Bermuda: Article archive
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Bermuda outlook: though a good place to do business, insurers and reinsurers will not hesitate to go elsewhere—Cuba, for example—should the need
Jack RobertsIn July, Risk & Insurance brought together a group of key players in the Bermuda reinsurance market to assess the state of the industry. They included W. David Brining, executive vice president of Max Re; James P. Bryce, president and CEO of IPC Re; Dwight R. Evans, president of Arch Reinsurance; David M. Furby, president of ACE Global...
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Ironic risk: world's insurance haven … at risk - Bermuda Angle
Roger CrombieThe winning song in the 1994 Carnival King competition in St. Lucia was called "Alien." It began, "Like an alien/in we own land/I feel like a stranger/and I sensing danger." The cause of this alienation was "all-inclusive tax elusives/and truth is/they sucking up we juices."The subject was expatriates buying land on which to create...
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New Bermuda leader vows to keep insurers - up front
Jack RobertsThe newly installed Bermuda premier vowed in an interview with Risk & Insurance just hours after he took office that his government was committed to the growth and viability of the insurance marketplace in Bermuda.Premier William Alexander Scott took office in July after the former premier, Jennifer Smith, resigned even though her...
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The Bermuda behemoth - Bermuda Angle
Roger CrombieHow large is Bermuda's insurance capacity compared with that of Lloyd's or the Cayman Islands'? While Lloyd's is not the only London market, it is the premium insurance market in the world, or so we are told. Would it surprise you, therefore, to know that Bermuda's insurance capacity is more than twice that of Lloyd's?Figures recently...
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Caribbean: Bank of Bermuda
Like many leading participants in the custody business, Bank of Bermuda is both a global custodian and a sub-custodian. With $105 billion of assets under administration, the bank provides a comprehensive range of custodian services. As a global custodian, the bank uses a network of 100 sub-custodian banks in 80 markets.Bank of Bermuda specializes...
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