insurance company before the end of the year to offer insurance products to corporate customers.
A spokesman for Sumitomo said a joint venture, to be capitalised at $1 million, will be 90 percent owne...
organisations in the Annual Reports Competition sponsored by the Bermuda Branch of the Institute of Chartered Secretaries Association of Canada (ICSA).
Belco Holdings Ltd. won the top prize in the loc...
China Automotive Holdings Ltd. has completed its purchase of controlling interest in Bermuda-registered Whimsy Entertainment Co., Ltd.
Whimsy is a publicly-traded company on the Stock Exchange of Hong...
European Union (EU) code and Organisation for Economic Cooperation and Development (OECD) report on tax harmonisation. Probes into "harmful tax regimes'' by organisations like the 29-member OECD and t...
underwriting branch in London.
The move is the latest modification to the company structure since AIG took control at the start of the year and follows the recent re-naming of Dublin subsidiary, Starr...
The Supreme Court has ordered oil company Esso Bermuda to compensate Alan Doughty Jr. for wrongfully dismissing him at the end of 1997.
And in his ruling Chief Justice Austin Ward has pointed out that...
across the European Union.
The European Economic and Monetary Union (EMU) comes into effect early in 1999, and LOM is positioning itself for the expected dramatic expansion of investment opportunities...
A California pharmaceutical developer will seek to have its legal domicile moved from Delaware to Bermuda to take advantage of a better tax climate for future earnings.
The company, XOMA Corp., said y...
avoid a negative impact on the Island's infrastructure, Hamilton Rotarians were told yesterday.
Managing partner of accounting and consulting firm, Ernst & Young Bermuda, Jan Spiering FCA, said that m...
Bermuda-registered American Safety Insurance Group, Ltd.'s third quarter net earnings soared 144 percent to nearly $1.6 million from $655,769 for the same quarter in 1997.
And profit for the first nin...