year, the bank's annual report has revealed.
The bank was forced to absorb significant losses as a result of investment portfolio restructuring, the report said, that resulted in "one-time costs that ...
Executives at Bermuda-registered Sea Containers Ltd. are hoping that efforts at a peace accord for Northern Ireland will succeed. They believe that it could lead to a substantial increase in the Irish...
of their Global Energy business, is serving as a prototype for Zurich's corporate worldwide strategy of providing total risk management solutions for large customers in key industry segments, the comp...
has been published by Tillinghast-Towers Perrin and Towers Perrin Reinsurance with listings on Bermudian and US reinsurers.
The directory provides profiles of alternative market firms, including detai...
Organisational restructuring at Bermuda-based Mid Ocean Ltd., has included the promotion of Henry CV Keeling to president, chief operating officer and chief underwriting officer of wholly-owned subsid...
The latest property/casualty edition of Best's Review has declared the liquidation of Bermuda-domiciled Electric Mutual Liability Insurance Co.
(EMLICO) has presented unique problems, but also touched...
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 agen...
week, but president and CEO, John Tugwell, quashed speculation that hundreds of jobs could be on the chopping block and denied the bank was in turmoil.
But he could not deny that others may have to go...
Nineteen months after selling Pure Water to Watlington Waterworks Ltd.
subsidiary, Bermuda Waterworks Ltd., Allan Marshall, has now left the company and purchased a portion of the water treatment serv...
Company unveiling new pension products that they emphasised will provide far greater yield than existing pension plans in the Bermuda market.
It comes just a day after the Bank of Bermuda jumped into ...
