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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...

Global Women's Leadership Conference, at Newstead Guest House, starting on Wednesday. But interest in the topic is so high, that organisers have planned a public session on Wednesday evening at The Harmony Club in Paget. Reservations are required by ...

Internet providers. Logic Communications Ltd., formerly Internet (Bermuda) Ltd., said this week faster access rates up to 56K were now available for small businesses and home users. And competitor, North Rock Communications Ltd., said they were now s...

help educate the public about the importance of environmental conservation. The firm, whose OBM Architecture & Interior Design division just opened a new office in Miami, Florida, is to be involved in an awareness campaign which will include design c...

argued the case for the free market. And he questioned why restrictions were required for Cable & Wireless or the Bermuda Telephone Co. Ltd. (BTC). Telecommunications Minister, E.T. "Bob'' Richards, conceded yesterday he was aware of Mr. Stewart's vi...

Organisation, is launching the latest batch of card-based services, The Meyer Card, which can be used throughout the Meyer Group of companies. The new card will provide: the opportunity for those participating in Delta or American Airlines frequent ...