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A British Court of Appeals decision handed down against a Bermuda company, Mutual Reinsurance Company Ltd., has been highlighted as a prime example of the new ground that has been broken recently involving insurance insolvencies. Roger Enock, partner...

liability lawyer likes, and dislikes, about dealing with the local players in the excess liability field. Joel Kleinman, a commercial US litigator with the Washington DC firm of Dickstein, Shapiro, Morin and Oshinsky, said he does not subscribe to a ...

Insurers involved in investment decisions will take advantage of a specialised investment training seminar next month hosted by the Bermuda Insurance Institute (BII) and Pittsburgh-based Mellon Bank. The local insurance market makes investment decisi...

approve the move to Bermuda by Electric Mutual Liability Insurance Company (EMLICO) will now be the subject of oversight hearings in the Massachusetts Senate this month. Chairman of the Massachusetts legislature's joint committee on insurance, Senato...

A brash, not-yet-30-year old Audette Exel in 1993 engineered one of the sweetest deals of the nineties, when she introduced First Curacao International Bank (FCIB) to the Bermuda Commercial Bank (BCB). Heading the banking department of Milligan-Whyte...

The Bank of Bermuda's New York office has completed a deal to subcontract US dollar money transfer and securities clearing activities to Citicorp, one of the largest New York money centre banks -- but at the cost of more than 20 jobs. Citicorp has al...

Bermuda Commercial Bank (BCB), Audette Exel, is to leave Bermuda to return to her home in Australia at the end of the year. Ms Exel is completing the first year of what would normally be a two-year term representing the bank. The chair is rotated amo...

Liability Insurance Company might be forced into liquidation after it moved to Bermuda, court documents show. EMLICO's move from Massachusetts to Bermuda has come under heavy criticism from US reinsurers, who allege that the company moved to the Isla...

pressure to re-open an investigation into Electric Mutual Liability Insurance Company's controversial move from Massachusetts to Bermuda last year. Three state legislators have written to Massachusetts Division of Insurance Commissioner Linda Ruthard...

Bermuda operations, new general manager John Tibbles said yesterday. Succeeding Jeni Graham, Mr. Tibbles said the company is looking "very actively'' at incorporating locally, adding: "It would lead to more visibility for Cable & Wireless in Bermuda....