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leaving Bermuda for California in February. Mr. Luttke, 63, is retiring due to the proposed acquisition of Corange's subsidiaries Boehringer Mannheim and DePuy Inc. by Roche Holding AG. The acquisition is still under review by authorities in the US a...

financial year ended June 30. During that year the company had a 19 percent increase in deposits, or $5.46 million, bringing net deposits up to about $34.76 million. Bermuda Savings also had mortgages and loans outstanding at June 30 of about $29.36 ...

of buying and selling insurance and reinsurance products, in the first quarter of next year. CATEX Bermuda will be a joint venture between New York-based Catastrophe Risk Exchange (CATEX) and the BSX. CATEX is an intranet which allows primary insurer...

Minister Grant Gibbons told members of the Chamber of Commerce yesterday. While the tourism sector has declined, international business and the construction industry continue to drive the economy forward. Bermuda is also blessed with low and stable r...

Competition in the telecommunications business has sparked a slanging match, with both gunslingers shooting from the lips so as to convince residents they're wearing the white hat. Barging though the saloon door is newcomer TeleBermuda International ...

Bermuda -- is a move toward decentralising power out to international affiliates, the accounting partnership's chairman said. "The notion of being able to run something directly from the centre doesn't work in a large professional services organisati...

underwater cable link with the US mainland, company head Mike Kedar has been casting his negotiating lines out to secure the Island as a mid-Atlantic hub in the global telecommunications network. His plan is for TeleBermuda to make millions of dollar...

Jardine Lloyd Thompson Plc., the world's eight largest reinsurance broker, has moved closer to the Bermuda market. The London-based company has set up a specialised broking company in Bermuda to target financial risks cover. The move is a sign of the...

Standard's & Poor's (S&P) rating service has beefed up its reporting on the Bermuda insurance market in response to increasing overseas interest in companies here. S&P's new Bermuda Market Report outlines the effort of reinsurers and insurers based o...

Butterfield have formed a joint venture company to conduct their data processing. "The work that it will do for the banks will be of a non-strategic nature, purely backroom operations activity, and will in no way affect our competitive activity regar...