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scope in the combating of money laundering. The Attorney General, Mr. Elliot Mottley, has advised that Bermuda's money laundering laws deal only with drug traffickers, but he said changes were now being proposed to make money laundering a crime, whet...

Bermuda's youngest advertising agency is seeking an international presence, pushing to make inroads into the Atlanta and London markets from its corporate headquarters on Front Street. Rayner, Bartkiw & Kelly Advertising Ltd. (RB&K) has moved quickly...

This week's arrival of the newly-christened cargo vessel, Bermuda Islander, is a sign of the stability of the container ship market. Container rates today approximate those of the mid-1980s before freight wars brought turmoil and rate slashing to the...

More international eyes have focused on the Bermuda Stock Exchange as world investors seek out stocks of good value. But little is likely to happen to substantially increase local trading on the Bermuda Stock Exchange in the next couple of months, an...

announcement that Mr. Jeffrey Greenberg, has been appointed an ACE director. A former American International Group (AIG) colleague of ACE chairman, president and CEO Mr. Brian Duperreault, the 44-year-old Mr. Greenberg is the son of AIG chairman, Mr....

monopoly is seeking permission in Canada to compete with another telecommunications giant. Mr. Mike Kedar, president of TeleBermuda International Ltd., said the Bermuda company has a significant chunk of the Canadian enterprise. The capital budget of...

Twenty Government and private sector representatives are on the first leg of an overseas briefing tour designed to raise awareness of Bermuda as a premier international business centre. Premier David Saul and Finance Minister Grant Gibbons, will lead...

Fuelled by a substantial increase in new business, property and casualty reinsurer, Zurich Reinsurance Centre Holdings Inc. (ZRC), has posted a healthy $8.9-million third quarter profit to September 30, representing 34 cents a share. That compares to...

announced third quarter profits of $45 million, is estimating $24 million in losses as a result of recent Atlantic storms. But the company is not expecting substantial exposure to claims from Hurricane Opal. President Mr. Herbert Haag said of the 199...

installed a direct claims line for the electronic transfer of hospital in-patient and out-patient claims information. The Island's hospitals will transmit the 500 to 1,000 claims destined for the insurer each week, by way of electronic transfer, crea...