691 results returned for search: "" category "Business" author Ahmed Elamin
The suit by Bermuda Fire & Marine Insurance Co. Ltd. liquidators against the company's former directors and about 1,000 shareholders of BF&M Ltd. will be heard by Supreme Court in May next year.
The case is set to become one of the fiercely fought co...
DATE: Jul 23, 1998
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AUTHOR:
Ahmed Elamin
ended June 30, a gain of 32 percent over the same period 1997.
Income excluding net realised gains was $102.7 million, about 22 percent above that of last year's third quarter. The gains also represent the inclusion of contributions from CAT Ltd. and...
DATE: Jul 23, 1998
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AUTHOR:
Ahmed Elamin
TeleBermuda International Ltd. (TBI) lost $5.28 million, or $1.51 a share.
For the fiscal year ended December 31 the company had net revenue of $1.4 million, and expenses of $5.08 million, leading to a loss before interest, amortisation and taxes of ...
DATE: Jul 22, 1998
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AUTHOR:
Ahmed Elamin
US-Virgin Islands based Atlantic Tele-Network, Inc. will receive a management fee of six percent of Bermuda Digital Communications Ltd. gross domestic revenues as part of its $4 million in equity and debt financing in the company.
Atlantic has taken ...
DATE: Jul 22, 1998
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AUTHOR:
Ahmed Elamin
As the newly-elected president of the 600-strong Institute of Chartered Accountants of Bermuda, Senator Terry Lister said he will continue discussions with Government over the issue of limiting professional liability for firms in Bermuda.
"In recent ...
DATE: Jul 20, 1998
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AUTHOR:
Ahmed Elamin
and long distance providers could lead to lower international prices for the company's customers.
Quantum, which offers voice and data services in the Hamilton market, is undercutting by 10 cents what rival Bermuda Telephone Co. Ltd. (BTC) charges in...
DATE: Jul 17, 1998
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AUTHOR:
Ahmed Elamin
Bermuda-based insurers and reinsurers is part of the Bermuda Stock Exchange (BSX) overall strategy in developing its stake in the sector, chief executive officer William Woods said yesterday.
He was speaking by telephone from London where the FTSE/BS...
DATE: Jul 16, 1998
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AUTHOR:
Ahmed Elamin
US-based Tri-City Brokerage, Inc.
Tri-City is a provider of specialised wholesale insurance products and services. The investment, which is expected to close in about three months, will give EXEL a further stake in the US insurance and reinsurance ma...
DATE: Jul 16, 1998
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AUTHOR:
Ahmed Elamin
The Bermuda International Business Association (BIBA) and the Bermuda Insurance Institute have teamed up to educate executives about how to combat money laundering and computer fraud.
The two organisations are hosting a conference on the issue July 2...
DATE: Jul 10, 1998
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AUTHOR:
Ahmed Elamin
The Bank of Bermuda will remain headquartered on the Island and will proceed with a secondary listing on a US stock market, company President and Chief Executive Officer Henry Smith said yesterday.
He was speaking at a press conference called yesterd...
DATE: Jul 09, 1998
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AUTHOR:
Ahmed Elamin
