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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...

September 30 of $461.4 million ($8.02 per share), a 59.3 percent increase over the net income declared for the 1996 year. It came as fourth quarter business yielded $127.6 million in net income, compared with $86.9 million in the fourth quarter of la...

Holdings Ltd. jumped 31.6 percent to $19 million, moving profit for the first nine months to September 30 up by 8.3 percent to $53.7 million. Third quarter net income per share climbed from 55 cents in 1996 to $74 cents in 1997. But for the nine mont...

The expanded team of Zurich Global Energy Ltd. was presented to the Bermuda insurance market last night during a reception at the Bermuda Underwater Exploration Institute. They were led by president, Robert C. Golden, who stated: "This event is an ex...