The conditional merger agreement between Bermuda Commercial Bank Ltd.'s new owners and First Bermuda Group Ltd. has lapsed, the bank announced last night.
But talks aimed at achieving the merger will ...
Bermuda is still perceived as a place to hide things by some in the American business community.
That is according to an anecdote relayed to delegates at the Bermuda Captive Conference yesterday by pa...
Bermuda has advanced farther down the road towards meeting imminent new European Union insurance regulation standards than most EU member states themselves.
That is the view of Shelby Weldon, director...
Aon has launched a new entity in Bermuda to combine its global risk consulting service with its long-standing captive management operation on the Island.
Aon Global Risk Consulting Bermuda, which is p...
Bermuda-based international re/insurance company Catlin Group Ltd. intends to establish a new reinsurance company in Switzerland — but the company has said it will maintain its headquarters in Bermuda...
Only a massive event could harden the property insurance market — but for other lines of insurance business there appears no end in sight for the soft market.
That is the view of Brian Duperreault, ch...
US lawmakers' understanding of the value to their country of the Bermuda re/insurance industry has improved significantly, Premier Ewart Brown told an insurance industry audience yesterday.
In his ope...
Bermuda-based fund administrator Meridian Fund Services has launched a Corporate Governance Best Practices (CGBP) programme for hedge funds.
The company, which has offices in New York, the Cayman Isla...
The rising tax burden for the telecommunications industry could cost jobs and lead to lower capital investment, according to KeyTech Ltd., owner of the Bermuda Telephone Company and M3 Wireless.
KeyTe...
Seniors will see no rise in their Government pension benefits this year, after eight successive years of increases.
Government will also freeze the level of contributions into the Contributory Pension...
