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Massachusetts Insurers Insolvency Fund over the failure of Bermuda-based Electric Mutual Liability Insurance Company (EMLICO), the Boston Globe reported. The finalising of such an agreement removes the Fund's alarm over the insolvency of EMLICO, whic...

policies to cover firms for sexual harassment. President of Cincinnati Financial Corporation in Fairfield, Cincinnati, Robert Morgan, speaking at the 10th International Reinsurance Congress at the Princess Hotel, said that insurers will be affected m...

before it is too late to join the 20th century, the 10th International Reinsurance Congress was told yesterday. Marty Dolan, executive director of Lehman Brothers International in London, predicted that more sweeping changes for the insurance institu...

A British Court of Appeals decision handed down against a Bermuda company, Mutual Reinsurance Company Ltd., has been highlighted as a prime example of the new ground that has been broken recently involving insurance insolvencies. Roger Enock, partner...

liability lawyer likes, and dislikes, about dealing with the local players in the excess liability field. Joel Kleinman, a commercial US litigator with the Washington DC firm of Dickstein, Shapiro, Morin and Oshinsky, said he does not subscribe to a ...

Insurers involved in investment decisions will take advantage of a specialised investment training seminar next month hosted by the Bermuda Insurance Institute (BII) and Pittsburgh-based Mellon Bank. The local insurance market makes investment decisi...

approve the move to Bermuda by Electric Mutual Liability Insurance Company (EMLICO) will now be the subject of oversight hearings in the Massachusetts Senate this month. Chairman of the Massachusetts legislature's joint committee on insurance, Senato...

A brash, not-yet-30-year old Audette Exel in 1993 engineered one of the sweetest deals of the nineties, when she introduced First Curacao International Bank (FCIB) to the Bermuda Commercial Bank (BCB). Heading the banking department of Milligan-Whyte...

The Bank of Bermuda's New York office has completed a deal to subcontract US dollar money transfer and securities clearing activities to Citicorp, one of the largest New York money centre banks -- but at the cost of more than 20 jobs. Citicorp has al...

Bermuda Commercial Bank (BCB), Audette Exel, is to leave Bermuda to return to her home in Australia at the end of the year. Ms Exel is completing the first year of what would normally be a two-year term representing the bank. The chair is rotated amo...