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Frederick W. Yearwood. The settlement, reached outside of court, in turn allows Brunswick to make a counterclaim against Mr. Yearwood for losses shareholders accuse him of causing to the company, Brunswick was in danger of getting a Court of Appeal ...

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 ...

Ltd. with a multi-million law suit charging that the company engaged in fraud and racketeering. In a suit filed last week in the US District court for the Southern District of New York, Odyssey Re claimed Stirling Cooke was part of a fraudulent schem...

I generally seem to be a disorganised person who some how manages to get things done. My method of organisation drives most people who are near and dear to me crazy. My system is to toss everything that I dont immediately have to attend to -- notes, ...

percent to $7.7 million in 1998, making up in investment returns what it lost on risk coverage, according to its latest annual report. "This result was achieved despite deterioration in the net underwriting income due primarily to our involvement in ...

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...

company a better place in which to work. Bank president and chief executive officer Henry Smith said the programmes would cover hiring practices, performance assessment, career development and equal opportunity. "This effort, very simply, is all abou...

Microsoft Corp. has come under a lot of scrutiny and attack lately, in court and on the playing fields of the Web. There is even an Internet discussion group called alt.is.bill.gates.satan and alt.microsoft.crash.crash.crash. The newsgroup names were...

The Bank of Bermuda on Friday confirmed it had been able to acquire enough shares in Bermuda Home Ltd. to be able to buy the company outright. The bank stated that over three-quarters of Bermuda Home's shareholders -- representing 90 percent of the s...

$1.6 million debt, The Brunswick Co. and prominent businessman Frederick W. Yearwood have reached a settlement. Lawyers representing the two sides appeared in court before the three Court of Appeal judges to announce that an agreement had been reache...