Log In

investment management philosophy that has de-emphasised US equity markets. Mr. Lindsell is speaking this evening at a seminar on "Global Markets'' at the Bermuda Underwater Exploration Institute. GT funds are popular in Bermuda among intermediaries a...

under the Clean Air Act, and has told government to change its policy. The electricity provider has argued for more than a year that the licence period should be extended to five years. But it is unlikely that will happen soon, because the company st...

Trust (CST) that will cut administrative costs significantly, and reduce the number of payment defaults by Bermuda subscribers. This year there have been 20 to 25 cases where parents have failed to maintain regularity with payments. Senior vice presi...

Acting Finance Minister, John Barritt, yesterday remained cautious over allegations in a Massachusetts court that Bermuda insurance regulation was not as stringently controlled as it is in the US. It is the latest of such claims, this time in court s...

A strong capital base and conservative underwriting have won Bermuda-based reinsurer, Mid Ocean Reinsurance Ltd. an affirmation by rating agency Standard & Poor's of its double-'A' claims-paying ability rating and counterparty credit rating. The rati...

Carl H. Paiva will be the new head of Meyer Industries management team as of October 1, as the St. George's firm begins a period of anticipated growth. Mr. Paiva will retain his current position as vice president of marketing for sister company, Meye...

Massachusetts commissioner of insurance, Linda Ruthardt, has defended her decision to seek a US receivership for the insolvent Bermuda insurer, Electric Mutual Liability Insurance Co. (EMLICO). But she has argued that Bermuda law "appears to limit or...

Bermuda-based property catastrophe reinsurer, CAT Ltd., has projected gross premiums written for the year to December 31, 1997 will be about $151 million, an 11 percent increase over the $136.2 million declared for 1996. The projection was made in th...

responsible for a marginal rise in half-year profits for BELCO Holdings Ltd. BELCO declared $6,104,756 in net earnings for the six months to June 30, up marginally (0.61 percent) on the first six months of the 1996 financial year. Total electricity k...

of a US insurer because of its intended purchase by ACE Ltd. The move by S&P came as ACE stock (NYSE: ACL) rose as much as $4.375 on Friday to an all-time high of $93.375, before closing at $92.5625, up $3.5625 for the day. It was for ACE, the holdin...