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The James Partnership, the executive search and recruitment consultancy firm, has brought a global presence to the art of "head-hunting'' for local companies. The city firm on Reid Street is providing a service backed by the resources of 60 offices a...

A Bermuda-led initiative for a cross-border protocol in the Electric Mutual Liability Insurance Co. (EMLICO) case appears to have died, as a US federal judge declined to force mediation on Massachusetts insurance regulators and Bermuda liquidators. A...

Bermuda reinsurer, A.C.E. Capital Re Ltd., specialising primarily in financial risks. ACE Capital Re will write both traditional and custom-designed programmes covering financial guaranty, mortgage guaranty and a broad range of financial risks. It is...

found it cheaper elsewhere, have been served up a warning from XL boss Brian O'Hara, that when the excess capacity typical of today's market disappears, prices will go sky high. Especially in their original core business of excess liability insurance...

percent to $63.7 million in contrast with the 0.2 percent increase in the net operating income to $49.4 million. Total revenues increased 26 percent to $166.5 million, as gross premiums rose marginally by one percent to $261.6 million. Net premiums e...

was pulling up stakes and leaving Bermuda have been discounted by the firm. And a decision to register the insurer as a Delaware corporation was purely tax-driven, it has emerged. It was evident that there would be some corporate changes following th...

triple-`A' claims-paying ability rating from Standard & Poor's (S&P), reflecting adequate levels of hard and soft capital in combination with prudent underwriting and operating guidelines. RAM Re is a mono-line reinsurer of investment grade asset-bac...

A Bermuda resident has been summoned to the Channel Islands to testify in Jersey's biggest and most complex fraud trial. Bryan Gudgeon, who lives on Hinsons Island with his wife Brenda, was scheduled to begin testifying on Tuesday in the case against...

income for the year to December 31 of $47,938,000, after a successful year in which company assets grew more than a half a billion dollars to $2.147 billion. The successful year was aided by substantial increases in fee income and premiums earned. Ch...

net income for the year to December 31 of $100.1 million ($3.79 per share), an 8.4 percent increase over the $92.6 million ($3.55) for 1996. The return on average of beginning and ending shareholders' equity was 19.6 percent. President and CEO John D...