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...
insurance can grow.
Significant capital inflows to Bermuda are bringing new specialty vehicles to the Island that are being demanded by the global market at a breakneck pace.
Chairman of the insurance...
In a sweetheart deal, Spiderweb Internet Solutions launched on Valentine's Day last Friday the latest Bermuda web site on the Internet, promoting it as Bermuda's on-line magazine and search engine (ht...
When US President Bill Clinton stepped in and rescued American Airlines from a potentially devastating pilots' strike, he may have also rescued the Third Bermuda Insurance Symposium, which starts at t...
Bermuda-based XL Insurance group's core business of general and professional liability will fall because of soft pricing and the maturing of very long-tail lines.
S&P said new business from specialty ...
financing, Enterprise Reinsurance Ltd., has been initially capitalised at $100 million, with Bermuda-based CAT Ltd. as lead investor.
CAT first revealed last September their interest in forming a new ...
Contained in the President Clinton's $1.69-trillion budget are specific provisions that may impact Bermuda's captive insurance industry.
Provisions altering the definition of insurance by requiring th...
business during the latter months of 1996. But it is just the start of an aggressive campaign to find more financial services products that can provide premium growth.
Vice president, financial lines,...