US Coa...
the majority interest in the local insurance and shipping agency company, Harnett & Richardson Ltd. (H&R), together with the sale of prime Front Street real estate.
The parties were said to have initi...