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The concept of a bonded warehouse at Ship's Wharf would significantly help car importers, according to one who has paid millions of dollars in duty for cars he hasn't yet sold. HW&P managing director Don MacKenzie concedes he's thought about the issu...

building for the consolidation of the firm's operations. The closing date for acquisition of the new building on Dundonald Street is pending, and the company intends to have the various divisions moved in early in the new year. Chairman Donald Lines ...

events this year, an insurance executive said this week. Exel Ltd. senior vice president Gavin Arton noted that while none of the Bermuda companies will face severe losses as a result, third quarter losses could be one of the top claims-producing qua...

Budget over-runs and a drop in earnings from new home buyers are not expected to significantly lower income for the first six months for realtor and mortgage company, Bermuda Home Ltd. off the level of profits of the same period last year. In fact, r...

Third quarter net income for Bermuda reinsurer RenaissanceRe Holdings Ltd. dropped more than 42 percent to $20.4 million (91 cents per share) compared to $35.4 million ($1.56 per share) for the same period in 1997. It brought earnings for the first n...

international broker, Johnson & Higgins London, which was recently acquired by rival Marsh & McLennan. Chairman and chief executive of Forum Re Group (Bermuda), Mark Hardy, who just months ago was discharged as a UK bankrupt, said he will act on beha...

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...