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French and German business executives and journalists will be introduced to the Island's international business environment next week during seminars hosted by the Bermuda International Business Association (BIBA) in Paris and Frankfurt. On Tuesday i...

doors for good, owner Cal Grimes said yesterday. His pursuit of other interests led to a decision last year to sell the firm, although to date he has received no serious enquiries. The business employs two part-time staff and closes officially on Sat...

seek a coalition with the hospitality industry and retailers, with the objective of helping to re-shape the landscape of opportunities in education for Bermudians. International companies have already played a substantial role in providing funding fo...

share for the three months to December 31. Last year, ACE declared first quarter net income at $125.7 million or $2.14 per share for the comparative period. But chairman, president and CEO, Brian Duperreault, said, "ACE continues to demonstrate top l...

$139.3 million or $6.06 per share, for the year to December 31, a decrease of 12 percent when compared with the year before. Net operating income was $142.1 million for the year, down $17 million. But chairman, president and CEO, James N. Stanard sta...

operating income and sterling investment results helped push Bermuda-based insurer EXEL Ltd. to record end-of-year profits of $677 million or $7.84 per share. Net income for the year to November 30 was 37 percent better than the year before. Net oper...

A twice bankrupt former Bermuda insurance executive, who faces arrest in Bermuda, is seeking to be discharged as a UK bankrupt. Mark Gregory Hardy, who operated a Bermuda insurance empire that went bust more than six years ago, has given notice as a ...

stymied Bermuda-based Centre Re's plans to move into Asian markets -- even though the Bermuda firm is part of the group that was set to take controlling interest in the now insolvent Peregrine Investments. Centre Reinsurance Holdings Ltd. president D...

insurance industry firms named as "best picks'' for 1998 by analysts at J.P. Morgan Securities Inc. A report on the industry noted that the securities firm narrowed their best picks for the year to just two of their 1997 favourites because after a pr...

interrupted the move to put EMLICO into US receivership, by petitioning to have a case involving the controversial insurer heard in the United States District Court for the District of Massachusetts. Liquidators pre-emptively filed a notice of remova...