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when financial institutions first encounter the cyclical losses of the insurance and reinsurance industries, Mid Ocean Ltd. president and CEO, Michael Butt has opined. He said the much-vaunted advent of securitisation is developing slowly, largely be...

Interest in captives, and in Bermuda, continues to grow as measured by the number of visits to the Bermuda insurance market booth at the annual conference of the American Society for Healthcare Risk Management (ASHRM) '97. Held recently in Atlanta, m...

Increasingly, senior citizens are seeking ways to stay on the job, no longer content with blanket and antiquated employment policies which force people into premature retirement at an arbitrary age. Those who can't retain long-held employment, plan a...

Bermuda's insurance industry is on the verge of historic talks that may lead to the forging of bilateral cooperation initiatives with the New York-based Risk & Insurance Management Society (RIMS). The industry's vehicle for education and training, th...

(Fibre-optic Link Around the Globe) Ltd. tomorrow initiates service for commercial traffic on the global telecommunications system, with Bermuda connected via a TeleBermuda International cable. Installation, marketing and other costs for the FLAG cab...

those in a buyer's market are still shaking their heads in disbelief. With so much capital vying for the same business in reinsurance markets in recent years -- and so much pressure on top line growth -- the success of Bermuda firms is remarkable. Th...

with the bank announcing a more than 34 percent improvement in bottom line profits to $2.93 million for the year to September 30. The balance sheet grew by more than 53 percent to more than $618 million. Bank chairman John Deuss said the growth perce...

regulatory process and has cited EMLICO as a case in point. But Finance Minister Grant Gibbons has dismissed the US politician's assertions, saying he is ill-informed. And Rep. John D. Dingell (Democrat-Michigan), in a recent edition of Business Insu...

Bermuda-based Mutual Risk Management Ltd. has more than doubled its gross premiums written for the nine months to September 30, when compared with the same period last year. It moved net income available to common shareholders up 38.7 percent to $13,...

Government yesterday warned Bermuda businesses which have not yet addressed the "Millennium Bug'' problem, that they may be ill-prepared to deal with the fall-out of non-compliancy at the turn of the century. The Finance Ministry has assembled repres...