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The Island's top insurance professionals were on show at the Bermuda Insurance Institute's (BII) 11th Annual Insurance Industry Awards dinner held at the Hamilton Princess Hotel this month. Lifetime achievement award recipient, Axis Capital Holdings ...

It was a small advertisement on page 38 of Monday's Royal Gazette . But it spoke volumes, especially to Bermudians in their senior years. It read: "Webb's Upholstery. After more than 60 years we have decided to make a change and have decided to close...

Minister, Grant Gibbons, and former Centre Solutions president David Brown, has filed papers for a $400-million initial public offering (IPO). The company will loan its president and CEO, Mr. Brown, $20 million, which will be used to help buy $22 mil...

The US government is being urged to reconsider the rules under which insurance companies are governed. Faced with international competition on a global playing field, including offshore centres like Bermuda, US insurance leaders call regulatory refor...

expanding customer base, but now has won a virtual endorsement from Insurance Day (ID), the UK-based industry publication. Yesterday, the Lloyd's List-owned newspaper acknowledged that the local industry, still a relative newcomer to the neighbourhoo...

The owners of the building that houses the now defunct Odyssey Nightclub at 119 Front Street, may consider leasing the 5,233 square foot premises as office space. The Brunswick Co. Ltd. evicted Troy Starr Ltd., the operator of the nightclub, during t...

applied for by the Bermuda Telephone Co. this year. BTC CEO Lorraine Lyle conceded that as the company continues an ongoing review of the rate structure, in an attempt to unbundle the rates, more proposals will go before the Telecommunications Commis...

comply with new Bermuda Monetary Authority (BMA) regulations put in place last February. With about five weeks to the February 9 cut off date, just over a half of the 950 collective investment schemes have applied to the Authority for classification ...

Millennium International Ltd. has agreed to sell its Bahamian subsidiaries in a merger agreement with KPMG Bahamas for "anticipated proceeds'' of $3,147,500 -- of which $112,500 has been received. Millennium owns Digital Systems (Bahamas) Ltd. and In...

It may take five or six weeks before Bermudians find out if a proposed 75 percent increase in domestic telephone charges, retroactive to January 1, will be approved by the Telecommunications Commission. Telecommunications Inspector E.C. "Ted'' Pitman...