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The asking price for the British American Building on Front Street has been cut to $1.95 million. Earlier this year the distinctive blue building was listed with agents Coldwell Banker for $2.7 million, down from $3.6 million early last year. The bui...

From 2010 to last year, $668,000 was paid from a Government fund to assist Bermuda policyholders of British American Insurance Company. According to financial statements for the Government Reserves Fund, the money was paid to provide “a short-term li...

By Marina Mello British American creditors faced a new blow yesterday after it was confirmed an anticipated sale of the defunct company’s building on Front Street fell through. The official receivers of the folded Bermuda branch of British American I...

Policyholders of British American Insurance Company in Bermuda received payouts from the now defunct company well before those in other jurisdictions. This from Official Receiver Stephen Lowe yesterday as he defended the actions of authorities in the...