threatened to collapse over the weekend. The "Old House's'' roof was removed on Sunday after it appeared to be about to collapse. ---- Page 2 $550 MILLION BID FOR HOTELS TOU $550 million bid for hotels Saudi billionaire Prince Al-Waleed Bin Talal is in talks to buy the Princess hotel chain in a deal worth $550 million. Al-Waleed said he had been given "sole negotiation right'' to bid for the chain, which includes the Princess Hotel and the Southampton Princess in Bermuda. ---- Page 3 MAN HELD FIVE DAYS FOR STEALING CTS Man held five days for stealing A 41-year-old Southampton man spent the last five days in a Hamilton Police cell and was yesterday fined $25 in Magistrate's Court after pleading guilty to taking a case of beer from the Southampton Princess. ---- Page 5 RENAISSANCERE PROFITS DROP BUC RenaissanceRe profits drop Catastrophe reinsurer RenaissanceRe warned yesterday that it expects its level of premiums written to drop in 1997 as the market for catastrophe insurance continues to tighten. ---- Business, Page 9 LOCAL CRICKET LOOKS TO FUTURE CRI Local cricket looks to future Bermuda could be playing in all of the West Indies regional competitions by the year 2000. And if the country succeeds in qualifying in March for the next World Cup, then "that door could swing open a little faster'', says the head of local cricket. ---- Sport, Page 17