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global markets, a market analyst has noted. But that is just one way that uncertainties in international markets can seriously affect the Bermuda economy. Finance Minister Grant Gibbons said the Island also faced the potential for ill effects from ma...

Insurers are countering the impact of capital market volatility on their investment portfolios, by more activity on The Bermuda Commodities Exchange, president Thomas Heise has said. The exchange provides a market for hedging and investing in catastr...

Terra Nova (Bermuda) Holdings Ltd. has acquired $107.5 million ( 64 million) of new Lloyd's capacity for the coming 1999 underwriting year. London subsidiary Terra Nova Capital Ltd. -- the Bermuda insurer's corporate member at Lloyd's -- was an acti...

redevelopment of York House at Number Two Front Street. John Bluck received in principle planning permission in June to refurbish the two-storey Bluck's building at Number Four Front Street and re-develop the York House building adjoining it. Sole le...

Bermuda's largest indigenous mutual fund, Butterfield Bermuda Fund Ltd., has reported a 41.2 percent total return for the year to June 30, in figures just released. That compared to the 45.2 percent total return for the Bermuda Stock Exchange index f...

quarter incurred losses of $25 million as a result of Hurricane Georges and other events. PartnerRe president and CEO Herbert Haag made note of the claims activity this weekend as he announced significant progress in the firm's planned acquisition of...

The Bank of Bermuda will begin offering a unique global banking service to corporate and high net worth clients this month. The new global banking service -- Bankline II -- has been built using middleware and PC banking solutions from UK-based Deluxe...

A former senior executive vice president of Sedgwick Re, Jed E. Rhoads, has joined Bermuda-based Stockton Re as principal in the underwriting department. He is the latest component of a re-tooling at the firm, as it gears up to exploit new trends in ...

Bermuda-based Centre Solutions, and its Bermuda parent, Zurich Centre Holdings Ltd. have grown significantly since 1988. And now Zurich Centre is undergoing a reorganisation of its US operations, which include Bermuda. President and CEO designate Pau...

Centre Solutions (Bermuda) Ltd. has wasted no time in appointing the successor to president and CEO, David Brown. Paul E. Hellmers will take over the job that Mr. Brown is set to vacate near the end of the year. But he is already phasing in time in t...