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a net loss of $2.6 million ($0.10 a share) for the 1995 first quarter to March 31. That is an improvement over 1994's first quarter when the firm lost $14.5 million. The bottom line result came even though the company doubled its net written premiums...

Mrs. Dora Whitecross took over the reins of the Bermuda Credit Association (BCA) eight years ago, ironically, just as she was considering leaving the company. She remains there as general manager today, conceding she couldn't be happier. She got ther...

179 percent to $47.7 million or $0.85 a share for quarter one of 1995, compared to $17.1 million or $0.32 per share over the same period last year. For the three-month period to March 31, operating earnings were $49.6 million, excluding net realised ...

Insurance regulators quickly re-registered all of the Class 4 insurance companies under the new insurance regulations, before last Saturday's application deadline. As of the end of April, the companies faced tough new solvency and capital requirement...

trading at reduced prices, providing a period of added value for investors. The lower prices for stocks may reflect uncertainty in the market, according to a Bermuda Investment Advisory Services Ltd. (BIAS) analyst, Mr. Mark Melvin. Mr. James Masters...

net loss of $10,512,000 for the year to the end of December 1994, in stark contrast to their $90,117,000 profit in the year before. It was the sixth time in the last ten years that the company has reported a loss. There are bright spots. For one thin...

oldest captive insurers to cease underwriting and enter run-off. Hopewell International Insurance Ltd. will cease underwriting on June 30 and transfer the unexpired portion of its current property and marine business on July 1 to Harrington Internati...

global asset management company with money management giant INVESCO Plc. The new exempted company, INVESCO Global Asset Management Ltd. (IGAM), is targeted primarily at the Bermuda insurance market. INVESCO, with $70 billion in assets under administr...

In an unusual move, the firm of liquidators for the failed United Security Life Insurance Company Ltd. have slashed their bills by more than 30 percent. Creditors were told at a meeting yesterday how the liquidators, of accounting firm Ernst & Young,...

Small Business Development Corporation general manager, Ms Michelle Baiyina Khaldun, has been a teenage activist, a banker who negotiated labour deals and an education lobbyist in New York State. A Muslim, she gave up her college plans to go to the S...