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acquisitions made in the last 12 months. Chairman, president and CEO Brian Duperreault has overseen significant growth in the company, including significant attempts to diversify the book of business. ACE, founded primarily as an excess liability ins...

(MRM) has declared net income available to shareholders at $9.4 million for the three months to September 30, up 22 percent over the $7.7 million posted for the same period last year. Expanding business operations pushed three-quarter profits to $27....

Bermuda-based property catastrophe reinsurer PartnerRe's net income for the first nine months to September 30 improved to $182.7 million, some 18 percent ahead of last year. Net income for the third quarter was $54.4 million (1995: $45 million). The ...

making an even larger contribution to the Bermuda economy than previously thought. Now Government plans to revise key economic estimates on the heels of a report released on the impact of international economies on the local economy. On the eve of th...

share) for the year to September 30, after adding fourth quarter net income of $86.9 million ($1.46 per share). The year's bottom line represents a near 22 percent increase over fiscal '95, while the fourth quarter result amounted to about a $73,000 ...

Another Bermuda-based reinsurer is planning to substantially participate in the Lloyd's of London market starting in January. For LaSalle Re, it could mean its most significant departure to date from its initial line of business, property catastrophe...

income of $144,000 for the second quarter to September 30, a more than 76 percent drop from the $604,000 second quarter earnings a year ago. The results come after the company improved operating income from $1,809,000 to $2,121,000 over the comparati...

Reliability which Saturday closed the door on more than 35 years of business. Citing the last few as break-even years, president Adley Madeiros, said he refused to let the sluggish economy drag him into debt. He will have the company wound up, instea...

of the insurance commissioner after a stormy hearing over Electric Mutual Liability Insurance Company's controversial move to Bermuda. The state legislators failed in hearings of the Joint Committee of Insurance on Wednesday to learn more about how s...

The Bermuda reinsurance market should continue to improve its share of the worldwide market -- but at a slower rate, a global reinsurance market investment report has predicted. Published this month, it said the growth from Bermuda's current five per...