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In an increasingly competitive world of property catastrophe reinsurance, Bermuda-based Renaissance Reinsurance Ltd. believes its $8 million investment in computer technology is helping keep the company away from disasters. There are six vendors of o...

Investors are in for a wild ride over the next few months with international stock markets expected to keep bouncing around, local analysts are predicting. Those who were smart have already taken their profits and run before the markets began plungin...

Workers Society yesterday closed down the Co-Op Supermarket after 17 years of operation at its Union Street location. About 30 full and part-time staff will be laid off. A prepared statement by the co-operative executive stated that the 1,300 members...

Declining premium income has led Bermuda-based RenaissanceRe Holdings Ltd. to look for extra business in the primary insurance market. For the nine months to September 30, RenaissanceRe wrote gross premiums of $215.6 million, a decline of 15 percent ...

Is the Year 2000 problem a conspiracy by smart software developers to guarantee themselves higher paying jobs into the next century? Well they've done a good job putting a bug up everyone's millennium. I just won't be able to party thinking about pla...

officer John Tugwell outlined the bank's tough strategy in getting operations back on track to producing better returns. His theme during the ten-page report is on increasing efficiency and return on capital and expanding operations in core areas. In...

Cable & Wireless is making another bid to keep its customers from switching to rival TeleBermuda International Ltd. The company has submitted another plan to the Telecommunications Commission to offer cheaper long-distance rates. The proposed rates w...

reinsurance and financial services companies -- many of them Bermuda-based -- to its membership. The BCOE, located at the American International Group building on Richmond Rd., will launch a new way to hedge and invest in catastrophe insurance risk u...

Masters Ltd. make a profit of $476,130 in the fiscal year ended January 31. The 40 cents a share profit is an improvement of 447 percent over last year's profit. Masters renovated its retail operation on Dundonald St. W. this year at a cost of about ...

As more and more companies learn the value of introducing access to the Internet in the workplace, it's important for those in charge to put in place a written policy about use of the network. Not having a list of guidelines has led to unwanted confl...