found it cheaper elsewhere, have been served up a warning from XL boss Brian O'Hara, that when the excess capacity typical of today's market disappears, prices will go sky high.
Especially in their or...
percent to $63.7 million in contrast with the 0.2 percent increase in the net operating income to $49.4 million.
Total revenues increased 26 percent to $166.5 million, as gross premiums rose marginall...
was pulling up stakes and leaving Bermuda have been discounted by the firm.
And a decision to register the insurer as a Delaware corporation was purely tax-driven, it has emerged.
It was evident that ...
The trend towards business globalisation has led to a decision by the law partners of leading firm Conyers, Dill & Pearman to open a London office in the spring.
A near four year old idea, the interna...
triple-`A' claims-paying ability rating from Standard & Poor's (S&P), reflecting adequate levels of hard and soft capital in combination with prudent underwriting and operating guidelines.
RAM Re is a...
exported for investment purposes.
Government officials said this week that the relaxation of foreign exchange controls has enabled Bermudians to invest increasing amounts of investment capital abroad,...
A Bermuda resident has been summoned to the Channel Islands to testify in Jersey's biggest and most complex fraud trial.
Bryan Gudgeon, who lives on Hinsons Island with his wife Brenda, was scheduled ...
income for the year to December 31 of $47,938,000, after a successful year in which company assets grew more than a half a billion dollars to $2.147 billion.
The successful year was aided by substanti...
net income for the year to December 31 of $100.1 million ($3.79 per share), an 8.4 percent increase over the $92.6 million ($3.55) for 1996.
The return on average of beginning and ending shareholders'...
Government has provided its clearest hint yet that it may consider in the coming fiscal year increasing the legislated debt ceiling of $185 million to enable further borrowing.
It comes as the most si...
