1610 results returned for search: "" category "Business" author David Fox, Business Editor
redundancies as a result of restructuring that began with the merger with Alexander & Alexander (A&A).
The new structure of the Bermuda Aon affiliate is beginning to take shape, nearly five months after its parent, Aon Corp., spent a projected $1.23 ...
DATE: Jun 05, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
commissioner of insurance to, "if legally possible, bring EMLICO back to Massachusetts.'' The preliminary report from the state House of Representatives Post Audit & Oversight Bureau, also states that claims of fraud against Electric Mutual Liabilit...
DATE: Jun 04, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
The Massachusetts commissioner of insurance has been asked by the Supreme Judicial Court for documented proof that Bermuda-domiciled Electric Mutual Liability Insurance Co. (EMLICO) was still under the jurisdiction of the court, after EMLICO moved to...
DATE: Jun 03, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
A diversity deadline is looming this weekend for companies listed on the Bermuda Stock Exchange (BSX), which were required to have had 15 percent of their securities in the hands of the public by May 31.
And the BSX believes that local companies list...
DATE: May 30, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Duperreault has told shareholders by letter that the benefits of the company's diversification were evident in the 1997 second quarter results.
He declared: "In an extremely competitive market, we're stronger today than ever before.'' Mr. Duperreaul...
DATE: May 30, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
is set to retire. Executive vice president and chief financial officer, Brian G. Walford will leave the company at the end of the year. No successor has yet been appointed.
Since December 1994, Mr. Walford, 43, has been at the office of the chief exe...
DATE: May 23, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
people signed up before it was even advertised! The sold-out session will focus on residual value insurance (RVI) and is being presented by Tony Forster, CEO of Britannia International Group and senior vice president, underwriting for R.V.I. Guarant...
DATE: May 23, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
A new group is interested in constructing a global submarine fibre optic cable that would provide an alternative telecommunications link to Bermuda.
Neptune Communications, L.L.C. has just been formed as a privately-held, Delaware-based, submarine ca...
DATE: May 22, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Kemper Reinsurance Co. has filed several briefs, including a motion to intervene that states that it is "the money of EMLICO's reinsurers, including Kemper Re, that is directly at stake in this proceeding''.
In a separate motion, the reinsurer expres...
DATE: May 21, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
the move of a Massachusetts insurer to Bermuda nearly two years ago are awaiting a Massachusetts judge's decision in the Supreme Judicial Court for Suffolk County. In a real life clash of the titans, corporate powerhouses are locking horns in the com...
DATE: May 21, 1997
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
