1610 results returned for search: "" category "Business" author David Fox, Business Editor
A retailer accidentally overchared hundreds of consumers for fans designed to keep Island residents cool in the searing heat.
The mistake originated from the company's supplier overseas and was only discovered by staff yesterday, who said more than 5...
DATE: Jul 22, 1997
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David Fox, Business Editor
half year profits for Bermuda-registered Bona Shipholding Ltd. have jumped to $26.7 million, compared to $5.9 million for the first six months of 1996.
Bona earned a net profit of $5.9 million in the second quarter to June 30, with an improvement on ...
DATE: Jul 21, 1997
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David Fox, Business Editor
are "Year 2000 Compliant'' by the end of the next calendar year.
The bank said in a letter to shareholders that an analysis of all bank software had already been completed and a preliminary plan established to deal with the issues relating to the "Mi...
DATE: Jul 18, 1997
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David Fox, Business Editor
Paint manufacturer and supplier, Devonshire Industries Ltd., had record sales for the year to March 31, exceeding $3 million for the first time, on its way to a declared profit of $540,169, the first time in five years that net income exceeded half a...
DATE: Jul 18, 1997
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David Fox, Business Editor
today, have already heard expressions of optimism for the new fiscal year.
It comes after the last full year to March 31 in which on average Home sold at least one mortgage a day.
President and CEO, Arthur Haycock, believes that first quarter figures...
DATE: Jul 17, 1997
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David Fox, Business Editor
including Zurich Global Energy Ltd., has led to new windows of opportunity for Zurich International (Bermuda) Ltd. (ZIB) -- and a tripling of its written premium.
ZIB markets direct life business and direct non-life business from offices at Cedar Ave...
DATE: Jul 15, 1997
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AUTHOR:
David Fox, Business Editor
Assurance Society Inc. (ALAS) has won affirmation from rating agency, Standard & Poor's (S&P), of its `AA' (double-A) claims paying ability and issuer credit ratings.
The ratings are based on ALAS' superior capitalisation, excellent underwriting oper...
DATE: Jul 15, 1997
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David Fox, Business Editor
in Bermuda -- and the most significant casualty is the Island's most influential insurance man, Bermudian Brian Hall.
In a statement obtained by The Royal Gazette , J&H said to staff last week that Mr. Hall was electing to retire from the firm but wo...
DATE: Jul 14, 1997
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David Fox, Business Editor
Bermuda is speeding toward a milestone of having 10,000 operating international companies.
And Finance Minister Grant Gibbons has told an annual international captive insurance conference at the Princess Hotel that Bermuda is also fast becoming one o...
DATE: Jul 14, 1997
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AUTHOR:
David Fox, Business Editor
The Bermuda market, as a leading controller of capacity in the Lloyd's insurance market, is a key reason why Lloyd's is no longer calling itself Lloyd's of London, a UK-based reinsurance magazine, The Review has said.
Five Bermuda insurers and reinsu...
DATE: Jul 10, 1997
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AUTHOR:
David Fox, Business Editor
