Log In

After declaring an undisclosed loss for the year to April 30, Bermuda-based CHA Insurance Co. (CHAI) intends to take a closer look at the Bermuda hotel market for future business. Senior vice president of CHAI, Carla Ranum, would not publish company ...

Both Richard Black and Michael Cascio, who facilitated the introduction of the group behind Stockton to the reinsurance world in 1994, are departing the company under mysterious circumstances. Industry sources hinted at the possibility of a fall-out ...

Bermuda Energy Services Co. Ltd. (Besco), the subsidiary of Belco Holdings Ltd. has completed more than three quarters of a million dollars worth of energy conservation projects in the first five months of the year. And Belco said yesterday that a fu...

A direct connection with an African mining company has led to the creation of Elizabeth Hamilton Jewels, a new line of tanzanite, gold and crystal jewellery, designed by two friends, Jeannie Hamilton Pearman of Bermuda and American Betty Kelly Sargen...

A county court judge in Massachusetts has ruled that the EMLICO dispute is so controversial, and potential claims are so large, that the full Massachusetts Supreme Judicial Court should preside over a side issue that he was asked to consider. The dis...

Buttress Bermuda Fund expects to have better news for shareholders for the year to June 30. The net asset value per share of the long languishing fund has spent considerably more time since its March 1994 launch, below the initial $10 price than abov...

third successive year, as total income rose to $51,231,000, more than 12 percent higher than the year ending March 1996. Net income climbed 1 2.8 percent to $10,457,00 ($2.03 per share) for the year to March 31, when compared to the year before. The ...

has again warned that property catastrophe reinsurers, lured by strong results, are returning to the market with careless underwriting. In his remarks to shareholders in the company's annual report, he said that the significant expansion into a down ...

investors behind the formation of Bermuda's first AAA (Triple-A) rated financial guaranty insurance company. ACE has taken a near 11 percent stake in holding company, CGA Group Ltd. based at Craig Appin House on Wesley Street, Hamilton, which has rai...

The Bermuda Broadcasting Co. Ltd. has declared a modest net income of $92,696 for the fiscal year to December 31 -- the first time the company declared a profit in four years. The company recorded income of 14 cents per share for the year, an improve...