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keeping a close watch on the movements of Hurricane Georges, after its devastating visit to the Caribbean islands. Chairman and CEO of Tempest Re, Donald Kramer conceded there was some anticipation of a more severe year of catastrophe claims than in ...

Giant Swiss-based insurance and financial services company, The Zurich Group is developing a Zurich Group Financial Service Centre in Bermuda. The centre, for the first time, will unite several key entities of the group in one location here, the just...

Hong Kong business executives have been enlightened as to how Bermuda developed into the largest captive domicile in the world. They were attending the 1st East Asian Captive Forum at the JW Marriott Hotel in Hong Kong, sponsored by leading captive s...

core infrastructure for the development of widespread trading and distribution of securitised insurance products, insurers were told yesterday. And Bermuda Stock Exchange (BSX) CEO William Woods also pointed out that the Island was blessed with the b...

The Bermuda International Business Association (BIBA) is still trying to come to grips with its latest survey that highlighted that Bermuda still has some way to go regarding how black Bermudians in particular perceive their involvement with internat...

A new division has been formed by Commercial Risk Partners Ltd. to take advantage of the converging insurance and capital markets. Commercial Risk Capital Markets will develop new products utilising both the distribution of insurance risk into the ca...

merger, but chairman and CEO, Victor Blake, has conceded that significant share holdings in the company by Aon and CNA may have put some potential suitors off. Mr. Blake is reported in Reactions magazine's Rendez-vous Reporter as saying that the rece...

Outgoing executive vice president of the Bermuda Chamber of Commerce, Cyanne Thomas, leaves Bermuda next month with one major misgiving about her three year stint with the Chamber. And she observed the need to improve the consultation processes invol...

Progress towards limiting the personal liability of Bermuda's chartered accountants, and other professionals, has been slow. Managing partner of Ernst & Young Bermuda Jan Spiering commented: "We do feel that some kind of incorporation of the firms wo...

put on hold for as much as a year. That was the word this week as reinsurers and other industry participants attended the annual Rendezvous de Septembres, the annual reinsurance conference in Monte Carlo. The Council of Lloyd's bypassed an opportunit...