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Bermuda is well-positioned as a laboratory for innovative solutions in risk transfer, insurance brokers in the Western United States were told this week. The brokers, attending a conference in Phoenix, Arizona, were surprised at the wide range of ins...

Research Ltd. (SURL), for an undisclosed amount. Moody's is a leading provider of credit ratings, research and analysis covering debt instruments and securities in the global capital markets. Founded in 1900, the oldest rating agency rates the Bermud...

A review of merger activities of Bermuda-based insurers, ACE and EXEL, has concluded that ACE is likely to be under greater pressure to find another suitable take-over target. And a leading insurance analyst forecasts 12 to 14 percent improvements in...

Bermuda has an opportunity to attract more European captive business at The 2nd Gibraltar Conference on Offshore Insurance this November, with at least two Bermuda insurance executives participating in panel debates. Captive owners and managers, risk...

Bermuda-based finite risk reinsurer, Centre Solutions (Bermuda) Ltd., has pressed ahead with its interest in Asia, continuing the development of its presence in Hong Kong. Already the firm has seen a modest flow of Asia-based submissions come to Berm...

to 80 percent higher than those in 1997, and forecast earnings per share of $3.25 to $3.75 (1997: $2.07). And president James B. Sherwood noted that the company was in the midst of a major increase in sustainable operating profits and was now less re...

options coming in the future, the chairman of Bermuda's Insurance Advisory Committee (IAC) Brian R. Hall has predicted. Mr. Hall, the president of Inter-Ocean Management Ltd., made the prediction in Nassau during a speech to the Bahamas Silver Annive...

Bermuda commerce. And he is confident that faced with increasing competition and increasing challenges, that Bermudians will work together and maintain the amazing success the Island has achieved. And that will be true, he said, whether or not the el...

provider Bermuda Aviation Services Ltd. (BAS) has declared record results of $992,278 for the year to March 31 -- a 71 percent increase over the year before. The company, which paid dividends of 40 cents per share (1997: 32 cents) is positioning itse...

will declare net income for the year to March 31 at $9,057,615, a near 21 percent improvement over the year before. President Arthur Haycock said yesterday the firm had a very good year. Property sales were marginally higher than last year. But he sa...