vigorously pursuing new types of business from emerging markets in the Far East and South America, the Minister for Labour, Home Affairs and Public Safety, Quinton Edness, said yesterday in opening th...
$14-million bond offer to pay for the new Surgical Wing of King Edward VII Memorial Hospital (KEMH).
The offer, involving eight percent bonds in units of $2,500 each, can be issued in Bermuda or US do...
for the year to December 31 jumped 21 percent to $20,807,000, guided by a more than 50 percent increase in total insurance volumes from $103 million to $156 million.
The company paid out $15,100,000 i...
associated with Serco have teamed up to create a new enterprise, BAS-Serco Ltd., which has been formed under the Companies Act 1981.
BAS president and CEO, Eugene Bean, said yesterday that the new bus...
rating by ratings agency, Standard & Poor's (S&P).
S&P said that the major rating factors included improving business review, strong capitalisation and operating performance, management conservatism a...
Morgan's Point has dismissed concerns that the developers are having any problems raising money.
Robert Davies, managing director of Renaissance Resorts International Ltd. and CEO of Morgan's Harbour ...
Bermuda-based property catastrophe reinsurer LaSalle Re has declared second quarter net income of $32.7 million, about $1.4 million higher than the same period a year ago.
Gross premiums written were ...
their objections to a deal hashed out among Massachusetts insurance regulators, GE and Bermuda-registered EMLICO to settle the controversial case, and allow the liquidation to continue in Bermuda with...
allow a proposed settlement of the controversial Electric Mutual Liability Insurance Co. (EMLICO) row.
The deal, proposed by Massachusetts Commissioner of Insurance, Linda L.
Ruthardt, would see EMLIC...
Industry reports this morning have chairman of AON Re, (Bermuda) Ltd. and Aon Risk Services (Bermuda) Ltd. Robin Spencer-Arscott leaving his post at the Bermuda AON office.
Some sources say he will be...