Cayman-based businessman takes stake in distressed Bermuda insurance firm

By David Marchant

22 years ago

Topics

Keywords

Bermuda Insurance Market Kenneth Dart Mutual Risk Management Ross Financial Corporation

Cayman Islands-based businessman Kenneth B. Dart, whose family made a fortune in the Styrofoam cup business, has acquired a 5.7 per cent stake in financially crippled Mutual Risk Management.
Dart’s firm Ross Financial Corporation, which is domiciled in Cayman, has acquired 2,377,600 common shares, according to a Dart-signed document dated February 13, 2003 that was filed with the SEC.

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