Log In

ACE Ltd. acquisition of Atlanta-based Westchester Specialty Insurance Group (WSIG) for $333 million in cash will give the company is a significant platform for the development of a major operation in the United States, according to company executives...

positive effect on their Bermuda-based partnerships, senior partners said yesterday. The merger between professional services and consulting firms Coopers & Lybrand and Price Waterhouse would create the world's largest accountancy group, knocking And...

diversification, there were record earnings for Bermuda-based insurer, EXEL Ltd., with net income rising to unprecedented heights in both the third quarter to August 31 and cumulatively for the first nine months of the financial year. Profit mushroom...

year, the bank's annual report has revealed. The bank was forced to absorb significant losses as a result of investment portfolio restructuring, the report said, that resulted in "one-time costs that reduced Bermuda-based interest earnings materially...

Executives at Bermuda-registered Sea Containers Ltd. are hoping that efforts at a peace accord for Northern Ireland will succeed. They believe that it could lead to a substantial increase in the Irish market for passenger ferry service. They are abou...

of their Global Energy business, is serving as a prototype for Zurich's corporate worldwide strategy of providing total risk management solutions for large customers in key industry segments, the company said yesterday. Detlef Steiner, corporate exec...

has been published by Tillinghast-Towers Perrin and Towers Perrin Reinsurance with listings on Bermudian and US reinsurers. The directory provides profiles of alternative market firms, including details on products, services and insights into trends ...

Organisational restructuring at Bermuda-based Mid Ocean Ltd., has included the promotion of Henry CV Keeling to president, chief operating officer and chief underwriting officer of wholly-owned subsidiary, Mid Ocean Reinsurance Co. Ltd. (Mid Ocean Re...

The latest property/casualty edition of Best's Review has declared the liquidation of Bermuda-domiciled Electric Mutual Liability Insurance Co. (EMLICO) has presented unique problems, but also touched on wider issues. Best's Review, a monthly magazin...

A financial analysis seminar presented by AM Best Co., the College of Insurance and the Bermuda Insurance Institute (BII) this fall, will be the first held outside the US. It will show how rating agencies evaluate insurers and provide ratings that ar...