bypassing local shops and the need to travel overseas.
An increasing proportion of the goods are being imported via courier instead of air freight, courier companies and Customs officials say.
And tha...
Technology company, BSL Holdings Ltd., has changed its name to Millennium International and sold its stake in the US-based Attitude Network Ltd. to a Florida investment company for $3,972,260.
That is...
Opposing sides in the ongoing dispute over Electric Mutual Liability Insurance Co. (EMLICO) are at odds over the meaning of last week's Supreme Court ruling over costs.
Puisne Judge Richard Ground rul...
reinsurer which alleged fraud against General Electric Co. (GE) and their insurer, Bermuda-based Electric Mutual Liability Insurance Co. (EMLICO), must pay legal costs for GE and EMLICO.
That is the l...
worst disaster -- but diversification into other types of insurance underwriting has a ratings agency worried.
Standard & Poor's (S&P) Bermuda Catastrophe Reinsurance Market Report released this month...
formed a new, dedicated vehicle in Bermuda, designed to meet the specialist insurance needs of the global mining industry.
And newly-formed Bermuda-domiciled Strategic Risk Management Group (SRM), wil...
Bermuda-based Mutual Risk Management Ltd. (MRM) has declared $37,032,000 in net income available to common shareholders for the year to December 31, a near 23 percent improvement over the year to 1995...
The Bermuda Insurance Symposium reconvenes this morning at the Southampton Princess Hotel for a second day of deliberations on issues affecting the insurance and reinsurance industry.
Symposium chairm...
Guernsey-based Wilde & Co. Group for a new Guernsey branch operation for Mutual Indemnity (Bermuda) Ltd. (MIL) and a new captive operation, Mutual Risk Management (Guernsey) Ltd.
MRM (Guernsey), will ...
reinsurers will continue toward more consolidation in the future, with mergers and acquisitions.
That was the view espoused by chairman of Centre Reinsurance Companies and Zurich Reinsurance Centre Ho...