reinsurer which alleged fraud against General Electric Co. (GE) and their insurer, Bermuda-based Electric Mutual Liability Insurance Co. (EMLICO), must pay legal costs for GE and EMLICO.
That is the l...
worst disaster -- but diversification into other types of insurance underwriting has a ratings agency worried.
Standard & Poor's (S&P) Bermuda Catastrophe Reinsurance Market Report released this month...
formed a new, dedicated vehicle in Bermuda, designed to meet the specialist insurance needs of the global mining industry.
And newly-formed Bermuda-domiciled Strategic Risk Management Group (SRM), wil...
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...
