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moving on to greener pastures in the wake of the merger between Marsh & McLennan and Johnson & Higgins. The merger created the world's largest insurance broker and Bermuda's largest manager of captive insurers. Roger Gillett, who was principal and se...

Moves are underway to establish cross-market regulatory standards for international insurers and more formal links among regulators from different countries. James Schacht, national director, insurance regulatory practice, Coopers & Lybrand USA, told...

A caution was issued to CEO's of insurance and reinsurance companies that taking a day off from the office could be a risk, because the industry is in the throes of massive and constant consolidation. The warning came from ACE Ltd. vice chairman, Don...

Insurance and reinsurance brokers have not always received adequate compensation for brokerage services, according to vice chairman of Sedgwick Group, Plc Quill O. Healey. Mr. Healey, the chairman of Sedgwick's North American arm, was here this week ...

The Bermuda insurance/reinsurance market is comprised of companies with good fundamentals, supportive regulation and active managers that make it attractive as a place to locate. That is the view of Ted Collins, managing director of Moody's Investors...

A reinsurer leading the legal battle to return Bermuda-domiciled Electric Mutual Liability Insurance Co. (EMLICO) to Massachusetts to face insolvency and allegations of fraud, does not believe that decisions by other reinsurers to settle their differ...

were on the offensive in Massachusetts Supreme Judicial Court last week, as they availed themselves of the last chance to reply to briefs filed by reinsurers. In the running battle between General Electric's liability insurer and their reinsurers ove...

Construction begins early next month on The Longbird Club, a business centre and executive lounge for US bound, pre-cleared passengers at the airport. Principals said yesterday that the new facility could be available to serve a capacity of 60 people...

for $30 million. The 60-room Lodge at Vail and two acres of adjacent development land, all acquired by Sea Containers in 1981, were sold to Vail Associates, Inc., as work proceeded on a 21-room addition to the lodge. Sea Containers president, James B...

Despite the relatively flat performance in local business conditions, the Bermuda market has demonstrated its ability to advance on the strength of a thriving international business sector, Buttress Bermuda Fund shareholders have been told. Financial...