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Bermuda is speeding toward a milestone of having 10,000 operating international companies. And Finance Minister Grant Gibbons has told an annual international captive insurance conference at the Princess Hotel that Bermuda is also fast becoming one o...

The Bermuda market, as a leading controller of capacity in the Lloyd's insurance market, is a key reason why Lloyd's is no longer calling itself Lloyd's of London, a UK-based reinsurance magazine, The Review has said. Five Bermuda insurers and reinsu...

more "secret'' agent to sleuth in the shady underworld of money-laundering and fraud. Bermuda Provident Co. Ltd., a company which advertises its real estate and insurance agencies, has placed a newspaper ad announcing the creation of a new security d...

Bermuda-based Starr Excess Liability Insurance Co., Ltd., has changed its focus in its London office to allow for more marketing flexibility. Starr senior vice president, Clinton N. Greene, said the change from a representative office to a service co...

Bermuda-based Corange Ltd. will this November be honoured at the National Council for Resource Development (NCRD) Benefactor Awards Banquet in Washington D.C. for philanthropic activities benefiting The Bermuda College. Corange, after nomination from...

Bank of Butterfield chairman Sir David Gibbons, was heard last week on the morning edition of National Public Radio (NPR) across the US discussing Bermuda's aspirations to take Hong Kong's place offshore as a world financial centre. In a near ten min...

rose by nearly $1 billion in the 12 months to March 31. Combined balance sheets show total assets of Bermuda banks rose from $12.513 billion at the end of the first quarter of 1996 to $13.511 billion in 1997. That growth occurred almost exclusively i...

Little is expected to change for insurer British American whose Bahamas parent, British-American Holdings Ltd., has sold pieces of its global operation to Trinidad's largest life insurer. Trinidad-based CL Financial will buy the holding company's sha...

thousands of dollars and shares in a Bermuda insurer, is over. An out of court settlement has closed the door on the case involving Belvedere Insurance Co., a property casualty insurer in run-off and its parent Caliban Holdings Ltd. Caliban was the t...

year to March 31 of $7,509,448 -- a marginal improvement of just over $50,000 or less than one percent over the prior fiscal year. The $50,000 roughly represents the difference between the increase in net revenues (up $572,000 to $15.2 million) again...