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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...

professional golf tournament on the Senior PGA Tour. The ACE group of companies has landed on the calendar of professional golf by hosting the new tournament, The ACE Classic, which will be held every year, starting this February at the Bay Colony Go...

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...

Bermuda's reinsurers faced a pivotal year in 1997 as the entire industry became redefined, a new A.M. Best special report has observed. The report noted that distinctions within the Bermuda market had become increasingly vague as insurers and reinsur...

Insurance Co., Ltd. (ACE), XL Insurance Co. Ltd. (XL) and Overseas Partners Reinsurance Ltd. (OP Re). The new entity, Airline Risk Consortium, is providing catastrophe insurance cover for the airline industry, covering aviation, D&O, property and oth...

Bankers Trust Corporation has agreed to sell its insurance products business to Swiss-based RR Holding Company Ltd., which controls Rhine Reinsurance Co. Ltd. of Hamilton, Bermuda (Rhine Re) and Rhine Reinsurance Company Ltd. of Basel, Switzerland. R...