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Voyager Asset Management Ltd. has launched a new fund, the VOYAGER US Treasury High Yield Fund Ltd. and listed it on the Bermuda Stock Exchange under symbol VOYUSTA BH. Voyager is a subsidiary of Bermuda-based investment manager, Voyager Management (...

International Risk Management Group Ltd., has incorporated a Panama company, IRMG Panama S.A. It has also entered into cooperation agreements in Brazil with Catalyst Re Consulting and in Mexico with Asescor Consultores. Vice president of Internationa...

(Holdings) Ltd. has declared net profits to September 30 of $1,567,252, a 3.8 percent decline. But president and director, Roger Davidson has expressed concern about political and market moves being made elsewhere. He said that while nations were act...

Underwriting profitability in the US property/casualty market has suffered in the first three quarters as a result of catastrophe losses, according to a just published report. Rating agency A.M. Best Co. said net income fell 15 percent over the nine-...

shareholders of mortgage lender Bermuda Home Ltd. -- putting an additional $3 million on the table. The day after announcing a December 4 offer of $14.50 for each common and preferred share, the bank raised their bid by 75 cents and presented a new o...

A new government for Bermuda has meant a new approach for the Bank of Bermuda in their bid to get publicly listed on the Nasdaq exchange. It became clear this week that the Island's largest indigenous company is treading carefully around a government...

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...