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The Bank of Butterfield yesterday welcomed positive ratings of the Bermuda banking environment, as issued by Moody's Investors Services. Moody's said that Bermuda's three banks benefit from the sound banking environment in Bermuda, which carries Aa1 ...

30, than for the entire financial year to June 30, 1997. The record first quarter profit of $10.7 million was a dramatic increase of 157.7 percent over the first three months of the last financial year, when re-stated net income amounted to $4.2 mill...

The Bank of Bermuda has recorded record first quarter earnings of $14.2 million for the three months to September 30 -- some 77 percent higher than for the same period last year. The record numbers come through continued growth in core business, but ...

Nearing the end of his first year as IBF chairman, managing partner of Ernst & Young, Jan Spiering, is intent on bringing more planning to Bermuda's business and socio-economic development. The IBF has established three sub-committees to concentrate ...

Bermuda-based Sphere Drake Holdings Ltd. has reported a loss for the third quarter to September 30. But the company remained upbeat about the future, particularly with significantly increased business and favourable market reaction to their recent ac...

increase in gross written premiums for the third quarter to September 30, when compared to the same period last year. But the soft and competitive insurance market, more evident in the first half of the year, has brought nine month figures down consi...

There will be twice as many developments in half the time in Bermuda's telecommunications market, than has been seen in the last two years, Internet (Bermuda) Ltd. (IBL) general manager Peter Durhager told Hamilton Lions Club members yesterday. Long ...

next week to Atlanta for the annual conference of the American Society for Healthcare Risk Management (ASHRM), this year themed "Bringing Home the Gold: Risk Management Excellence.'' The organising body for ASHRM `97 represents more than 2,000 North...

Nancy Vorley is the new executive director of Bermuda International Business Association (BIBA), as of November 10. BIBA chairman, Glenn Titterton, said the executive committee carefully considered BIBA's future role and direction before establishing...

With the precision of a grand master, the controllers of Bermuda-based insurer, ACE Ltd., are executing a chess-like strategy designed to position the company to compete for profitable business on a worldwide basis. Their new knight, Roger Gillett, i...