1862 results returned for search: "" category "Business" author David Fox, Business Editor
worst disaster -- but diversification into other types of insurance underwriting has a ratings agency worried.
Standard & Poor's (S&P) Bermuda Catastrophe Reinsurance Market Report released this month is not completely favourable to the sector.
The g...
DATE: Feb 24, 1997
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David Fox, Business Editor
formed a new, dedicated vehicle in Bermuda, designed to meet the specialist insurance needs of the global mining industry.
And newly-formed Bermuda-domiciled Strategic Risk Management Group (SRM), will be the managing agent for the new Class Three in...
DATE: Feb 24, 1997
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David Fox, Business Editor
Bermuda-based Mutual Risk Management Ltd. (MRM) has declared $37,032,000 in net income available to common shareholders for the year to December 31, a near 23 percent improvement over the year to 1995.
Fourth quarter net income increased from $7.4 mi...
DATE: Feb 21, 1997
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David Fox, Business Editor
The Bermuda Insurance Symposium reconvenes this morning at the Southampton Princess Hotel for a second day of deliberations on issues affecting the insurance and reinsurance industry.
Symposium chairman Robin Spencer-Arscot yesterday led off the firs...
DATE: Feb 20, 1997
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David Fox, Business Editor
Guernsey-based Wilde & Co. Group for a new Guernsey branch operation for Mutual Indemnity (Bermuda) Ltd. (MIL) and a new captive operation, Mutual Risk Management (Guernsey) Ltd.
MRM (Guernsey), will provide traditional captive management operations ...
DATE: Feb 20, 1997
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David Fox, Business Editor
reinsurers will continue toward more consolidation in the future, with mergers and acquisitions.
That was the view espoused by chairman of Centre Reinsurance Companies and Zurich Reinsurance Centre Holdings, Steven Gluckstern, during panel discussion...
DATE: Feb 20, 1997
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AUTHOR:
David Fox, Business Editor
Finance Minister Grant Gibbons yesterday confirmed that public accounts will adhere to new accounting standards as of the consolidated fund financial statements for the year to March 31, 1995, which are now being prepared.
But he did not see unfunded...
DATE: Feb 19, 1997
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AUTHOR:
David Fox, Business Editor
In a sweetheart deal, Spiderweb Internet Solutions launched on Valentine's Day last Friday the latest Bermuda web site on the Internet, promoting it as Bermuda's on-line magazine and search engine (http:/www.bermudaonion.com).
Aiming to be Bermuda's ...
DATE: Feb 18, 1997
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David Fox, Business Editor
When US President Bill Clinton stepped in and rescued American Airlines from a potentially devastating pilots' strike, he may have also rescued the Third Bermuda Insurance Symposium, which starts at the Southampton Princess hotel tomorrow.
Organisers...
DATE: Feb 17, 1997
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AUTHOR:
David Fox, Business Editor
Bermuda-based XL Insurance group's core business of general and professional liability will fall because of soft pricing and the maturing of very long-tail lines.
S&P said new business from specialty reinsurance and property lines will largely offset...
DATE: Feb 14, 1997
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AUTHOR:
David Fox, Business Editor
