Belco Holdings is set to sign an agreement to build a $3 million "west city sub-station'' at the development site for the PW's waterfront, ensuring power to the west end of the city.
It ends a long ru...
to December 31, up 10.35 percent from 1995. Earnings per share surged from $3.04 to $3.31.
And utility officials are forecasting a relatively dramatic increase in the demand for electricity over the n...
For the first time in its history, the Bermuda Electric Light Company will return $1.5 million in surplus revenue to its customers.
This gesture of goodwill is not unprecedented, according to Belco Ho...
(EMLICO) in Bermuda, against the wishes of angry reinsurers who believe EMLICO's redomestication from Massachusetts should be reversed.
The reinsurers reacted to the news last night by saying yesterda...
Electric Mutual Liability Insurance Company (EMLICO) over their controversial move from Massachusetts to Bermuda, has settled with EMLICO's liquidators and General Electric Co. (GE), EMLICO's principa...
operations by closing some of its smaller outlets, without the loss of jobs.
Closures include shops at the Princess Hotel, Elbow Beach Hotel, Marriott's Castle Harbour Resort and Crystal Caves.
Presid...
premiums for the year to December 31, driving profit up 41.7 percent to $64.9 million or $2.70 a share.
The company's fourth quarter net income jumped 46.9 percent to $15.3 million, with after tax ope...
bypassing local shops and the need to travel overseas.
An increasing proportion of the goods are being imported via courier instead of air freight, courier companies and Customs officials say.
And tha...
Technology company, BSL Holdings Ltd., has changed its name to Millennium International and sold its stake in the US-based Attitude Network Ltd. to a Florida investment company for $3,972,260.
That is...
Opposing sides in the ongoing dispute over Electric Mutual Liability Insurance Co. (EMLICO) are at odds over the meaning of last week's Supreme Court ruling over costs.
Puisne Judge Richard Ground rul...
