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There are just six working days left before the expiry of reinsurance contracts for a lot of property catastrophe programmes and reinsurers have admitted some renewals won't happen before the deadline. By some estimates, it could be as much as two we...

ERROR RG P4 21.12.1994 A Supreme Court story in yesterday's Gazette incorrectly made reference to the Bermuda Fire & Marine Insurance Company when it in fact meant BF&M Insurance Co. Ltd. In the largest insolvency of a Bermudian insurance company, t...

and replaced with a British-style value added tax or a sales tax similar to those levied in the United States. But Finance Minister the Hon. David Saul said it was the wrong time to look at the proposal. Government policy remains that Customs duties ...

The Bermuda Monetary Authority and the Bermuda International Business Association (BIBA) unveiled a new code of conduct yesterday in an effort to standardise the administration of the mounting number of mutual funds pouring into the island. Three yea...

as a result of a speech delivered there by a Bermudian lawyer this month at an international investment conference. Senior partner at Milligan-Whyte & Smith, Government Sen. Lynda Milligan-Whyte spoke last week at the conference, "Investment Horizons...

and will offer customers the option of fixed mortgage rates for the first time ever. The mortgage and finance company of the Bank of Butterfield has written to mortgage holders saying that mortgage rates will be increased to nine percent as of March ...

A retired Vietnamese general who is honoured and respected in his country for playing a central role in defeating the American Forces in the Vietnam war, is now playing a key role in the development of a financial centre on an isolated Vietnamese isl...

When Mrs. Dominique Smith was in college and thinking about a career, she never thought it would turn out to be banking. In college, Mrs. Smith, now the general manager, treasury at the Bermuda Commercial Bank, was a a liberal arts student in Boston ...

parent company Lonrho Plc. Two British newspapers have reported that there are plans to spin off Lonrho's mining and hotel divisions. The Princess Hotels are a part of the hotel division. Mr. John Price of Princess Hotels International, speaking from...

resume the trading of their shares on the exchange after trading was suspended last week for a period expected to last into the new year. This week, however, the Exchange made it clear that they would not tolerate such a lengthy absence. BFCL preside...