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BF&M Ltd. president and chief executive officer Glenn Titterton has sent out a letter to policyholders assuring them that current newspaper reports only show one side of the story in the Bermuda Fire & Marine Insurance Co. Ltd. civil case before Supr...

The directors and firms involved with failed insurer Bermuda Fire & Marine Insurance Co. Ltd. knew or suspected that it was insolvent before the company was divided into two in 1991, a court heard yesterday. And Gabriel Moss, lawyer for the liquidato...

The lawyer for Bermuda Fire & Marine Insurance Co. Ltd. liquidators yesterday alleged in Supreme Court that the directors and firms involved with the company knew or suspected it was insolvent when they stripped assets to create BF&M Ltd in 1991. Gab...

failed insurer Bermuda Fire & Marine Insurance Co. complete an "illegal'' transaction, it was claimed yesterday. The claim was made by lawyer Gabriel Moss as Bermuda Fire's liquidators as they launched a Supreme Court lawsuit aimed at seizing assets ...

family over a $2.8 billion empire was delayed yesterday as lawyers became bogged down in last minute battles of their own behind the scenes. After almost two hours of hearings in Chambers Supreme Court Puisne Judge Denis Mitchell ended by putting off...

become president of Bermuda-based startup Arrow Reinsurance Co. Ltd. The move is a coup of sorts for Arrow's owner Goldman Sachs Group, L.P., the giant investment banking firm that set up the company to directly challenge the traditional insurers at ...

The economy is firing all barrels except in the hotel and restaurant sector as indicated in employment income figures released yesterday by the Statistics Department. Employment income grew 7.9 percent in 1998 to $1.46 billion compared to 1997. Infla...

Government has put a deal on the table to the potential developers in a bid to get the long-delayed Morgan's Point resort project underway. Development, Opportunities and Government Services Minister Terry Lister yesterday expressed confidence that n...

executives at the Bermuda Telephone Co. Ltd. (BTC) puzzled. Ms Webb has stated that after reviewing the report by the Telecommunications Commission, and despite a judgment in Supreme Court in favour of BTC, the company is still obliged to provide a c...

stalled Morgan's Point resort, The Royal Gazette has learned. And if the negotiations are successful, West Group Management, LLC, an office development company based in McLean, Virginia, will go ahead with the $290-million project within six months. ...