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US-based Tri-City Brokerage, Inc. Tri-City is a provider of specialised wholesale insurance products and services. The investment, which is expected to close in about three months, will give EXEL a further stake in the US insurance and reinsurance ma...

election even though the party's hold on power is "more tenuous than ever'', the analytical service states in its second quarter country report on Bermuda. The Economist states Premier Pamela Gordon's cabinet shake-up may help to shore up support amo...

The Bermuda International Business Association (BIBA) and the Bermuda Insurance Institute have teamed up to educate executives about how to combat money laundering and computer fraud. The two organisations are hosting a conference on the issue July 2...

The Bank of Bermuda will remain headquartered on the Island and will proceed with a secondary listing on a US stock market, company President and Chief Executive Officer Henry Smith said yesterday. He was speaking at a press conference called yesterd...

While the passage of the Investment Business Act 1998 in the House of Assembly has been welcomed by those working in the investment sector, some say the legislation needs a lot more beefing up to protect investors from unscrupulous practitioners. Fin...

car park have been submitted to the Planning Department for preliminary approval. The $60 million complex will be a "boutique, business-style hotel and amenities with 18 residential units'', according to the documents. Plans indicate the first five f...

US-based Dell Computer Corp. has raised the hackles of local computer vendors by taking out advertisements in this newspaper selling its products. Consumers here can telephone a toll free number (1-800-342-0671) and order computers directly from Dell...

The world's telephone companies are becoming their own cannibals -- eating their own bodies to survive. The companies are in the process of stealing the customers of their traditional telephone service by expanding into competing telecommunications s...

Government has tabled a bill in Parliament requiring all companies to begin private sector pension plans for their employees in 18 months. When enacted and implemented The National Pension Scheme (Occupational Pensions) Act 1998 will also set up a na...

Department of Immigration has taken out advertising for job seekers in the sector. Chief Immigration Officer Martin Brewer said the department projects there will be a shortfall of more than 1,000 jobs left unfilled by Bermudians this year. "With the...