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Bermuda's insurance industry is on the verge of historic talks that may lead to the forging of bilateral cooperation initiatives with the New York-based Risk & Insurance Management Society (RIMS). The industry's vehicle for education and training, th...

(Fibre-optic Link Around the Globe) Ltd. tomorrow initiates service for commercial traffic on the global telecommunications system, with Bermuda connected via a TeleBermuda International cable. Installation, marketing and other costs for the FLAG cab...

those in a buyer's market are still shaking their heads in disbelief. With so much capital vying for the same business in reinsurance markets in recent years -- and so much pressure on top line growth -- the success of Bermuda firms is remarkable. Th...

distribution of so-called "Bingo'' cards -- also known as pull-tab or krack-its cards -- which operate on a similar basis to scratch-and-win cards. While the Finance Ministry sought the legal advice of the Attorney General in recent weeks, the Bermud...

with the bank announcing a more than 34 percent improvement in bottom line profits to $2.93 million for the year to September 30. The balance sheet grew by more than 53 percent to more than $618 million. Bank chairman John Deuss said the growth perce...

fail to pay their employees' pension contributions should face criminal prosecution. Mr. Dennis has advocated aggressive collection from employers who fail to make the required payments to the Contributory Pension Fund. But he advised that delinquent...

A Financial Times survey of Bermuda, published last week, focuses world attention on a number of local issues, including declining tourism, the base lands, the McDonald's fast food controversy and the messy legal dispute over the insolvent Bermuda-do...

regulatory process and has cited EMLICO as a case in point. But Finance Minister Grant Gibbons has dismissed the US politician's assertions, saying he is ill-informed. And Rep. John D. Dingell (Democrat-Michigan), in a recent edition of Business Insu...

are being sold over the counter, or through special machines, on licensed premises across the Island. One East End pub owner has confirmed that Police officials recently visited his place of business and told him they were not legal and asked him to ...

dealers in their pockets by seizing profits they have made from selling narcotics over the previous five years. The Proceeds of Crime Bill will also enable Government to prevent money laundering and replaces a 1988 law that proved to be ineffective. ...