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is negotiating to buy a majority stake in the captive management subsidiary of Argus Insurance Ltd. The planned purchase is the first step in the Fortune 500 insurer's plans to make Bermuda the centre of its international operations. Liberty will pro...

International Ltd. has stepped up its plans to build a second undersea fibreoptic cable from Bermuda. The $300 million cable will run about 7,000 kilometres from Bermuda to St. Croix, then to Hollywood, Florida, underwater to Jacksonville, and on to ...

With laptop computers selling at between $2,000 to $5,000, they're a good steal for the criminally minded. Laptops are vulnerable because of their size and portability. According to Safeware, an Ohio-based computer insurance firm, 265,000 laptops wer...

leaving Bermuda for California in February. Mr. Luttke, 63, is retiring due to the proposed acquisition of Corange's subsidiaries Boehringer Mannheim and DePuy Inc. by Roche Holding AG. The acquisition is still under review by authorities in the US a...

financial year ended June 30. During that year the company had a 19 percent increase in deposits, or $5.46 million, bringing net deposits up to about $34.76 million. Bermuda Savings also had mortgages and loans outstanding at June 30 of about $29.36 ...

of buying and selling insurance and reinsurance products, in the first quarter of next year. CATEX Bermuda will be a joint venture between New York-based Catastrophe Risk Exchange (CATEX) and the BSX. CATEX is an intranet which allows primary insurer...

week and could eventually become a daily newspaper, The Royal Gazette has learned. In a letter to customers, Island Press Ltd. general manager Gary Taylor told them of the proposed plan. "As part of the Island Press (Holdings) Ltd. group (incorporati...

Minister Grant Gibbons told members of the Chamber of Commerce yesterday. While the tourism sector has declined, international business and the construction industry continue to drive the economy forward. Bermuda is also blessed with low and stable r...

Competition in the telecommunications business has sparked a slanging match, with both gunslingers shooting from the lips so as to convince residents they're wearing the white hat. Barging though the saloon door is newcomer TeleBermuda International ...

Bermuda -- is a move toward decentralising power out to international affiliates, the accounting partnership's chairman said. "The notion of being able to run something directly from the centre doesn't work in a large professional services organisati...