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when financial institutions first encounter the cyclical losses of the insurance and reinsurance industries, Mid Ocean Ltd. president and CEO, Michael Butt has opined. He said the much-vaunted advent of securitisation is developing slowly, largely be...

Bermuda's insurance industry is on the verge of historic talks that may lead to the forging of bilateral cooperation initiatives with the New York-based Risk & Insurance Management Society (RIMS). The industry's vehicle for education and training, th...

A Financial Times survey of Bermuda, published last week, focuses world attention on a number of local issues, including declining tourism, the base lands, the McDonald's fast food controversy and the messy legal dispute over the insolvent Bermuda-do...

Nearing the end of his first year as IBF chairman, managing partner of Ernst & Young, Jan Spiering, is intent on bringing more planning to Bermuda's business and socio-economic development. The IBF has established three sub-committees to concentrate ...

Moves are underway to establish cross-market regulatory standards for international insurers and more formal links among regulators from different countries. James Schacht, national director, insurance regulatory practice, Coopers & Lybrand USA, told...

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...

pensions initiative in advance of pending new laws forcing the establishment of pension plans for all local businesses. The move by Government could effectively create what could be a billion dollar market early in the new century. A second new pensi...

Bermuda's future success can only be realised through a bridging of the gap in the Island's racial economic divide, a Government Senator and businessman told Hamilton Rotarians yesterday over lunch at Front Street's Pier 6. Senator Everard "Bob'' Ric...

the first time since figures have been kept. The consumer price index was measured at 1.9 percent for the twelve months to May 1997, the lowest figure officials could remember. The figure marked a 0.3 percent decline from April's 2.2 percent rate. Go...

Bermuda-based Starr Excess Liability Insurance Co., Ltd., has changed its focus in its London office to allow for more marketing flexibility. Starr senior vice president, Clinton N. Greene, said the change from a representative office to a service co...