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  • Wake of the Terror - Bermuda Angle

    Roger CrombieHalf of the $2 billion-plus capital likely to be lost by the Bermuda insurance market as a result of the events of September 11 was replaced within three weeks.Marsh & McLennan and RenaissanceReled the response to an acute shortage of property and casualty capacity in the wake of events. Marsh will establish a new Bermuda-based...

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  • Life Stories: Bermuda's Newest Market

    Roger CrombieFor Bermuda insurers and reinsurers, the process of diversification has taken the form of a significant broadening of the market by lines and geographic sources of capital. And these days, the way is led by the introduction of life and annuity business. Our island-based correspondent reports.For the first 35 years of its existence, the...

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  • BEST DEVELOPED MARKET BANKS

    Neville, LaurenceGlobal Finance unveils its annual list of the best banks in developed markets around the world.There are barely enough superlatives in the dictionary to describe the financial performance of the world's best developed market banks. These global powerhouses are enjoying a period of sustained profit increases that are so dramatic...

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