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held yesterday morning, to establish its operational guidelines. Mr. John Austin was elected chairman of the board at the meeting, which was held at the Marriott Castle Harbour Hotel. Harrington is the new insurance vehicle set up by International Ri...

offering, including a discussion of the Island's smallest bank's move to attract significant growth. They will seek to raise $13.5 million by this month launching the rights offering that will double its capital base. The Bank of Bermuda has been ret...

Ms Susan Wilson, the Island's first Bermudian female chartered accountant, counts former Progressive Labour Party leader Mrs. Lois Browne-Evans among her Bermudian role models. But while the latter has been at the forefront of a social movement that ...

branch to write excess of loss reinsurance in the marine, offshore energy and aviation business. Senior vice president and chief financial and administrative officer, Mr. Charles Hays, said, "Our rationale for seeking a licence in the UK to do that w...

Insurance and other international company chieftains have not been upset about the possibility of an independent Bermuda, outgoing Registrar of Companies Mr. Malcolm Butterfield said yesterday. "I'm only going on attending conferences like RIMS, and ...

$100 million for the year to December 1994, and record net earnings of $12,231,478, a 14.8 percent improvement over last year. Return on equity improved to what the company termed "a more acceptable level of 9.1 percent from 8.7 percent in 1993''. An...

Sheila E. Nicoll was a wee lass when her parents sent her off to boarding school in Scotland. Barely a teen at the time, she is now glad they did, although, she admitted it was at first, a bit of a culture shock. "It was very different. And I think t...

launching a rights offering that will double its capital base. The Bank of Bermuda has been retained as arranger and manager in developing and structuring the rights offering. The decision was announced at a special general meeting yesterday, with th...

year to March 31 and declared a dividend of 7.5 cents a share for the period. It is the first time in the 25-year history of the bank that it has released six month figures and the first time there was a six month dividend. On the second anniversary ...

tailor-made for Bermuda, Master's degree in Business Administration in risk management has created a groundswell of interest in other jurisdictions. Word of the Bermuda programme, which will be run by the highly respected College of Insurance, has le...