A review of merger activities of Bermuda-based insurers, ACE and EXEL, has concluded that ACE is likely to be under greater pressure to find another suitable take-over target.
And a leading insurance ...
Bermuda has an opportunity to attract more European captive business at The 2nd Gibraltar Conference on Offshore Insurance this November, with at least two Bermuda insurance executives participating i...
Plagued by a significant drop-off in winter advertising revenue and diminishing returns, Bermuda Magazine has been forced to rethink its product.
Publisher Bermuda Marketing Ltd., which releases the f...
Bermuda-based finite risk reinsurer, Centre Solutions (Bermuda) Ltd., has pressed ahead with its interest in Asia, continuing the development of its presence in Hong Kong.
Already the firm has seen a ...
to 80 percent higher than those in 1997, and forecast earnings per share of $3.25 to $3.75 (1997: $2.07).
And president James B. Sherwood noted that the company was in the midst of a major increase in...
options coming in the future, the chairman of Bermuda's Insurance Advisory Committee (IAC) Brian R. Hall has predicted.
Mr. Hall, the president of Inter-Ocean Management Ltd., made the prediction in N...
Bermuda commerce.
And he is confident that faced with increasing competition and increasing challenges, that Bermudians will work together and maintain the amazing success the Island has achieved.
And...
provider Bermuda Aviation Services Ltd. (BAS) has declared record results of $992,278 for the year to March 31 -- a 71 percent increase over the year before.
The company, which paid dividends of 40 ce...
will declare net income for the year to March 31 at $9,057,615, a near 21 percent improvement over the year before.
President Arthur Haycock said yesterday the firm had a very good year.
Property sale...
record earnings for the year to March 31, as the bottom line profit improved almost 10 percent over the previous year to $11.49 million.
Argus CEO Gerald Simons said that net premiums for the year ros...