107 results returned for search: "" category ("Other" AND "News") author Ahmed Elamin
In an article in a top US investment publication, Bermuda-based Stirling Cooke Brown Holdings Ltd. has been branded as a "hot little insurance broker'' with an unsavoury past that "waylaid'' investment company Goldman Sachs and its wealthy clients.
T...
DATE: Jan 31, 2000
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
The US on Friday announced plans to identify and take punitive measures against offshore jurisdictions that do not co-operate in a crackdown on money laundering.
The proposals aim to make it harder to curb flows of illicit money into the United State...
DATE: Sep 27, 1999
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
BF&M Ltd. chief executive officer Glenn Titterton yesterday in Supreme Court denied that as the top executive at Bermuda Fire & Marine Insurance Co. Ltd.
it was his duty to understand the advice given by the professional advisors in the 1991 reorgani...
DATE: Sep 10, 1999
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
By March of 1992 Bermuda Fire & Marine Insurance Co. Ltd. had been forced to pay out $16 million in gross claims over 18 months as it was unable to collect money owing by reinsurers, a court heard yesterday.
The cash outflow was noted six months afte...
DATE: Aug 25, 1999
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
Prior to Bermuda Fire & Marine Insurance Co. Ltd.'s 1991 reorganisation company auditor Cooper & Lines suggested the company make millions of dollars in reserves for pollution and for bad debt on incurred but not reported losses, a court heard yester...
DATE: Aug 19, 1999
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
The lawyer for Conyers Dill & Pearman, legal advisor for Bermuda Fire & Marine Insurance Co. Ltd. at the time of the 1991 reorganisation, yesterday in Supreme Court questioned the company's former chief accountant and secretary on the details of meet...
DATE: Aug 17, 1999
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
The United Nation's plans to use a carrot rather than the stick in getting offshore havens to toe the line in the war against what the Organisation for Economic Cooperation and Development (OECD), calls "harmful tax competiton''.
The UN is proposing ...
DATE: Aug 16, 1999
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
Lawyers involved in the Bermuda Fire & Marine Insurance Co. Ltd. yesterday got bogged down in Supreme Court with arguments after defendant BF&M Ltd. decided not to call to the stand someone who the company's liquidator claims is a key witness in the ...
DATE: Aug 11, 1999
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
The lawyer for Bermuda Fire & Marine Insurance Co. Ltd. yesterday concluded questioning of the former head of the company's international operations.
Irmgard Viera, who is now head of BF&M Management Ltd., was being questioned on her management of Be...
DATE: Aug 10, 1999
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
overseas a criminal act take to the floor of the House of Assembly today, with support from Bermuda's business community.
Proponents of the amendment say the inclusion of tax evasion under money laundering crimes will help protect Bermuda from a crac...
DATE: Aug 06, 1999
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CATEGORY:
Other
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AUTHOR:
Ahmed Elamin
