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Bermuda-domiciled trading house Jardine Matheson is selling its 50 percent stake in Jardine Fleming, the 28-year-old Asian joint venture with UK investment banking and fund management group, Flemings. The shares and cash deal will allow Jardine Mathe...

Response to the news of the Bank of Bermuda's planned acquisition of Bermuda Home was immediate and upbeat from Bermuda's real estate industry. Senior manager of Coldwell Banker JW, Bermuda Island affiliate, Arthur Jones said, "That's very good for B...

putting the bank back in the mortgage business, paying a premium to shareholders to do so and spinning off the real estate arm. If the deal is done, the bank will also bring, within a year, $50 million more mortgage money to the market, and, the most...

Ltd. (OPL), has abruptly resigned, effective yesterday. An announcement gave no details of his departure. But the long-serving executive has indicated he will be available as a consultant from his new home in the United States. No immediate replaceme...

Intellihome & Office on St. John's Road, Pembroke. Homeowners, builders and architectural firms are being shown the new technology right now that brings energy efficiencies, creature comforts and other improvements to the home or office. Intellihome ...

Top analysts discussed the direction of Bermuda insurers and reinsurers in the just-published Annual Non-Life Insurance edition of The Wall Street Transcript. The investment minded review is an in-depth roundtable forum featuring four distinguished a...

board to paper dealers in Hong Kong and China has collapsed, with the loss of hundreds of jobs in Hong Kong. The Nasdaq Stock Market de-listed Bermuda-domiciled Concordia Paper (Holdings) Ltd. after a receiver had been appointed for the firm's princi...

Robin Spencer-Arscott's insurance consultancy, RSA Ltd., has landed a top account with Bermuda-based Venton Holdings Ltd. (VHL), whose principal operating subsidiaries operate at Lloyd's. VHL was established as a Bermuda holding company in 1994 for t...

A decline in earned premiums and net realised losses on investments sent third quarter net income for Bermuda-based Oil Casualty Insurance, Ltd. (OCIL) tumbling nearly 99 percent. In a quarter in which no losses were incurred, the company posted a pr...

Bermuda-based RSL Communications, Ltd. has completed a public equity offering of 7 million shares of its Class A common stock. The shares were priced at $23.875, generating total proceeds of about $160 million to the company. Goldman, Sachs & Co. was...