Government yesterday warned Bermuda businesses which have not yet addressed the "Millennium Bug'' problem, that they may be ill-prepared to deal with the fall-out of non-compliancy at the turn of the ...
September 30 of $461.4 million ($8.02 per share), a 59.3 percent increase over the net income declared for the 1996 year.
It came as fourth quarter business yielded $127.6 million in net income, compa...
Holdings Ltd. jumped 31.6 percent to $19 million, moving profit for the first nine months to September 30 up by 8.3 percent to $53.7 million.
Third quarter net income per share climbed from 55 cents i...
The expanded team of Zurich Global Energy Ltd. was presented to the Bermuda insurance market last night during a reception at the Bermuda Underwater Exploration Institute.
They were led by president, ...
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...
