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been upgraded to "A'' (Excellent) from "A-'' by ratings company A.M. Best Co. The higher rating makes it easier for the company to market itself to potential clients. "The rating reflects the group's excellent financial performance, liquidity and con...

cents per share, for the first quarter ended March 31, a gain of 32 percent over the same period last year. Operating earnings in the first quarter increased about 14 percent to $16 million. Gross written premiums were $338.2 million, a gain of 49 pe...

in an 18 month pilot programme to help five local companies implement better training for their employees. Minister of Labour, Home Affairs & Public Affairs Quinton Edness yesterday announced the introduction of the UK's Investors In People programme...

investors willing to fund their fantasies will get a chance to hear some of the experts discuss the intricacies of film financing at a workshop tomorrow. London-based producer and film finance consultant Adam Page, chief executive of The Ottawa Group...

This is the cry of the frustrated. Join me in a whining session. Anyone who has owned a computer has been there, done that. Ever had a bad computer week? Whenever I hear a sustained burst of swearing around the office, or a banging of desks, or the g...

The chief executive officers of 29 US reinsurers, some of the largest in the world, begin their annual two-day conference in Bermuda today with a wide-ranging discussion on geo-political trends and technology. The 50 delegates at the Reinsurance Asso...

Ltd. had net income of $2.8 million, or $1.38 per share. Bermuda-based Delphi began underwriting operations through wholly-owned subsidiary Oracle Reinsurance Co. Ltd. on January 27 this year. Revenues for the first period were $128.4 million with pr...

Co-Op Supermarket and the Bermuda Workers Cooperative Society. And it seems the 1,200 members of the unincorporated association might also not be liable for the supermarket's $1.4 million total debt. In a decision given yesterday, Supreme Court Judge...

Bermuda's Official Receiver, represented by the office of the Registrar of Companies, is balking at the prospect of trying to collect $1.5 million in debt from the 1,200 members of the Bermuda Workers Cooperative Society, owners of the defunct Co-Op ...

Bermuda's balance of payments recorded a surplus on current account of $174 million, a gain of 29 percent over 1996, according to the latest statistics released by the Bermuda Monetary Authority (BMA). Current account payments added up to $1,397 mill...