competitive insurance market has led to increasing concern that brokers are wielding too much power in the industry.
Concern has been expressed from both insurers and buyers about the issue, especiall...
delivered a second quarter net income increase of 23 percent, to $62.9 million or $1.65 per share.
It pushed its half year net income figures up to $114.9 million ($3.09 per share), from the $108.8 mi...
Bermuda-based Mutual Risk Management has been lured by the growing market for offshore variable annuity and variable life insurance products, and has planned a series of initiatives to expand its fina...
redundancies as a result of restructuring that began with the merger with Alexander & Alexander (A&A).
The new structure of the Bermuda Aon affiliate is beginning to take shape, nearly five months aft...
commissioner of insurance to, "if legally possible, bring EMLICO back to Massachusetts.'' The preliminary report from the state House of Representatives Post Audit & Oversight Bureau, also states tha...
The Massachusetts commissioner of insurance has been asked by the Supreme Judicial Court for documented proof that Bermuda-domiciled Electric Mutual Liability Insurance Co. (EMLICO) was still under th...
A diversity deadline is looming this weekend for companies listed on the Bermuda Stock Exchange (BSX), which were required to have had 15 percent of their securities in the hands of the public by May ...
Duperreault has told shareholders by letter that the benefits of the company's diversification were evident in the 1997 second quarter results.
He declared: "In an extremely competitive market, we're ...
Edward VII Memorial Hospital is getting more Naggressive when it comes to collecting.
"There are quite a few people who don't pay their bills. Every year we have to send out between $750,000 to a mill...
is set to retire. Executive vice president and chief financial officer, Brian G. Walford will leave the company at the end of the year. No successor has yet been appointed.
Since December 1994, Mr. Wa...
