Captive insurers have intense lobbying on their behalf underway in Washington this week against White House budget proposals that would significantly affect Bermuda's captive insurance industry.
At is...
Financial irregularities concerning the Bermuda Bakery Ltd. have been the subject of a fraud investigation for weeks, Police confirmed yesterday.
And Police officials said an employee of the company w...
The Bermuda Press (Holdings) Ltd. yesterday reported profits at the printing and newspaper company fell more than 16 percent to $1,027,800 in 1995.
Operating profits for the year ending September 30 d...
Trading in Bermuda Bakery shares on the Bermuda Stock Exchange was suspended yesterday after the long-time bakery cited irregularities related to its share register.
The suspension, announced by the E...
The Bermuda Monetary Authority may have boosted the image of Bermuda institutions that have offices in the Far East through meetings with regulators and supervisors of Asian financial institutions. In...
After a relatively profitable last few years, the rates for property catastrophe reinsurance, much like other lines of business, have continued to soften.
It is a time that the market looks for underw...
Bermuda firms have taken advantage of expertise offered by Network General Corporation, a hugely successful US firm that designs, manufactures and sells software-based local area network (LAN) and wid...
The Supreme Court has sanctioned a new scheme of arrangement for a group of four insolvent Bermuda reinsurers, paving the way for a final disbursement of assets.
The four companies shared the risks of...
expect a bad winter.
And many believe that it will be do or die for some companies before the busy season begins again next April.
After less than stellar sales figures for the year, many are crossing...
A Front Street businessman has vowed to remove vagrants from City parkland because they are bad for business.
Charging that they are threatening visitors and the elderly, Mr. Nelson Hunt has made it c...
