1775 results returned for search: "" category "Business" author David Fox, Business Editor
Top analysts discussed the direction of Bermuda insurers and reinsurers in the just-published Annual Non-Life Insurance edition of The Wall Street Transcript.
The investment minded review is an in-depth roundtable forum featuring four distinguished a...
DATE: Dec 04, 1998
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
board to paper dealers in Hong Kong and China has collapsed, with the loss of hundreds of jobs in Hong Kong.
The Nasdaq Stock Market de-listed Bermuda-domiciled Concordia Paper (Holdings) Ltd. after a receiver had been appointed for the firm's princi...
DATE: Dec 04, 1998
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Robin Spencer-Arscott's insurance consultancy, RSA Ltd., has landed a top account with Bermuda-based Venton Holdings Ltd. (VHL), whose principal operating subsidiaries operate at Lloyd's.
VHL was established as a Bermuda holding company in 1994 for t...
DATE: Dec 04, 1998
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
A decline in earned premiums and net realised losses on investments sent third quarter net income for Bermuda-based Oil Casualty Insurance, Ltd. (OCIL) tumbling nearly 99 percent.
In a quarter in which no losses were incurred, the company posted a pr...
DATE: Dec 03, 1998
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Bermuda-based RSL Communications, Ltd. has completed a public equity offering of 7 million shares of its Class A common stock.
The shares were priced at $23.875, generating total proceeds of about $160 million to the company.
Goldman, Sachs & Co. was...
DATE: Dec 03, 1998
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
and has taken measures to better position new and improved pension products in the Bermuda market.
Sun Life and its investment management subsidiary manages $13 billion in pension assets, including nearly $75 million in Bermuda.
Vice president for pe...
DATE: Dec 02, 1998
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
Bermuda-registered tanker company, Frontline, has alleged that the board of directors of take-over target, ICB Shipping AB, may have contravened Swedish law.
Frontline has been stymied in its attempt to take control of ICB in a ships for shares deal,...
DATE: Dec 02, 1998
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
A disagreement between a top London boss of Bermuda-based ACE Ltd. and two Lloyd's underwriters has led to terminations, a London newspaper has reported.
The article pre-empted, if not clouded, yesterday's announcement of promotions and other restruc...
DATE: Dec 01, 1998
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
In an increasingly competitive environment, Bermuda is still trying to garner its share of a market in Foreign Sales Corporations (FSCs) that local executives first sought ten years ago.
And a banker has advocated that `national' planning may be in o...
DATE: Dec 01, 1998
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor
insurance industry has dedicated to the Y2K fix.
The Millennium Bug, as long was feared, has become a multi-billion dollar pest, as increasingly expensive programmers race against time to correct an oversight embedded in information systems since the...
DATE: Nov 30, 1998
|
CATEGORY:
Other
|
AUTHOR:
David Fox, Business Editor