redundancy plans.

The redundancies are believed to include 16 Bermudians and one non-Bermudian, but The Royal Gazette could not confirm that figure yesterday.

The layoffs are believed to have arisen as a result of a takeover by a Canadian company.

Hudson, based on Church Street, Hamilton is part of the Skandia International Group.

Apparently severence pay has been negotiated with workers expected to leave by April 15.

Repeated telephone calls to President of Hudson Reinsurance Mr. Nicholas Dove were not returned yesterday or on Monday. No other employees would comment.