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Global Capital Reinsurance Ltd., the wholly owned subsidiary of GCR Holdings Ltd. which just went public this year, is forming a new corporate syndicate for the 1997 underwriting year. The new syndicate 2741, will underwrite in parallel to Archer Mar...

represent a reduction in telecommunications costs to 86 countries, not including the US, the UK and Canada. As provided for by the Telecommunications Act, the long distance carrier published the proposed changes yesterday, inviting any objections to ...

Installations for a new telecommunications provider will start before Christmas. An announcement on the commencement of work for the east end project is expected within the next six weeks. TeleBermuda International (TBI), the company that seeks to ch...

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...