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A new Bermuda company, WIRE Bermuda Ltd., is providing customised access to the Internet for insurers, reinsurers and brokers. Said managing director Mr. Rowan Douglas, "There is an enormous volume of underwriting information available on the Interne...

Bermudians continue to feel the economic bite, as is evidenced by the fact that debt collection has become big business. One agency is seeking the incorporation of a limited liability company and has been forced to increase staff, from two to four, t...

targeted Brockbank Group plc, the Financial Times reported this weekend. Shares in Brockbank rose as much as 13.9 percent following the newspaper article, according to Bloomberg. Brockbank said it was in talks with a "number of parties'' which were s...

seeks to position itself for new business on the cutting edge of the evolution of the industry. Kempe & Whittle/Ernst & Young International has between 135 and 140 people on staff, half of whom are chartered accountants, and managing partner, Mr. Jan...

existence of secret hearings in the Bermuda Supreme Court relating to claims being brought by the joint liquidators of the Bermuda Fire & Marine Insurance Company Ltd. (BFMIC) against certain common shareholders of domestic insurer BF&M Ltd. BF&M has...

long-held partnership structure, to limit their liability to claims of negligence made against them. An industry task force, chaired by Mr. Robert Steinhoff, partner at Butterfield & Steinhoff/KPMG Peat Marwick, is involved in long term talks with th...

dollar bonds issued by the City of Hamilton were yesterday traded on the Bermuda Stock Exchange, directly the Bank of Butterfield and the Corporation of Hamilton agreed on the final allotment of units issued to individual subscribers in the $6.5 mill...

week of top offshore banking supervisors in Bermuda. The discussions at the meeting of the Offshore Group of Banking Supervisors at the Princess Hotel because of the presence of Mrs. Foo-Yap Siew Hong, director of foreign institutions at the Monetary...

signed in Bermuda after the Commonwealth Games Federation Congress on November 2 and 3, at the Elbow Beach Hotel. And there is a behind-the-scenes effort to make the Island the permanent home of that contract, allowing officials to avail themselves o...

than four-fold, the underwriter has said. In fact, the deluge of applications swamped officials so significantly, they were still processing them late into the night on Friday. With an attractive return of eight percent and an easily-understood conce...