leading excess liability carrier ACE Ltd. for net realised losses of nearly $45 million during its first quarter.
It led to a drastic decline in net income for the first three months to December 31, t...
month, Stockholm Re (Bermuda) Ltd. was placed into compulsory winding up on Wednesday.
The company is preliminarily estimating total liabilities of $64 million and a capital deficiency of nearly $14 m...
devastating earthquake that rocked central Japan on Tuesday.
But industry sources are doubtful that the Bermuda market's loss will be large.
The earthquake tore through a wide area of central Japan, i...
was split up in 1991 do not have all the facts, company chairman the Hon.
Charles Collis said yesterday.
Mr. Collis, who also took issue with the provisional liquidators' report to policyholders and c...
former Focus Insurance boss, Mr. Mark Hardy, to show cause why he should not be punished for contempt of court.
It means that local officials can seize and arrest the bankrupt former chartered account...
potential investors in the Bermuda Financial Centre.
And NLP spokesman Mr. Graeme Outerbridge has taken Princess executives to task for opposing the BFCL planning application.
Mr. Outerbridge claimed ...
On Friday, Ms Madeline Joel jetted to Florida to focus on the next chapter in her flourishing amateur golf career.
Next month, she moves from a top insurance brokerage firm to an insurance company to ...
the fourth quarter ended November 30, trimming their over all net earnings for the year 1994 to $144 million or $2.65 a share.
The results contrast with 1993 when the company reported fourth quarter p...
Costs to ship owners carrying petroleum products to the US are rising sharply as a result of a Coast Guard requirement for higher limits on certificates of financial responsibility (CoFRs).
Chief fina...
Services (BFS), that they say will be of benefit for everyone from the novice to the experienced investor.
Senior vice president, investments, Mr. Peter Mellor, said of the new initiative: "Our aim is...
