The Centre on Philanthropy has extended the period during which companies have been asked to provide information for the Island's first Donor Directory, a compilation of Bermuda companies that make ch...
specialists at a cost of more than $100,000.
They could spend up to six months considering whether a more equitable system can be used to garner government revenue.
Finance Minister Grant Gibbons yest...
Four and a half years after the World Trade Center (WTC) terrorist bombing in New York, loss adjuster Edward Reilly has signed off on a $255-million settlement.
Mr. Reilly was involved solely in insur...
path in their bid to take substantial stakes in two new telecommunications companies.
And when asked if Government would oppose Cable & Wireless' proposed acquisition of a reported 27 percent stake in...
net income available to common shareholders for the year to September 30 of $97,668,000 ($5.14 per share), a near 20 percent improvement over $81.5 million ($5.40 per share) the year before.
Total net...
A recent US Tax Court ruling has strengthened the validity of captive insurance arrangements, tax specialists with Ernst & Young Bermuda have reported in a tax alert to clients.
The Tax Court ruled in...
of 14 collective investment schemes sponsored by a Mutual Risk Management Ltd.
(MRM) company, has been approved by the listing committee.
MRM is offering income and accumulation units to qualified inv...
Latin American Reinsurance Co. Ltd. (LARe) the latest Bermuda-based Class 3 reinsurer, began operating on Monday and executives were already this week on a marketing trip in Mexico City, attending FID...
The Bank of Butterfield yesterday welcomed positive ratings of the Bermuda banking environment, as issued by Moody's Investors Services.
Moody's said that Bermuda's three banks benefit from the sound ...
30, than for the entire financial year to June 30, 1997.
The record first quarter profit of $10.7 million was a dramatic increase of 157.7 percent over the first three months of the last financial yea...