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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...

record earnings for the year to March 31, as the bottom line profit improved almost 10 percent over the previous year to $11.49 million. Argus CEO Gerald Simons said that net premiums for the year rose 20 percent from $34.61 million to $41.56 million...

KPMG Peat Marwick Bermuda partner Mark Bridges, FCA has been appointed vice president, finance at Bermuda-based reinsurer Overseas Partners Ltd. (OPL). OPL president and CEO Bruce Barone said the need to add to staff resulted from the reinsurer's cur...

Bermuda market to identify new opportunities. Those new opportunities could come from reinsurers like IPC Re and PartnerRe, which are already involved in the Indian insurer's property catastrophe programmes. But Madhumalati Damle, the manager of the ...

Diana, Princess of Wales Memorial Tartan. Highlander, the Front Street retailer in the Butterfield Place Mall, has distribution rights from the licensed maker of the tartan. Highlander manager, Dicky King, said that those purchasing the memorial tart...

Bermuda-based SCUUL Ltd. has declared net income for the year to December 31 at $1,554,483, a near 52 percent drop when compared to the year before. Through subsidiary and Class Three insurer, School College and University Underwriters, Ltd. (SCUUL B...

Terra Nova Insurance (UK) Holdings plc, the wholly owned subsidiary of Terra Nova (Bermuda) Holdings Ltd., has completed a refinancing initiative that involved a $100-million offering. The offering of $100 million principal amount of senior notes due...