Even if Electric Mutual Liability Company (EMLICO) moved to Bermuda to improve its position in a potential liquidation and make better recoveries from reinsurers, it would not be considered to be frau...
selling a large portfolio of local interests, including a 200-year old Front Street building.
He has made CapCar Enterprises the sole and exclusive agent to sell the Harnett & Richardson building oppo...
An attempt by London reinsurers to join in the Supreme Court winding up petition of Bermuda-domiciled Electric Mutual Liability Company (EMLICO) was halted yesterday by Puisne Judge Justice Ground.
A ...
A top member of Reuters' risk management unit urged those in his profession not to use "incomprehensible'' jargon when preparing reports for higher-ups.
Gabriel Bousbib, vice president of the risk man...
financial irregularities at the Bermuda Bakery Ltd. has failed to meet requirements of Police bail.
Canadian-born Earl Fithian, 50, the bakery's sacked company secretary and financial controller, left...
reinsurers of the past may return to haunt the market again.
The big `cat' companies will soon conclude the January renewal season with Bermuda again staking a leadership role in the market.
There are...
financing that is earmarked for working capital and the purchase of equipment.
The company is currently reviewing bids from four equipment manufacturers including AT&T, Motorola, Phoenix Wireless and ...
the Barings Bank crisis that paved the way for written assurances from London that more than $40 million placed by a Bermuda company with Barings fund managers was safe.
And president of Kast Investme...
regulations in the wrong class. Insurers who applied under one category in many cases had to be moved to another.
Regulators had to spend considerable time reviewing an estimated 150 to 200 imperfect ...
The overall balance of payments picture shows a healthy current account surplus of $51 million to the end of the third quarter, in just released figures by the Bermuda Monetary Authority (BMA).
The su...
