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The IBC's 2nd annual International Conference on Captives ended yesterday, and professionals in the sector re-emphasised Bermuda's continuing strengths as a domicile of choice. During a discussion of new products and services in the alternative marke...

Bankers, lawyers, accountants, risk managers, investment analysts and advisors are meeting today to try and form an umbrella organisation bringing together all those who give financial advice to individuals and corporations. "Very often we work toget...

The $8 million tourism resort planned at Daniel's Head will have 125 canvas covered cottages -- some located on the water -- and will be targeted at attracting environmentally conscious visitors. "The eco-tourist prefers a simple dwelling where he ca...

After all the scaremongering in the lead up to the British handover of Hong Kong to China, the policy of "one country, two systems'' seems to be operating successfully, Jardine Matheson Holdings company secretary Harry Wilken said yesterday. "It is n...

Last week's column discussed what steps a business should be taking if it already didn't have a plan to deal with the Year 2000 computer bug. "What about my home computer?'' a reader phoned up to ask. "Someone should invent a program to test my compu...

Government plans on making amendments to two pieces of legislation in a bid to make Bermuda more competitive with other offshore jurisdictions as a place of registration for trusts and limited partnerships. The Trusts (Special Provisions) Amendment A...

quarter of 1998, a fall of 148 percent from the $1.21 million profit the company recorded in first quarter 1997. Nobel said the losses of 13 cents per share was due to claims from prior years that were now affecting the company's bottom line. Nobel i...

Renaissance Reinsurance Ltd. to positive from stable. S&P also announced yesterday it had affirmed its single `A' insurer financial strength and counterparty credit ratings on the company, and its triple `B' preferred stock and counterparty credit ra...

New local telecommunications provider Quantum Communications plans on expanding its network to the rest of the Island within two to four years. Company President Jim Sullivan told the Lions' Club luncheon yesterday that Quantum is currently concentra...

Now fully under the aegis of insurance giant American International Group (AIG), Starr Excess Liability Insurance Co. is making steps to increase its competitiveness in the reinsurance market. AIG, which in February purchased the 76 percent of Starr ...