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Exel at the helm of the Bermuda Commercial Bank (BCB). A UK citizen, Mr. Roberts arrives from a less than conventional banking background. The bank said yesterday that for the last 24 years, he has been engaged in international business development, ...

ratings agency A.M. Best Co. The group, which includes Commercial Risk Reinsurance Co. Ltd. and wholly-owned US-based subsidiary, Commercial Risk Re-Insurance Co., obtained the rating based on the companies' affiliated marketing, technical and underw...

Aircraft, passenger and cargo handling firm, Bermuda Aviation Services Ltd. (BAS) have declared net income of $896,106 for the six months to September 30 in an unaudited statement. It is marginally lower (-2.6 percent) than profits declared for the c...

A move toward more insurance securitisation would bring far more competition and be led by the most efficient of firms, Centre Re (Bermuda) Ltd. CEO, Michael Hamer told a Bermuda Insurance Institute luncheon yesterday. Securitisation -- the bundling ...

ERROR RG P4 21.11.1996 A story in yesterday's newspaper incorrectly stated David Cooke was a lawyer with Appleby, Spurling & Kempe. He is with Conyers, Dill & Pearman. Government will substantially slash registration fees to attract more foreign sal...

economist told an educational forum. Faced with a market were investors are bullish on prospects for growth, inflation and interest rates, Norman Robertson said the US has seen a unique economic expansion. After one of the longest periods (six years)...

A Bermuda insurer is facing a US lawsuit after failing to pay a $1.7-million claim for hurricane damage. And the local company has filed a separate action here in the Supreme Court of Bermuda to see if the policy is valid. Miami financier, Victor Pos...

re-elected secretary general of the International Bar Association at the 26th Biennial Conference of the IBA in Berlin. Mrs. Kempe, who is also deputy chairman of the Bermuda International Business Association, won a convincing victory at the poll ov...

reinsurer, Instituto de Resseguros do Brazil (IRB). XL became one of the first companies to enter the sprawling, but previously closed, market when it participated in an all risk property programme for a Brazilian steel giant, Usiminas. In the Usimin...

Bermuda's growth in the insurance industry in the last ten years are a testimony to the constructive interplay of responsible government, business professionals, and intelligent capital. That is the view of Norman L. Rosenthal, former managing direct...