With the precision of a grand master, the controllers of Bermuda-based insurer, ACE Ltd., are executing a chess-like strategy designed to position the company to compete for profitable business on a w...
Businesswoman Renee Edgecombe will consider appealing a Supreme Court decision that has gone against her fight to regain $100,000 she placed as an investment, plus interest.
Her lawyer, Richard T. Hor...
months of the year by nearly 40 percent.
And while the improved profitability was boosted considerably from a one time gain, the company reported a very successful operating result.
Bermuda Home presi...
moving on to greener pastures in the wake of the merger between Marsh & McLennan and Johnson & Higgins.
The merger created the world's largest insurance broker and Bermuda's largest manager of captive...
Moves are underway to establish cross-market regulatory standards for international insurers and more formal links among regulators from different countries.
James Schacht, national director, insuranc...
A caution was issued to CEO's of insurance and reinsurance companies that taking a day off from the office could be a risk, because the industry is in the throes of massive and constant consolidation....
Insurance and reinsurance brokers have not always received adequate compensation for brokerage services, according to vice chairman of Sedgwick Group, Plc Quill O. Healey.
Mr. Healey, the chairman of ...
The Bermuda insurance/reinsurance market is comprised of companies with good fundamentals, supportive regulation and active managers that make it attractive as a place to locate.
That is the view of T...
A reinsurer leading the legal battle to return Bermuda-domiciled Electric Mutual Liability Insurance Co. (EMLICO) to Massachusetts to face insolvency and allegations of fraud, does not believe that de...
were on the offensive in Massachusetts Supreme Judicial Court last week, as they availed themselves of the last chance to reply to briefs filed by reinsurers.
In the running battle between General Ele...
