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Last minute shoppers are putting a hectic strain on Hamilton retailers in the throes of another busy Christmas period. And some believe it is the busiest they've seen in many years, with more purchasing than in recent years, even though buying patter...

Ireland's biggest drug company, Elan Corporation, plc. Elan's Bermuda-based subsidiary, Elan Finance Corporation Ltd., has just completed a $750-million debt offering, channelling the proceeds through the bank for international investment. Elan Corp....

Bermuda architects are calling for the replacement of the "out-dated'' Architects Registration Act 1969 to establish a level playing field for competition, tighter regulation in the industry and improved standards. President of the Institute of Bermu...

specialty reinsurer Stockton Reinsurance Ltd. has agreed in principle to buy one of the largest remaining independent managing agencies at Lloyd's. Crowe Insurance Group Ltd. manages six syndicates with total premium income capacity for the 1999 year...

Small retailers on Court Street still believe that they will be able to one day rival Front Street as a major shopping area in the city. Right now, progress is slow. But there is optimism in the air because there are already indications that Bermudia...

Bermuda retailer Roger Davidson cannot boast of any Christmas sales records at his five stores. But he remains upbeat. The HA&E Smith Ltd. president was pinning his hopes on a last-minute rush of shoppers. Heading into the final week of pre-Christmas...

and corporate finance subsidiary, Seymour Pierce Butterfield for nearly $2.75 million. The bank exited the business, which trades under the name Butterfield Securities, at a small premium -- achieving a small profit over the net asset value of the co...

Carter A. Frith is believed to be the first Bermudian to underwrite direct satellite business. He has just been promoted from assistant underwriter to underwriter in the satellite division of ACE Insurance Co., Ltd. Amazingly, he had to go to New Yor...

and reinsurer, Exel Ltd., is changing its name to XL Capital Ltd. An indication of this first became obvious with the advance material for February's Bermuda Insurance Symposium IV, released last week. A company spokesman confirmed the proposed chang...

Voyager Asset Management Ltd. has launched a new fund, the VOYAGER US Treasury High Yield Fund Ltd. and listed it on the Bermuda Stock Exchange under symbol VOYUSTA BH. Voyager is a subsidiary of Bermuda-based investment manager, Voyager Management (...