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first quarter net income of $23.3 million (93 cents a share) to December 31, improved from $22.7 million (99 cents a share) a year ago. Bermuda-based GCR Holdings Ltd. provides property catastrophe, property risk excess-of-loss, property pro rata, ma...

Hundreds of unregulated financial services companies are operating in Bermuda, the AGM of the International Companies Division (ICD) of the Chamber of Commerce was told at the Princess Hotel yesterday by outgoing chairman Anthony Goodfellow. And Mr. ...

Bermuda-based COFR (Certificate of Financial Responsibility) guarantor Shoreline Mutual said this week it was still getting new shipowners to sign as members of the mutual, even with new local competition. The latest deadline for new COFRs was Decemb...

Group (IRMG) part of the largest independent provider of captive and risk engineering services in the world. The Swiss Re subsidiary stands to benefit considerably by a letter of understanding signed Friday involving Luxembourg firm Gecalux, that pro...

incurred a net loss of $2,291,585 for the year to June 30, a delayed annual report has detailed. But chairman and acting CEO, William J. Midon, said the company has built sustainable quality which will result in significant future shareholder value. ...

impression on shipowners after just a month of quoting on business. The new Bermuda company's president, Neil Clemens, said, "SIGCo is emerging as the leading commercial provider of COFR guaranties for shipowners, in respect of all types of tankers a...

after sales activity jumped significantly in recent months. But there are indications, too, that rents are being inflated to an uncomfortable level. Sue Plathe of Joy Lusher Real Estate, said the authorities need to bring the issue of affordable hous...

indications show. Chairman Sir David Gibbons has told shareholders by letter this month that "measures are being taken to improve financial performance in the remainder of our financial year, which ends on June 30, 1997.'' The news comes as the bank...

attracting international insurers and reinsurers to Bermuda, Registrar of Companies Kymn Astwood has confirmed that at least 90 new companies came onto the register last year. He said: "We exceeded 90 as a result of a surge at the end of the year.'' ...

Businesswoman Dana B.E. Dunn Smith, on the verge of publishing her third book, is seeking a resurgence of her cosmetics line. She moved back to Bermuda late last year from New York to rejoin her 27 year old business, Salon Lady Dana, a Hamilton beaut...