Log In

The Government Auditor's report for the fiscal year ending March 1991 has again documented his lack of satisfaction with the handling of the public purse. The just-released report to Parliament is the last to be prepared by Government Auditor Mr. Lar...

Twenty Government and private sector representatives are on the first leg of an overseas briefing tour designed to raise awareness of Bermuda as a premier international business centre. Premier David Saul and Finance Minister Grant Gibbons, will lead...

Fuelled by a substantial increase in new business, property and casualty reinsurer, Zurich Reinsurance Centre Holdings Inc. (ZRC), has posted a healthy $8.9-million third quarter profit to September 30, representing 34 cents a share. That compares to...

not decided to scrap plans to levy a special annual fee on professionals. Institute of Chartered Accountants of Bermuda (ICAB) president Mr. Anthony Joaquin made the comment after Minister of Finance Grant Gibbons tabled legislation on Friday in the ...

announced third quarter profits of $45 million, is estimating $24 million in losses as a result of recent Atlantic storms. But the company is not expecting substantial exposure to claims from Hurricane Opal. President Mr. Herbert Haag said of the 199...

installed a direct claims line for the electronic transfer of hospital in-patient and out-patient claims information. The Island's hospitals will transmit the 500 to 1,000 claims destined for the insurer each week, by way of electronic transfer, crea...

third quarter profits to September 30 at $45 million, down just 2.4 percent from $46.2 million in the same period in 1994. A 12.5 cent dividend was declared. Excluding net realised investment gains of $2.4 million, operating earnings were $42.7 milli...

A renowned hurricane forecaster is trying to enlist the powerful US insurance lobby in a battle to get more funding from Washington for leading edge hurricane research. Calling for a review of Federal spending on climate research in favour of hurrica...

A meeting of top reinsurers and the world's foremost experts at climate prediction experienced a front and centre confrontation as three days of meetings opened. New Zealander, Dr. Kevin Trenberth, who heads up the Climate Analysis Section of the Nat...

Better universal knowledge and prediction of storms will lead to smaller profits and more government regulation for property catastrophe reinsurers, a leading reinsurer and economist said. Speaking at the Climate Prediction and Insurance Risk Confere...