Lawyers yesterday differed over the importance of a UK Court of Appeal judgement handed down on Tuesday and the implications for the dispute concerning the collapse of Bermuda-domiciled Electric Mutua...
A scheme of arrangement has been selected in the liquidation of Bermuda Fire & Marine Insurance Co. Ltd. (BFMIC) and came into effect two weeks ago.
Liquidators have considered that a payment percenta...
Liquidators in one of Bermuda's largest insurance and reinsurance insolvencies are writing cheques again, paying out a further $20 million, or an additional five cents on the dollar.
It will bring the...
is importing a new boss to oversee operations and some 400 staff. An announcement is expected today.
The staff of the BTC Group of Companies were being told this week that the new CEO is Lorraine Lyle...
LaSalle Re Holdings Ltd. has reported first quarter net income to December 31 of $28,047,000, down slightly from $29,400,000 in the first quarter the year before. Earnings per share were $1.16, compar...
first quarter net income of $23.3 million (93 cents a share) to December 31, improved from $22.7 million (99 cents a share) a year ago.
Bermuda-based GCR Holdings Ltd. provides property catastrophe, p...
Hundreds of unregulated financial services companies are operating in Bermuda, the AGM of the International Companies Division (ICD) of the Chamber of Commerce was told at the Princess Hotel yesterday...
Bermuda-based COFR (Certificate of Financial Responsibility) guarantor Shoreline Mutual said this week it was still getting new shipowners to sign as members of the mutual, even with new local competi...
Group (IRMG) part of the largest independent provider of captive and risk engineering services in the world.
The Swiss Re subsidiary stands to benefit considerably by a letter of understanding signed ...
incurred a net loss of $2,291,585 for the year to June 30, a delayed annual report has detailed.
But chairman and acting CEO, William J. Midon, said the company has built sustainable quality which wil...
